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re: What percentage of my total liquid assets should be in cash right now?

Posted on 3/8/13 at 1:18 pm to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 3/8/13 at 1:18 pm to
Agree why would anyone wanna hold cash when it's devaluing by the day...buy an hold and reinvest dividends nobody has ever had less over a 20 year period doing so....need cash for other deals, great use a stock loan or don't invest money you may need....I've owned Altria stock since I was 15, my uncle bought it for me along with coke and xom....I'm 34 now and my $1000 gift is now close to $23,000 and has a 2,200% return.....trading stocks and timing the market is a fools game....buy and hold solid companies and just buy more during crashes or corrections And that includes tech bubble crash,sept 11,and market crash 4 years ago....and still 2200% from a blue chip in 18 years...the coke and Exxon shares did well too just not at much
This post was edited on 3/8/13 at 1:33 pm
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