Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
|
||
|
||
If you are worried about the stock market now, you have not been adequately conservative or diversitified. 30 percent stocks, 30 percent bonds, 40 percent cash, regardless of your age. If you have done that forever, you would be way ahead and not be worried at all.
|
|
#17
|
||
|
||
Rocking chair quarterbacks!! OOPS wrong chair.
Rocking chair Financial Advisors.
__________________
Life is simple. It’s just not easy. |
#18
|
||
|
||
No worry for me, I got out of the Ponzi scheme long ago. Wall Streeter’s inside trader’s will use any excuse to cause market to drop, then they can buy low and all us suckers caught in down side.
|
#19
|
||
|
||
Quote:
|
#20
|
||
|
||
Quote:
Hint: One is illegal...the other very legal. Buffett has stated for years, that he doesn't think it's right that his tax rate (NOT taxes paid, as in your statement)...is lower than his secretary's. In fact... Warren Buffett on Tax Reform -- The Motley Fool Quote:
|
#21
|
||
|
||
Quote:
|
#22
|
||
|
||
Reminder...please stay on topic..."stock market volatility"
Moderator |
#23
|
||
|
||
Quote:
You are correct that post took this thread off subject. |
#24
|
||
|
||
Quote:
Sent from my SM-N960U using Tapatalk |
#25
|
||
|
||
Quote:
I love that saying "buying opportunity". Wall Street jargon for lipstick on a pig. Last edited by rustyp; 12-31-2018 at 11:44 AM. |
#26
|
||
|
||
I had a nice positions in good yielding corporate bonds and preferreds. Slowly but surely they were all called. New bonds were so far over par that the yield was like a CD. That forced me more into equities which have paid off 8 out of 10 years.
Sold an amount a few months ago that that I figured was equal to the Trump bump. Put that recently into a one year 2.75 % CD. Wii be anxious to hear what my financial advisor has to say about 2019 during my upcoming review. Sent from my SM-N960U using Tapatalk Last edited by Chi-Town; 12-31-2018 at 04:00 PM. |
#27
|
||
|
||
The market losses are reminiscent of the Great Recession only faster. Stay fully invested and make no withdrawals and in a few years your account should be back to normal. For those of us taking mandatory RMDs from our IRAs the value losses will be even greater.
Hope you youngsters get the message on the downside of conventional IRA vs Roth. |
#28
|
||
|
||
Quote:
|
#29
|
||
|
||
Quote:
The Bigger the dip, The Bigger the bounce. |
#30
|
||
|
||
Love it - providing you were not in for the dip. Amazingly I do not have an acquaintance that lost money on the way down. BUT I never had an advisor that told be to get out. This is no more than a giant legalized game of musical chairs. When the music stops and you are not in a chair you will be the ultimate loser.
|
Closed Thread |
|
|