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Joined: Dec 2010
Posts: 1,397 Likes: 1
Campfire Regular
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OP
Campfire Regular
Joined: Dec 2010
Posts: 1,397 Likes: 1 |
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.
It isn't energy that kills, its holes.
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Joined: Nov 2015
Posts: 15,028 Likes: 12
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 15,028 Likes: 12 |
I looked at a Roth I started in 2020 fuqkin pathetic☹️
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Joined: May 2004
Posts: 2,819
Campfire Regular
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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
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Joined: Aug 2022
Posts: 1,313
Campfire Regular
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Campfire Regular
Joined: Aug 2022
Posts: 1,313 |
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.
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Joined: Nov 2015
Posts: 15,028 Likes: 12
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 15,028 Likes: 12 |
I looked at a Roth I started in 2020 fuqkin pathetic☹️ You need a new money manager I’m well aware
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Joined: Oct 2002
Posts: 13,479 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2002
Posts: 13,479 Likes: 3 |
I suggest when the next Bitcoin crash happens that you invest every spare dollar into it.
Dog I rescued in January
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Joined: Nov 2015
Posts: 15,028 Likes: 12
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 15,028 Likes: 12 |
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Joined: Aug 2017
Posts: 9,114 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2017
Posts: 9,114 Likes: 7 |
You are historically inaccurate about equities in an election year.
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Joined: May 2011
Posts: 2,207
Campfire Regular
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Campfire Regular
Joined: May 2011
Posts: 2,207 |
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.
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Joined: Sep 2006
Posts: 3,853
Campfire Tracker
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Campfire Tracker
Joined: Sep 2006
Posts: 3,853 |
What happens if we elect Trump?
I am staying in……should be interesting if nothing else……
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Joined: Nov 2015
Posts: 15,028 Likes: 12
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 15,028 Likes: 12 |
Tru that ain’t it amazing how the interest rates will fall before November 🤔
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Joined: May 2009
Posts: 1,361
Campfire Regular
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Campfire Regular
Joined: May 2009
Posts: 1,361 |
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.
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Joined: Dec 2010
Posts: 1,397 Likes: 1
Campfire Regular
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OP
Campfire Regular
Joined: Dec 2010
Posts: 1,397 Likes: 1 |
I would just put the funds in the money marker section.
It isn't energy that kills, its holes.
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Joined: Feb 2010
Posts: 15,754 Likes: 5
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 15,754 Likes: 5 |
Unless you’re going to need it soon, let it ride…
NRA Life,Endowment,Patron or Benefactor since '72.
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Joined: Jan 2013
Posts: 8,009 Likes: 19
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2013
Posts: 8,009 Likes: 19 |
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
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Joined: Dec 2009
Posts: 5,243 Likes: 6
Campfire Tracker
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Campfire Tracker
Joined: Dec 2009
Posts: 5,243 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?
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Joined: Jan 2012
Posts: 67,330 Likes: 51
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,330 Likes: 51 |
You need a fiduciary in your life.
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Joined: Jan 2002
Posts: 12,880 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 12,880 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
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Joined: Oct 2021
Posts: 10,888 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2021
Posts: 10,888 Likes: 3 |
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.
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Joined: Dec 2009
Posts: 5,243 Likes: 6
Campfire Tracker
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Campfire Tracker
Joined: Dec 2009
Posts: 5,243 Likes: 6 |
You need a fiduciary in your life. Who you talkin to Willis?
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