Stock Market/Investing/Fin Planning Catch-All

  • Thread starter Thread starter heelslegup
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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.
 
An interesting aspect to the market turmoil is bitcoin holding steady over the past few days. I have a small amount of Bitcoin but do hold some MicroStrategy as my exposure to crypto.
 
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