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Stocks..up..up. when to move to safer shores?

Discussion in 'Economics, Business, and Taxes' started by PhilFish, Nov 2, 2017.

  1. PhilFish

    PhilFish Moderator Staff Member

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    PhilFish, Nov 2, 2017
    #1
  2. Woolleybugger

    Woolleybugger Mayor

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    Don't ever take my advice on stocks. However, the week after Trump got elected, I put most of my 401k into cash. Sure I gave up some gains but I sleep a hell of a lot better. The stock market cannot go up forever, when it drops, I will buy. Until then, I keep cash. Timing the market is a suckers play. I know, I am a well traveled sucker.
     
    Woolleybugger, Nov 11, 2017
    #2
  3. bdtex

    bdtex Moderator Staff Member

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    I am looking to convert some real estate into cash in 3-4 months. It is not a move that was being contemplated last year. Some circumstances in early February kinda forced the move. I am just hoping the economy doesn't crater before then. It's gonna be hard to breathe easy until then. If I can get around what I think I'm gonna net,I sorta have to keep it in cash and protect it for at least 2 years,3 months. It'll be nice if it works out that way.
     
    bdtex, Apr 2, 2018
    #3

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