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re: Anybody cashing out when Dow hits 30K?

Posted on 11/22/20 at 2:35 pm to
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
9914 posts
Posted on 11/22/20 at 2:35 pm to
I don't know honestly just this came up in a breakfast conversation with a small group recently like, Thursday?

I am not sure why the down votes are happening?

I have asked the question because these guys have 7 figure portfolios.

Is it unreasonable?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11194 posts
Posted on 11/22/20 at 3:13 pm to
It's not. There are a lot of people looking at EM equities and moving money away from bonds. Money market inflows were huge in Q2. But just remember that means a lot of cash on the sidelines so it could go right back into US equities depending on how 2021 looks.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 11/22/20 at 3:38 pm to
quote:

I have asked the question because these guys have 7 figure portfolios.



So what? Mine has 7 figures too when you add the cents in.
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