re: One week ago tonight some posters were saying the Apocalypse had begun.

Anyone who watched Buffy the Vampire Slayer knows there’s always another Apocalypse. Don’t freak out.

quote:

---

how long has it been since you were sure Russia was going to default?

ETA 10 years ago

---

Damn

quote:

---

I like the posters that just had to post about going “all cash” months ago in anticipation of the crash. lol.

---

Me, too. The hard part about going to all cash is knowing when to get back in the market.

When someone posts they're going to all cash I usually ask them to let us know when they get back into the stock market.

So far not a single one of them has ever done that.

quote:

---

Me, too. The hard part about going to all cash is knowing when to get back in the market.

---

My favorite posts are the ones that begin with, ”I know I shouldn’t try to time the market… but___”

quote:

---

I went all cash 3 weeks ago and now I have to pay 38,000 in taxes between now and next April.

---

Two comments (which you likely already know but just in case...):
1) If any of your gains were long-term capital gains, you get a lower tax rate on those gains, not ordinary income rates.

2) If you don't pay estimated taxes by the next due date, September 15, you might find yourself owing interest and penalties on the unpaid taxes if you wait until April to pay.