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re: I have a friend that panicked in April and cashed out his 401k when Dow was at 36.

Posted on 10/27/25 at 9:54 pm to
Posted by theballguy
Member since Oct 2011
31460 posts
Posted on 10/27/25 at 9:54 pm to
High growth ETF's. I don't do any speculating though (crypto -- nothing wrong with it -- I just don't understand it).

quote:

We're talking 12%+ every year with no down periods you're forced to draw out during.


Not year in/year out but over more time and it's a lot more than 12%. Just start doing it. I can't make you do it and honestly, I don't care if you do it or not or don't believe me.
Posted by Rebel
Graceland
Member since Jan 2005
141544 posts
Posted on 10/27/25 at 9:56 pm to
quote:

This affects me how????


It doesn’t other than giving me the power to make you click on thread and post a gayasphuc comment

You muppets are all alike.
Posted by jrobic4
Baton Rouge
Member since Aug 2011
12203 posts
Posted on 10/27/25 at 10:06 pm to
quote:

If you're invested properly, you can take out 8% every year for the rest of your life and it will still outgrow itself


This is simply untrue, but of course you got lots of upvotes here.

Google "sequence of returns risk"
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1721 posts
Posted on 10/27/25 at 11:22 pm to
I think the market returns helped us buy out Kelly. Glad we didn't sell in April..
Posted by Sofaking2
Member since Apr 2023
19570 posts
Posted on 10/28/25 at 1:08 am to
It depends on how much money he has and how close he is to retirement? Context is everything.
Posted by WWII Collector
Member since Oct 2018
8611 posts
Posted on 10/28/25 at 1:26 am to
quote:

Please don’t be a panican like my friend.


I knew it... 1929 all over again... CRASH... Germans were tossing money into the fire because it was cheaper than wood to heat the house.. Hyper Inlfation it was called.

What happened to solve it. Well they just printed a new currency and the USA went on Gov funded projects...

Posted by OccamsStubble
Member since Aug 2019
9031 posts
Posted on 10/28/25 at 4:46 am to
quote:

Everything is at or near record high - stock market, crypto, gold, silver, real estate


All true, the economy is relatively strong. I’d like to see the true value of the investments above in light of the fact that

1) there are 23.5 trillion dollars in circulation worldwide
2 we dilute that number every year by printing 2 trillion dollars

Seems like those investments need to increase about 8% per year just to keep up with inflation
Posted by theballguy
Member since Oct 2011
31460 posts
Posted on 10/28/25 at 5:24 pm to
Sure anything is possible. But not likely.
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 10/28/25 at 5:29 pm to
quote:

Never ever ever ever empty out a brokerage account. Never.

If you're invested properly, you can take out 8% every year for the rest of your life and it will still outgrow itself.
Posted by Powerman
Member since Jan 2004
170709 posts
Posted on 10/28/25 at 5:31 pm to
I see a lot of analysts saying that the next decade will have pretty pedestrian returns. I don't think we average 8% per year over the next decade at the premiums some of the top stocks are trading at
Posted by Powerman
Member since Jan 2004
170709 posts
Posted on 10/28/25 at 5:34 pm to
quote:


It's never failed to happen over a 10 year period. But, it requires you to do it, not me.

Wrong
Posted by Big Scrub TX
Member since Dec 2013
38521 posts
Posted on 10/28/25 at 6:38 pm to
quote:

I see a lot of analysts saying that the next decade will have pretty pedestrian returns. I don't think we average 8% per year over the next decade at the premiums some of the top stocks are trading at
Right. These idiots just casually asserting that you can find easy/obvious investments paying INCOME of greater than 8%/year.
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