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re: Should I move my 401k money to the cash option ahead of the election?
Posted on 11/5/20 at 3:52 pm to TimeOutdoors
Posted on 11/5/20 at 3:52 pm to TimeOutdoors
quote:
Why would anyone not? Everyone believes the stimulus package will go forward after the election.
Right. And that was the expectation prior to your politically charged post, and the same is expected now. Nothing has changed on that front.
Anyway, whether people here want to trade or invest, jump out and then jump back in, what they do is their own business. But when someone does a 180 and the logic behind that decision makes no sense, people question it. That's all.
A good day to you as well.
1
Posted on 11/6/20 at 7:56 am to Jag_Warrior
This week is a good example of why trying to time the market is usually a bad idea.
Some people said Trump would be better for the market and if he lost it would tank.
Some said the opposite and that Biden would be better.
Almost everyone agreed that the worst outcome for the market would be a standoff, which is exactly what happnened....yet here we are up roughly 8% since Mon.
Some people said Trump would be better for the market and if he lost it would tank.
Some said the opposite and that Biden would be better.
Almost everyone agreed that the worst outcome for the market would be a standoff, which is exactly what happnened....yet here we are up roughly 8% since Mon.
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