dow jones

Old Man Jingles

Rat out of a cage
Why don't you look into guaranteed return annuity? (8-10% return) They now offer a death benefit to protect against any loss. I put my parents (84 & 81) in one after they sold some stocks in 2019.
I have done that on a smaller scale but there were hold periods of 2 -7 years or more.
I did that in 2007 for $300K for a 6 year hold and very luckily it did well compared to my other investments but not significantly better.
I normally stay in the market regardless, but with the Trump run-up and looming Biden presidency, I moved out when DOW was at 28,500.
I fear a substantial bubble burst within the next 6 months.
 

DELACROIX

In the Spirit of Honore' Daumier
I have done that on a smaller scale but there were hold periods of 2 -7 years or more.
I did that in 2007 for $300K for a 6 year hold and very luckily it did well compared to my other investments but not significantly better.
I normally stay in the market regardless, but with the Trump run-up and looming Biden presidency, I moved out when DOW was at 28,500.
I fear a substantial bubble burst within the next 6 months.



I presume most of us are waiting for more info on that third stimulus package before moving...
 
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I'm not trying to time the market. But after last year and seeing how low my accounts went, which shouldn't scare me I was all in. Now I got a boatload of money in my retirement funds and my future looks a lot brighter.
so I'm going to chill out with some of my money on the sidelines for right now till I figure out a new game plan.

I see a bigger downside potential than upside potential right now with all the craziness that's going on in this world

Maybe I'm wrong?
 

It will be fine

Well-Known Member
I'm not trying to time the market. But after last year and seeing how low my accounts went, which shouldn't scare me I was all in. Now I got a boatload of money in my retirement funds and my future looks a lot brighter.
so I'm going to chill out with some of my money on the sidelines for right now till I figure out a new game plan.

I see a bigger downside potential than upside potential right now with all the craziness that's going on in this world

Maybe I'm wrong?
Definitely wrong
 

Brownslave688

You want a toe? I can get you a toe.
Robinhood along with others. Halted the buying of game stop but not the selling. If that’s not price rigging I don’t know what is.
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