|
Joined: Dec 2010
Posts: 1,428 Likes: 2
Campfire Regular
|
OP
Campfire Regular
Joined: Dec 2010
Posts: 1,428 Likes: 2 |
Being an election year and expecting my 401 to crash as it does every election year. Should one get out in August or October?
I got lucky in 2020 and got out early. Then got back in around 2022.
I am inclined to bail soon but it's doing well right now.
“If more of us valued food and cheer and song above hoarded gold, it would be a merrier world.” Tolkien
|
|
|
|
Joined: Nov 2015
Posts: 15,222 Likes: 23
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2015
Posts: 15,222 Likes: 23 |
I looked at a Roth I started in 2020 fuqkin pathetic☹️
|
|
|
|
Joined: May 2004
Posts: 2,819
Campfire Regular
|
Campfire Regular
Joined: May 2004
Posts: 2,819 |
I looked at a Roth I started in 2020 fuqkin pathetic☹️ You need a new money manager
|
|
|
|
Joined: Aug 2022
Posts: 1,320 Likes: 1
Campfire Regular
|
Campfire Regular
Joined: Aug 2022
Posts: 1,320 Likes: 1 |
Things are no longer predictable.
I would say the rates are going to drop a few more times before the election and those that want to keep comatose Joe in office will prop the market up as long as they can.
It's the only thing they may have to run on.
|
|
|
|
Joined: Nov 2015
Posts: 15,222 Likes: 23
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2015
Posts: 15,222 Likes: 23 |
I looked at a Roth I started in 2020 fuqkin pathetic☹️ You need a new money manager I’m well aware
|
|
|
|
Joined: Oct 2002
Posts: 13,496 Likes: 4
Campfire Outfitter
|
Campfire Outfitter
Joined: Oct 2002
Posts: 13,496 Likes: 4 |
I suggest when the next Bitcoin crash happens that you invest every spare dollar into it.
Dog I rescued in January
|
|
|
|
Joined: Nov 2015
Posts: 15,222 Likes: 23
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2015
Posts: 15,222 Likes: 23 |
|
|
|
|
Joined: Aug 2017
Posts: 9,148 Likes: 8
Campfire Outfitter
|
Campfire Outfitter
Joined: Aug 2017
Posts: 9,148 Likes: 8 |
You are historically inaccurate about equities in an election year.
|
|
|
|
Joined: May 2011
Posts: 2,213
Campfire Regular
|
Campfire Regular
Joined: May 2011
Posts: 2,213 |
The great Ab Lincoln said that "time in the market out performs timing the market"
Laws aren't preventative measures. In other words, more laws won't prevent gun crime from happening.
|
|
|
|
Joined: Sep 2006
Posts: 3,859
Campfire Tracker
|
Campfire Tracker
Joined: Sep 2006
Posts: 3,859 |
What happens if we elect Trump?
I am staying in……should be interesting if nothing else……
|
|
|
|
Joined: Nov 2015
Posts: 15,222 Likes: 23
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2015
Posts: 15,222 Likes: 23 |
Tru that ain’t it amazing how the interest rates will fall before November 🤔
|
|
|
|
Joined: May 2009
Posts: 1,366
Campfire Regular
|
Campfire Regular
Joined: May 2009
Posts: 1,366 |
You are historically inaccurate about equities in an election year. Correct, the market has gone up in all but four of the last twenty election years.
|
|
|
|
Joined: Dec 2010
Posts: 1,428 Likes: 2
Campfire Regular
|
OP
Campfire Regular
Joined: Dec 2010
Posts: 1,428 Likes: 2 |
I would just put the funds in the money marker section.
“If more of us valued food and cheer and song above hoarded gold, it would be a merrier world.” Tolkien
|
|
|
|
Joined: Feb 2010
Posts: 15,793 Likes: 7
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 15,793 Likes: 7 |
Unless you’re going to need it soon, let it ride…
NRA Life,Endowment,Patron or Benefactor since '72.
|
|
|
|
Joined: Jan 2013
Posts: 8,068 Likes: 28
Campfire Outfitter
|
Campfire Outfitter
Joined: Jan 2013
Posts: 8,068 Likes: 28 |
Unless you’re going to need it soon, let it ride… This ^ Markets been correcting for years.
Roy
What this world needs is a few more Rednecks.
The Dildō Of Consequence Rarely Arrives Lubed
Waterboarding isn't illegal if you use diesel
|
|
|
|
Joined: Dec 2009
Posts: 5,249 Likes: 6
Campfire Tracker
|
Campfire Tracker
Joined: Dec 2009
Posts: 5,249 Likes: 6 |
So let me get this straight…
You divest when the market is down, or when you perceive it is about to drop, and then you start investing again after it’s going back up?
|
|
|
|
Joined: Jan 2012
Posts: 67,437 Likes: 62
Campfire Kahuna
|
Campfire Kahuna
Joined: Jan 2012
Posts: 67,437 Likes: 62 |
You need a fiduciary in your life.
|
|
|
|
Joined: Jan 2002
Posts: 12,889 Likes: 5
Campfire Outfitter
|
Campfire Outfitter
Joined: Jan 2002
Posts: 12,889 Likes: 5 |
Tru that ain’t it amazing how the interest rates will fall before November 🤔 The way the inflation, wage and labor data keeps coming in, you might just have to wait quite a while before the Fed starts dropping rates.
Sic Semper Tyrannis
|
|
|
|
Joined: Oct 2021
Posts: 10,937 Likes: 4
Campfire Outfitter
|
Campfire Outfitter
Joined: Oct 2021
Posts: 10,937 Likes: 4 |
Tru that ain’t it amazing how the interest rates will fall before November 🤔 The way the inflation, wage and labor data keeps coming in, you might just have to wait quite a while before the Fed starts dropping rates. Yep. Wednesday’s March meeting will be interesting.
|
|
|
|
Joined: Dec 2009
Posts: 5,249 Likes: 6
Campfire Tracker
|
Campfire Tracker
Joined: Dec 2009
Posts: 5,249 Likes: 6 |
You need a fiduciary in your life. Who you talkin to Willis?
|
|
|
|
536 members (1badf350, 10ring1, 1minute, 10gaugemag, 1lessdog, 06hunter59, 52 invisible),
2,448
guests, and
1,184
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,193,781
Posts18,515,729
Members74,017
|
Most Online11,491 Jul 7th, 2023
|
|
|
|