Stock Market/Investing/Fin Planning Catch-All

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I sold about half of my Coca Cola stock earlier this year because I thought RFK was gonna make us healthy again. Now it’s the only one keeping my portfolio afloat lol
 
“'Now I will tell you the answer to my question. It is this. The Party seeks power entirely for its own sake. We are not interested in the good of others ; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. What pure power means you will understand presently. We are different from all the oligarchies of the past, in that we know what we are doing. All the others, even those who resembled ourselves, were- cowards and hypocrites. The German Nazis and the Russian Communists came very close to us in their methods, but they never had the courage to recognize their own motives. They pretended, perhaps they even believed, that they had seized power unwillingly and for a limited time, and that just round the corner there lay a paradise where human beings would be free and equal. We are not like that. We know that no one ever seizes power with the intention of relinquishing it. Power is not a means, it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship. The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?”
 
Duke Mu said:
I took the Equity part of my retirement portfolio and parked it in money market for now.
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A few weeks ago I moved 75% of my grandson's 529 plan to cash and have maintained 65% cash/35% stocks in my taxable and retirement portfolios.

I'm thinking about doing some bottom fishing at some point, but the market is on track for another 2-3% loss today. I'm guessing more investors will be heading for the exits going into the weekend.
 
heelinhell said:
A few weeks ago I moved 75% of my grandson's 529 plan to cash and have maintained 65% cash/35% stocks in my taxable and retirement portfolios.

I'm thinking about doing some bottom fishing at some point, but the market is on track for another 2-3% loss today. I'm guessing more investors will be heading for the exits going into the weekend.
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I have a theory that the Fox News watchers just started waking up yesterday.
 
UNCatTech said:
How? Fox removed the stock market ticker, so most are probably wondering what change on the screen. It's not like fox is going to actually report what's happening.
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There is the cohort of Fox News watchers who have a lot of money and keep an eye on the markets. Those people likely remained clueless until the markets actually started crashing.
 
On one of the prediction threads, I predicted (this was prior to Inauguration Day, iirc) that we would be buying stocks at a discount.
I want to retire in 10 - 12 years (sooner if I can swing it). I’m holding steady.
 
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