Sure is high.
Yep. Ive been moving stuff to cash. Too old to endure a great loss.
I've been largely sitting out this fun-fest, as I'm in the final stages of a 1.5 year long divorce process, and didn't want last-minute market fluctuations to mess up the negotiations.
And there's a certain amount of increased forward-looking risk averseness until I really get my new life/budget verified with some reality testing.
We have always had a huge chunk in cash as my insurance policy. Allows me to look at the market with less emotional involvement.
I wish I knew what percentage of our financial assets are in cash or cash equivalents like CDs.
You could say “well Iris why don’t you figure it out “ but you know what? It’s kind of complicated. I am actually thinking about sending it all to my main investment guy and just say dude, figure this out for me, willya? Up to now we have kept the investment guys segregated from each other.
Where did I read that it is just a few stocks generating the increases and many of them are on a company buy-back driving the prices high. People are struggling to find a way to invest for a good return on less volatile options. Still, the stocks have done very well despite the naysayers. It is knowing when to step away.
As Cicero said, “Gratitude is not only the greatest of virtues, but the parent of all the others.”
I generally find that the less attention I pay to my investments the better they seem to perform.
Getting close to adjustment time again. I’m going to need some cash for the new house and boat. Also wondering about taxes in the future if the democratic socialist get their way.
I'd stand to benefit greatly too, anyone who has ever worried about getting healthcare outside of a generous employer, and before age 65 would benefit greatly of course, not always short term in some cases - might be some adjustment there, but in the true long run.
But no I never worry about stock fluctuations and never try to time the market, I just do balanced funds and let it ride. Because I'm not necessarily ever going to be any good at timing it anyway.
Trees don't grow on money
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