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Discussion in 'Rants and Raves' started by HJB, Apr 8, 2020.
The Stock Market these days...
I'm just letting my funds ride the wave right now. Keeping my contributions going and letting time in market do its job.
If one has a few years before they will need the liquidity, holding rather than selling at the bottom is very wise. Especially if the stocks are paying good dividends.
Fortunately, I had held back some funds for a while now and was able to jump in when the drop hit. Felt like I was missing out (which I was), but now I will see a far greater return than what I had forgone.
Unfortunately for me, the wife didn't want to put 401K monies into a money market 4 months ago when I suggested it, knowing a correction was coming. Could have moved it all back in now and gained some more upside. Oh well, ride it out again like in '08.
Nah. Pull them out at the bottom in a panic, and wait until the market has recovered and stabilized before you buy back in.
Sell low, buy high!
I'm waiting on the damn crop report. I've got a guy on the inside.