Back in September moved to 100% capital preservation in 401K | |
Anonymous Coward User ID: 77569219 United States 09/15/2021 10:14 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80865321 09/15/2021 10:15 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 09/15/2021 10:15 AM Report Abusive Post Report Copyright Violation | You have 2 options. Keep the money in or cash out and buy TP, coffee, rubbing alcohol, etc. If the shtf, cash would be worthless. So bet long or bet doom. Quoting: Anonymous Coward 77569219 If you are full of shit, I suppose you should invest in toilet paper...I'm going/staying long term... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Gray Man
User ID: 80874341 United States 09/15/2021 10:16 AM Report Abusive Post Report Copyright Violation | what don't you people understand about CORPORATE TAKE OVER ? Quoting: Shadow Dance and you are going to continue to support BIG CORP ? it is big corp MANDATING mask and vax restrictions - advocating Lock Downs ... You really believe that BANKERS aren't financing this Coop? put your money in PMs ... when the banks close their doors, you will still have your wealth ... I sold my small business just before the plandemic, in 2018 and threw it in the market with the rest...Small businesses are getting crushed and I did not want to be a victim...yes I invest in the big guys, and some of the smaller ones too...A man cannot physically work hard for 40 years, you must have a retirement plan...I was done after 26, and don't regret a second of it... Seriously Brief, they are just about to END THE CURRENT FINANCIAL SYSTEM. The rules you are accustomed to playing by won't exist anymore. The "market" won't exist in the form it does now. The entire idea of the "great reset" is to steal all assets from the people and transfer them to the criminal elites. And you think they will leave your paper gains untouched? There is no great reset...There will be no reset, it's a fantasy... Normalcy Bias is strong in this one. Last Edited by Gray Man on 09/15/2021 10:17 AM My friends call me Bob. |
BRIEF
User ID: 79662918 United States 09/15/2021 10:16 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 09/15/2021 10:17 AM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF I sold my small business just before the plandemic, in 2018 and threw it in the market with the rest...Small businesses are getting crushed and I did not want to be a victim...yes I invest in the big guys, and some of the smaller ones too...A man cannot physically work hard for 40 years, you must have a retirement plan...I was done after 26, and don't regret a second of it... Seriously Brief, they are just about to END THE CURRENT FINANCIAL SYSTEM. The rules you are accustomed to playing by won't exist anymore. The "market" won't exist in the form it does now. The entire idea of the "great reset" is to steal all assets from the people and transfer them to the criminal elites. And you think they will leave your paper gains untouched? There is no great reset...There will be no reset, it's a fantasy... Normalcy Bias is strong in this one. The only constant is change, but I see no reason to panic... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
The Independent
User ID: 78414162 United States 09/15/2021 10:18 AM Report Abusive Post Report Copyright Violation | Good move, I did the same thing years ago. Not younger enough to take a hit. Moved all funds to a money market. If the market corrects to fair value then I'm moving into high yield dividend payers like T, MO, SUN, DX just to name a few. Last Edited by The Independent on 09/15/2021 10:27 AM |
CharlieFoxtrot
(OP) User ID: 2372828 United States 09/15/2021 10:19 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. An SP index wont do much for capital preservation if the market crashes. Sweet jesus, yall spout the most ridiculous things, lmao Dollar cost averaging into crashing market not such a bad idea. Buying the index cheaper, with 99% of my funds preserved. |
Yoyo top
User ID: 77033682 United States 09/15/2021 10:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77129501 United States 09/15/2021 10:20 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77129501 United States 09/15/2021 10:22 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80857771 Germany 09/15/2021 10:22 AM Report Abusive Post Report Copyright Violation | |
besensible
User ID: 42541037 United States 09/15/2021 10:23 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77569219 United States 09/15/2021 10:24 AM Report Abusive Post Report Copyright Violation | You have 2 options. Keep the money in or cash out and buy TP, coffee, rubbing alcohol, etc. If the shtf, cash would be worthless. So bet long or bet doom. Quoting: Anonymous Coward 77569219 If you are full of shit, I suppose you should invest in toilet paper...I'm going/staying long term... Yep. It's American to be positive about our future, regardless of the present. |
TheDeadFerret
User ID: 80609841 United States 09/15/2021 10:29 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 09/15/2021 10:30 AM Report Abusive Post Report Copyright Violation | Do not fall for the panic of doing something, when doing nothing is the best course of action...I call it the do something syndrome. The law of unintended consequences exponentially increases with the urge to "doing something", in most cases... We have perfected our strategy and to deviate from it would defeat the purpose of having a plan in the first place... Never sabotage yourself... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 73324072 United States 09/15/2021 10:30 AM Report Abusive Post Report Copyright Violation | You need to preserve your capital before it can grow. 0% growth is perfectly acceptable for a while to secure your capital. Scared money does not grow... No one grows during the crash. Why do you think the whales always get out early? Then they jump back in, in the aftermath. Yeah sure you can stAy in and ride out the dip and come back up with it eventually like most of us with a 401 did, but if you could avoid the loss in the first place and then still ride the market up from a new bottom... |
LoneStarRising
Forum Moderator User ID: 72534021 United States 09/15/2021 10:30 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. An SP index wont do much for capital preservation if the market crashes. Sweet jesus, yall spout the most ridiculous things, lmao Dollar cost averaging into crashing market not such a bad idea. Buying the index cheaper, with 99% of my funds preserved. LoneStarRising |
Ready Room
User ID: 80461134 United States 09/15/2021 10:31 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 09/15/2021 10:32 AM Report Abusive Post Report Copyright Violation | Consider how much has been gained over the last few years...giving some back is not really a loss... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 78359519 United States 09/15/2021 10:33 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 09/15/2021 10:33 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. You can never time the market. But I think that is a good idea Right! You can't time the market! But you recommend trying anyway? LOL I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 75717867 Sweden 09/15/2021 10:33 AM Report Abusive Post Report Copyright Violation | That's normalcy bias speaking. Beware of normalcy bias, it can be deadly... Meanwhile, they are busy resetting the system as we speak. They shut down Western nations over a flu scare to destroy small businesses. Their markets were then gobbled up by the big players like Amazon. Then they "benevolently" allowed the freshly unemployed masses to skip paying rent for a while to ruin small independent landlords. Their real estate then goes on the market, and is promptly gobbled up by Blackrock, which has an infinite money supply line from the Fed. That's just the opening salvos. They are engineering a total theft of everything that isn't nailed down on the planet (and everything that is nailed down too, for good measure). Their plans have been revealed: * A new financial system. Money will no longer exists in the old sense. Instead we will use digital "money" that is 100 % traced, that can be made to expire if we don't use it in time, and that can be earmarked to only be used to buy "essential goods". * Abolishing all ownership of assets for the peons. "You will own nothing, and you will be happy". Said by Klaus Schwab, who was praised for his visionary leadership by Christine Lagarde, the head of BIS (bank of international settlements, also known as "the central bank of the central banks"). Unless you are part of the elites, you aren't going to be allowed to own any financial assets in the future they have planned for you. It will be made ILLEGAL for you to hold title to your stock and other financial instruments. You will be forced to "sell" it all, at a price they determine, and you will only get the useless digital money I just described for it. Not money. Just slave tokens. The old financial reality you have been living in all your life is ending. Humanity has never before seen the total abolishment of privacy and freedom. But that's what we are facing now. Normalcy bias will keep most from seeing the danger until it is too late. You still have time to use your assets to prepare for the dark days ahead, but you aren't going to do it. Because you think the future will fundamentally be the same as the past. |
hankie
Everything User ID: 80628258 United States 09/15/2021 10:33 AM Report Abusive Post Report Copyright Violation | The one who manages the fed or treasury for Biden said next month the US is broke. That when they run out of, taking the money they didn't put into retirement and medical accounts for some people. It maybe too late for anything to be done anywhere. This would be civilization if you can call want it turned in to civilization, no freedom is not civil at all, anyway Rome failed because they had Fiat money system really it is not new, they had a good long run. I began thinking what just said when he pulled up the coin from the sea, render unto Czar what is Czar and unto God want is God's, Czars picture was on the coin. What else was it about the coin, from history I found out the J-s only paid in real gold or silver coins, at one time they did have those type coin in Rome, all the gold and silver started to be used on idol making, bronze was the coins. I sure they had a bit of Gold and silver they were using as a product because it was being used as a product. The Christians could not make idols, so that stopped. How many stopped, I don't know the number of Christians back then. Here you had a work stopping and other things happening that pointed to the collapse starting at the time of Nero, and he went insane. The Roman citizens were complaining about some economic life not working, taxes and things, falling trade etc. Rome is similar to modern economics, no good, by the time Rome and other countries realized the problem, they all were hunting silver and some both silver and gold, everything hit, people were mad, down came Rome. Dark ages, it really was dark ages where the whole civilization collapsed. You have noticed in pictures that all the old building are just this, parts of buildings. Civilization collapse, Babylon, Egypt, and many others, China, the American civilization in the North and South. The climate also seem to do it thing then all at the same timing crazy, it is a lot like today. They say if you don't learn from your mistakes, you are bound to repeat them. Fiat been around since I think early 1700s, so, time is about right. Sorry I got a headache These are the times that tries men's and women's souls! May we come though it victorious! |
Anonymous Coward User ID: 78359519 United States 09/15/2021 10:34 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 57854626 United States 09/15/2021 10:34 AM Report Abusive Post Report Copyright Violation | You have 2 options. Keep the money in or cash out and buy TP, coffee, rubbing alcohol, etc. If the shtf, cash would be worthless. So bet long or bet doom. Quoting: Anonymous Coward 77569219 If you are full of shit, I suppose you should invest in toilet paper...I'm going/staying long term... Yep. It's American to be positive about our future, regardless of the present. There is a difference between experience and hope. |
Anonymous Coward User ID: 77506160 United States 09/15/2021 10:35 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. An SP index wont do much for capital preservation if the market crashes. Sweet jesus, yall spout the most ridiculous things, lmao Dollar cost averaging into crashing market not such a bad idea. Buying the index cheaper, with 99% of my funds preserved. So you moved from investing in stocks, to investing in stocks? Congratulations, that is a bold move! Brief must have been directing this Here is the GLP 'logic" on full display, lmao |
BRIEF
User ID: 79662918 United States 09/15/2021 10:35 AM Report Abusive Post Report Copyright Violation | That's normalcy bias speaking. Beware of normalcy bias, it can be deadly... Meanwhile, they are busy resetting the system as we speak. They shut down Western nations over a flu scare to destroy small businesses. Their markets were then gobbled up by the big players like Amazon. Then they "benevolently" allowed the freshly unemployed masses to skip paying rent for a while to ruin small independent landlords. Their real estate then goes on the market, and is promptly gobbled up by Blackrock, which has an infinite money supply line from the Fed. That's just the opening salvos. They are engineering a total theft of everything that isn't nailed down on the planet (and everything that is nailed down too, for good measure). Their plans have been revealed: * A new financial system. Money will no longer exists in the old sense. Instead we will use digital "money" that is 100 % traced, that can be made to expire if we don't use it in time, and that can be earmarked to only be used to buy "essential goods". * Abolishing all ownership of assets for the peons. "You will own nothing, and you will be happy". Said by Klaus Schwab, who was praised for his visionary leadership by Christine Lagarde, the head of BIS (bank of international settlements, also known as "the central bank of the central banks"). Unless you are part of the elites, you aren't going to be allowed to own any financial assets in the future they have planned for you. It will be made ILLEGAL for you to hold title to your stock and other financial instruments. You will be forced to "sell" it all, at a price they determine, and you will only get the useless digital money I just described for it. Not money. Just slave tokens. The old financial reality you have been living in all your life is ending. Humanity has never before seen the total abolishment of privacy and freedom. But that's what we are facing now. Normalcy bias will keep most from seeing the danger until it is too late. You still have time to use your assets to prepare for the dark days ahead, but you aren't going to do it. Because you think the future will fundamentally be the same as the past. What work of fiction did that come from? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 57854626 United States 09/15/2021 10:36 AM Report Abusive Post Report Copyright Violation | You need to preserve your capital before it can grow. 0% growth is perfectly acceptable for a while to secure your capital. Scared money does not grow... No one grows during the crash. Why do you think the whales always get out early? Then they jump back in, in the aftermath. Yeah sure you can stAy in and ride out the dip and come back up with it eventually like most of us with a 401 did, but if you could avoid the loss in the first place and then still ride the market up from a new bottom... Big, smart money does well in either direction. |
GT Big hair
User ID: 19353379 United States 09/15/2021 10:37 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. yep, feels a little deja vooo ish.... in '08 almost half my IRAs and 401K evaporated... oh and about 500,000 in home equity gone... so, yeah at least I got cash and pm in the safe this time... soon... GT Big hair...yep and Amen. |