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Old 08-09-2011, 08:20 PM
 
48,516 posts, read 84,382,247 times
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Since this is the retriemnt forum ;I would think most are much more conservatively invested already.
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Old 08-09-2011, 10:02 PM
 
Location: Bar Harbor, ME
1,922 posts, read 3,798,351 times
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My grandfather had a great strategy with the markets: Sell when its low, buy when its high. After everyone got on the bandwagon he bought. As soon as it dropped he sold it. Never had any real money, and wondered why he could never make any money in the markets.
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Old 08-10-2011, 12:29 AM
 
4,135 posts, read 9,467,492 times
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Hold.

We plan only to take out if we need to -- so far, we have not.
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Old 08-10-2011, 06:08 AM
 
Location: SW MO
23,605 posts, read 31,672,003 times
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Outta the market and didn't care. Like it that way!
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Old 08-10-2011, 09:16 AM
 
Location: Wisconsin
21,593 posts, read 44,392,435 times
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Been out of the market since early 2008 before the crash. Still have high-rate CDs and my GNMAs are doing very well. Own a little gold and will add to that. No equities other than in an employer retirement fund I have no control over.
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Old 08-10-2011, 10:06 AM
 
Location: Charlotte, NC dreaming of other places
983 posts, read 2,189,051 times
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I folded a year ago and now holding strong. Can't really change more than what I already did.
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Old 08-10-2011, 11:36 AM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
22,885 posts, read 40,376,150 times
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If you missed the blatant warning signs... hang on and sell the dogs on up days.

I suspect the markets will languish for quite awhile. The US economy is really pathetic since we don't really offer much in the line of a 'value-added-product' / or tangible wealth. We (USA) THOUGHT we could become a service economy, BUT anyone who travels internationally can vouch that many foreign countries (and airlines) are far more adept at delivering quality service than the USA (YMMV).

I recently rolled much of the stock portion of my portfolio into 'cash' to buy bargain Real Estate properties. While I have been a lifelong investor, I feel more comfortable with tangible assets and have a little more confidence in strategically buying smaller, high quality RE products. There is plenty of risk here too, but I haven't been axed in markets I know and watch carefully.

I am also offering decent returns (5-7%) to 'older' folks I know who are suffering low interest rate on their cash. It is a 'win-win' (I only do this on stuff I own free and clear and that has a SECURE and Hugely positive cash flow)
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Old 08-10-2011, 11:50 AM
 
Location: Orlando, Fl
492 posts, read 1,246,485 times
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Back on 5/23 moved from our MANAGED INCOME FUND (cash) to BTC EQUITY INDEX C (S&P 500), on 5/31 moved it back to cash where we are now. Got a 4 page letter from Fidelity saying I shouldn't to that but they let me keep the $4300. I am now waiting for the next stuff from the WH to send the market even lower. I will then take a shot at the BTC once more. Do not need the money in the 401k for a least 8 years, by then who knows.
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Old 08-10-2011, 12:28 PM
GLS
 
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I was tempted to sell something, but after two hours of whimpering, then a few more hours of cursing, the market had already closed.
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Old 08-10-2011, 12:32 PM
 
30,014 posts, read 35,107,644 times
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Quote:
Originally Posted by texdav View Post
Since this is the retriemnt forum ;I would think most are much more conservatively invested already.
Not if you have 30-40 more years to live and interest rates so low.
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