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Started By
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re: If you haven’t already reallocated your 401K into a safe space, you better get on it
Posted on 1/27/21 at 7:56 pm to Eli Goldfinger
Posted on 1/27/21 at 7:56 pm to Eli Goldfinger
I ‘m purchasing small middle eastern counties and principalities.
0
Posted on 1/27/21 at 8:03 pm to GREENHEAD22
I just moved everything to the most conservative portfolio my company offers. It takes a day or two for it to transfer over.
Going to see how this shiitshow trends before I even remotely think about putting it back into anything aggressive.
The Dims are a pox on this country.
Going to see how this shiitshow trends before I even remotely think about putting it back into anything aggressive.
The Dims are a pox on this country.
Posted on 1/27/21 at 8:03 pm to phutureisyic
I am giving the OP the benefit of doubt that he is talking about moving it from stocks-heavy funds to less risky investments like the treasury and municipal bonds.
These replies are ridiculous.
quote:quote:
Took both my 401K’s out before election. Took that money and put it in my walls.
These replies are ridiculous.
Posted on 1/27/21 at 8:08 pm to Eli Goldfinger
"safe space"? The only safe space is 50% in the back pocket of "the big guy". Ask Hunter.
Posted on 1/27/21 at 8:11 pm to Eli Goldfinger
Borrow everything you can now and buy tangible assets. Interest rates are low and wages are about to get inflated.
Posted on 1/27/21 at 8:13 pm to MrXYZ
Not a bad plan, tbh.
Borrow and buy land.
Borrow and buy land.
Posted on 1/27/21 at 8:37 pm to Eli Goldfinger
WTF? You just started a thread asking people to explain to you what was going on with Gamestop and now you're giving major advice? GTFO.
Posted on 1/27/21 at 8:40 pm to Eli Goldfinger
Stupid unless you are about to retire. Just ride it out for now
Posted on 1/27/21 at 8:42 pm to Jake88
quote:
WTF? You just started a thread asking people to explain to you what was going on with Gamestop and now you're giving major advice? GTFO.
If you aren't getting major financial advice and funny memes here, what are you doing?
Posted on 1/27/21 at 8:42 pm to SEC. 593
They don't but I absolutely love them.
but I absolutely love them. 
Posted on 1/27/21 at 8:52 pm to Eli Goldfinger
Fear sure does make people do stupid things. Imma ride this baby out and I guarantee I will come out on top. History is on my side.
Posted on 1/27/21 at 8:53 pm to Jake88
quote:
WTF? You just started a thread asking people to explain to you what was going on with Gamestop and now you're giving major advice? GTFO.
I know what a short is, Mr. Buffet.
I was actually asking about the Nazi/Reddit angle.
Posted on 1/27/21 at 8:53 pm to Bulldogblitz
quote:Making money.
If you aren't getting major financial advice and funny memes here, what are you doing?
Posted on 1/27/21 at 8:55 pm to LatinTiger30
quote:
Fear sure does make people do stupid things. Imma ride this baby out and I guarantee I will come out on top. History is on my side.
Good luck to you.
Imma put my money in a safe space and ease back in once I think things have stabilized.
Posted on 1/27/21 at 8:55 pm to Eli Goldfinger
I recommend putting 100% of your 401k into AG or SLV tomorrow. Do NOT miss out on tomorrow's run.
Posted on 1/27/21 at 9:15 pm to Eli Goldfinger
Don't need luck when there's ample data on this shite. Get out now and you miss making the real money. You are obviously marching to the beat of your own drum because no fund manager would encourage the moves you’re making.
You’re acting out of fear, but you do you. I would only be worried if I was retiring in the very near future.
You’re acting out of fear, but you do you. I would only be worried if I was retiring in the very near future.
Posted on 1/27/21 at 9:24 pm to Eli Goldfinger
GBTC
Posted on 1/27/21 at 9:26 pm to LatinTiger30
quote:
I would only be worried if I was retiring in the very near future.
5 years
Posted on 1/27/21 at 9:29 pm to Eli Goldfinger
The money I make knee jerk reactions with goes to my bookie, therefore lesson learned.
Posted on 1/27/21 at 9:31 pm to Eli Goldfinger
The market is still the place to be. Read what Biden’s economic adviser said in another thread about forgetting about debt ration to the GDP and instead concentrating on the percentage of GDP used to pay interest rates. That means interest rates must continue to remain artificially low forever. Which means that the only place to get a return on money is in the market. Sure, property will work too, but it’s value is going to be expensive because of the low rates. Sure, you can borrow money and buy property, but you still have to have income to service the debt until you sell it. If it doesn’t sell, you could go bankrupt paying the debt. In that respect, the market is safer and allows you to get into it with less money.
This post was edited on 1/27/21 at 9:46 pm
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