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re: What’s up with the stock market lately?

Posted on 1/19/22 at 9:22 pm to
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2707 posts
Posted on 1/19/22 at 9:22 pm to
I see things getting really rough and soon due to interest rate raises coming. I personally think you will see an additional 20% or more drop within next 2 mos.

On the bright side, this is why you always have cash, because it is and will get better IRT buying opportunities.

I'm not retiring within the next 10 years, so the more the market gets hammered now the better off I will be in the long run.

I just shifted my input into my 401K into high gear.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35554 posts
Posted on 1/19/22 at 10:35 pm to
quote:

On the bright side, this is why you always have cash


How long have you been sitting on that cash?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/19/22 at 10:57 pm to
quote:

On the bright side, this is why you always have cash


only lost 7% on that last year, well done man
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