re: Anybody cashing out when Dow hits 30K?

"Oh please,"

Anyone who would start of a business discussion and expects to be listened to seriously would not use such juivinale terminology...

What happened to the golf fellow he used to hand out solid advice?

Anyway Happy Thanksgiving all.

And whatever happened to the stickied coin thread?

Out.

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Anyone who would start of a business discussion and expects to be listened to seriously

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I don't "expect" you to listen, or take me seriously.

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juivinale

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Juvenile*

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What happened to the golf fellow he used to hand out solid advice?

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Iowa Golfer? He's around. And I'm pretty sure he preaches options as bottom side insurance for his investments. Which is nowhere near cashing out at an arbitrary number.

Thank you,

IowaGolfer that guy had some of the best advice around. I poke around here but I'm not a pink-sheet day trader and this forum has changed drastically in the last five years.

I just asked a question here, one I overheard during a meeting by a group of investors.

It took my by surprise by the two members who were having a sidebar discussion and yes they are both mature marketeer fellows.

It seemed odd and yes I have asked it here and with my Edward Jones manager.

Some of these responses seem juivinale and act like anything I saw can influence the market.

I started my portfolio in 1975 with 22 shares of Southern Company common stock.

I worked all summer on my grandparents farm and that's how I was paid at the end when I went back home to attend school again.

Best thing that ever happened to me.

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Who all is still out?

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Bump. Who all is still out?

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Yep. Never let emotions or an arbitrary number be what guides you.

Depending on one’s age, the problem with cashing out (even if you make a lucky timing call) is that you won’t know when to get back in. Again, age dependent, but the most that the average INVESTOR should do is rebalance from time to time.

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Yep. Never let emotions or an arbitrary number be what guides you.

Depending on one’s age, the problem with cashing out (even if you make a lucky timing call) is that you won’t know when to get back in. Again, age dependent, but the most that the average INVESTOR should do is rebalance from time to time.

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People have this weird impression that this board looks down on people adapting to market conditions, when in fact some of the reactions we see are usually emotional ones. Yeah people talking about cashing out and such get ridiculed too much, but in the end it saves them money if they listen. see post at the top of this page.

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I have a few friends who will be after 30+ years of investing.

I'm having my portfolio audited next week and it might be time to move into tangibles and more secure money markets.

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So what will you be doing now my man, since the Dow has hit your target number?

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Anybody cashing out when Dow hits 30K?

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Ah, the old "buy high, sell low" move...it's been around since the dawn of investing.