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Posted on 9/23/22 at 6:38 am to Haymaker
quote:
I’m sitting on $100 K because I think my fellow citizens may be unloading some material possessions soon.
Are you a pawnbroker?
Posted on 9/23/22 at 6:44 am to Trevaylin
Yeah Joe is really doing a great Job.
Posted on 9/23/22 at 6:57 am to Trevaylin
Biden Rally!
Posted on 9/23/22 at 6:58 am to Trevaylin
Mud huts by 2025
Posted on 9/23/22 at 7:03 am to brett408
quote:
Cash is NOT the place to be. If you are playing the long game, it is time to buy.
it is not time to buy yet
Posted on 9/23/22 at 7:07 am to Aubie Spr96
quote:Ditto. Some wrecks are easy to see coming. I’m fine giving up some potential gains not to be too late bailing out.
Been all cash since the Biden inauguration.
I’m too old to ride out the downs anymore.
Posted on 9/23/22 at 7:08 am to Trevaylin
since i am years off from retirement, time to up my contributions in to both my 401k and roth 401k
buy at a discount.....
buy at a discount.....
Posted on 9/23/22 at 7:12 am to Trevaylin
Stealing what is not their's to pay for their agendas
Posted on 9/23/22 at 7:14 am to brett408
quote:
Cash is NOT the place to be. If you are playing the long game, it is time to buy.
Incorrect, cash is a great place to be if you're an investor (as opposed to a trader), at least as long as you are stockpiling that cash to buy up the deals once it seems the market has bottomed out.
The idea is to buy low sell high, not buy high then sell higher.
I sold off a chunk of my portfolio over the summer, I've moved a good amount into energy but I've set aside the rest and have added my bi-monthly allotments to that cash stockpile for when I think the market is about to turn or already has.
Posted on 9/23/22 at 7:16 am to Haymaker
quote:
I’m sitting on $100 K because I think my fellow citizens may be unloading some material possessions soon.
You should put some of that into I bonds (rates are over 9.5%).
Posted on 9/23/22 at 7:17 am to brett408
quote:
Cash is NOT the place to be. If you are playing the long game, it is time to buy.
It would be an easy, big buy right here if Putin wasn't annexing territories this weekend and threatening encroachment with nukes (which seems like a very real possibility).
Posted on 9/23/22 at 7:56 am to Trevaylin
Posted on 9/23/22 at 8:02 am to Trevaylin
Biden's America
Posted on 9/23/22 at 12:19 pm to BarleyPop
quote:
would be an easy, big buy right here if Putin wasn't annexing territories this weekend and threatening encroachment with nukes (which seems like a very real possibility).
If that happens we're all scrieuxed anyway.
Might as well buy stocks when they're on sale.
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