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Back in September moved to 100% capital preservation in 401K

 
BRIEF

User ID: 79662918
United States
09/15/2021 11:00 AM

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Re: Back in September moved to 100% capital preservation in 401K
...


Each share you own is your piece of the company you are invested in, by investing in the whole of the economy, there's zero chance they will go to zero...

The stock market is over 500 years old and has never actually crashed...People call the sudden dips a crash, but that's not a true statement...Panic and emotion are unpredictable, but a company that makes money will never go to zip...
 Quoting: BRIEF


Say what?
 Quoting: overwatch


THE STOCK MARKET IS WELL OVER 500 YEARS OLD

Get it now?
 Quoting: BRIEF

when you say "the" Im read that as the one in this country.
 Quoting: overwatch


THE stock market has never been just one country...If wall street got nuked, the stock market would remain...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
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09/15/2021 11:01 AM
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Re: Back in September moved to 100% capital preservation in 401K
When the Dollar i$ revalued like they did the Mexican Peso back in 94', they did it overnight and next day Commerce continued as usual and everything doubled in price. I believe this is happening now to the US Dollar through inflation, I pulled my money last Dec. and payed the penalties (high), bought land with it and almost at a break even point now with the current real estate boom, I don't have an answer for a very complicated subject, but in 2008 I lost 40% in 401k value, I'm just not comfortable with cash and Investment Funds, scared actually, each his own, choose wisely and don't be desperate.
BRIEF

User ID: 79662918
United States
09/15/2021 11:01 AM

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Re: Back in September moved to 100% capital preservation in 401K
That’s great your 401k will be a 101k before you realize it .

dynamite
 Quoting: Anonymous Coward 73084087


Thank God for 401-3 B and IRA's then...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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09/15/2021 11:03 AM
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Re: Back in September moved to 100% capital preservation in 401K
The stock market is the cause of much evil and depends on wages being as close to slave like wages as possible, immigration globalism, negative interference by foreign entities, war,
etc.
 Quoting: Anonymous Coward 80811345


The economy is rigged to benefit large corporations stealing productivity and gains from the participants. The markets are just selling that corruption.

If you're invested in the markets you've invested in the same thing that's strangling and killing the real economy where people work for a living.
Anonymous Coward
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09/15/2021 11:04 AM
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Re: Back in September moved to 100% capital preservation in 401K
That’s great your 401k will be a 101k before you realize it .

dynamite
 Quoting: Anonymous Coward 73084087


Thank God for 401-3 B and IRA's then...
 Quoting: BRIEF


You can tell who invests in bitcoin and lottery tickets.
Anonymous Coward
User ID: 80686603
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09/15/2021 11:05 AM
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Re: Back in September moved to 100% capital preservation in 401K
I did research yesterday and came to the same conclusion. This is a great confirmation.
Anonymous Coward
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09/15/2021 11:06 AM
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Re: Back in September moved to 100% capital preservation in 401K
The stock market is the cause of much evil and depends on wages being as close to slave like wages as possible, immigration globalism, negative interference by foreign entities, war,
etc.
 Quoting: Anonymous Coward 80811345


The economy is rigged to benefit large corporations stealing productivity and gains from the participants. The markets are just selling that corruption.

If you're invested in the markets you've invested in the same thing that's strangling and killing the real economy where people work for a living.
 Quoting: Anonymous Coward 80562797


So if we buy some of the evil corporations, we get the benefit of their greed.

Interesting, isn't it?
Anonymous Coward
User ID: 72880720
United States
09/15/2021 11:07 AM
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Re: Back in September moved to 100% capital preservation in 401K
You don't own your investments- check out ceded and company
Anonymous Coward
User ID: 57854626
United States
09/15/2021 11:09 AM
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Re: Back in September moved to 100% capital preservation in 401K
You don't own your investments- check out ceded and company
 Quoting: Anonymous Coward 72880720


Anything I can sell, by definition, I own it.
Anonymous Coward
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09/15/2021 11:11 AM
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Re: Back in September moved to 100% capital preservation in 401K
You need to spend every dime on food, water and supplies before your millions lose value and become hundreds
 Quoting: Anonymous Coward 79300419


History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains...
 Quoting: BRIEF


This is true in recent history. But another 1929 type event would take a really long time to recover from. It took 25 years for the market to recover from the 1929 crash. That is much longer than most people saving for retirement could wait.
 Quoting: LoneStarRising


A lot of things have changed to prevent a '29 scenario from reoccurring...We had a 20% drop last year and I didn't even blink...We ended the year up 45% in the NASDAQ and personally I made 37%...
 Quoting: BRIEF


What about 2008 when it dropped 75%?
Anonymous Coward swamprat
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09/15/2021 11:12 AM
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Re: Back in September moved to 100% capital preservation in 401K
Thank you for the financial advice, Brief.
Anonymous Coward
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09/15/2021 11:12 AM
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Re: Back in September moved to 100% capital preservation in 401K
Not the right time. The time will come. Rushing will result in missing the gains made from the blow off top.
Anonymous Coward
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09/15/2021 11:17 AM
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Re: Back in September moved to 100% capital preservation in 401K
^^^^^^^^^^^^^^

My lead tipped projectiles are belong to me.

My iron implements of acceleration are belong to me.

I don’t understand your train of thought.

Retire early and retire often.

Invest in dirt it is to become very precious it’s not really being made anymore.
Anonymous Coward
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09/15/2021 11:17 AM
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Re: Back in September moved to 100% capital preservation in 401K
Timing feels right.
But generally my timing has been shit.
All future contributions to SP index.
 Quoting: CharlieFoxtrot


Did the same here just a couple days ago.

Lots of indicators lining up.
Anonymous Coward
User ID: 80775892
United States
09/15/2021 11:19 AM
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Re: Back in September moved to 100% capital preservation in 401K
lots of people lost everything in 1929.

groucho marx never recovered, for example.

people who are on winning streaks, in a casino, think they
are bullet proof sometimes. don't say losing everything
is impossible.
BRIEF

User ID: 79662918
United States
09/15/2021 11:21 AM

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Re: Back in September moved to 100% capital preservation in 401K
...


History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains...
 Quoting: BRIEF


This is true in recent history. But another 1929 type event would take a really long time to recover from. It took 25 years for the market to recover from the 1929 crash. That is much longer than most people saving for retirement could wait.
 Quoting: LoneStarRising


A lot of things have changed to prevent a '29 scenario from reoccurring...We had a 20% drop last year and I didn't even blink...We ended the year up 45% in the NASDAQ and personally I made 37%...
 Quoting: BRIEF


What about 2008 when it dropped 75%?
 Quoting: Anonymous Coward 67904014


LOL Did it? I didn't notice...I was too busy buying...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 79662918
United States
09/15/2021 11:22 AM

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Re: Back in September moved to 100% capital preservation in 401K
Thank you for the financial advice, Brief.
 Quoting: Anonymous Coward swamprat 57854626


hf

I will never steer you wrong...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 80066512
United States
09/15/2021 11:23 AM
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Re: Back in September moved to 100% capital preservation in 401K
I'm doing the opposite.

This market in the medium term is going parabolic.

We might dip first, sure.

But that is par for the course.
BRIEF

User ID: 79662918
United States
09/15/2021 11:24 AM

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Re: Back in September moved to 100% capital preservation in 401K
If you cannot pay rent, you do not belong in the market...Lets be very clear, you must have an income that exceeds your needs, if you don't then I recommend learning a valuable trade or skill...Wealth cannot be built from nothing...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 79662918
United States
09/15/2021 11:25 AM

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Re: Back in September moved to 100% capital preservation in 401K
I'm doing the opposite.

This market in the medium term is going parabolic.

We might dip first, sure.

But that is par for the course.
 Quoting: Anonymous Coward 80066512


Hockey stick graphs are unnatural, they look better when there's movement down as well as up...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 72880720
United States
09/15/2021 11:28 AM
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Re: Back in September moved to 100% capital preservation in 401K
Cede and company owns your investements
Anonymous Coward
User ID: 75717867
Sweden
09/15/2021 11:32 AM
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Re: Back in September moved to 100% capital preservation in 401K
This thread is pretty instructive, when it comes to seeing a certain psychological mechanism in action.

Back in 1913, the Fed was created.

That was the beginning of the theft of the world. By securing the right to print money, the thieves could go on to simply "buy" the planet.

It was slow going at first, because the system, while fraudulent, still had some restraints built-in.

When Nixon killed the ability to exchange dollars for gold in 1971, most of the restraints were lifted, and the grand theft accelerated.

Ever since then, we have been living in a declining economy, simply because the thefts were so grand in scale even the most productive economies in the world could scarcely bear it.

And then in 2020, Trump lifted the remaining restraint, allowing the Fed to print unlimited amounts of money AND BUY DIRECTLY IN THE MARKETS, administered by Blackrock.

That was the killshot. The final executioner's blow to our economy and financial system.

After this, the theft accelerated exponentially. It is now in the last stages, where anything still in the hands of the people is about to be swallowed up by the relentless flood of fiat dollars.

But I was going to talk about psychology!

While all this was going on, a lot of normal people were benefiting from the fraudulent system and taking a small part of the ongoing plunder. And this was institutionalized for generations, and made into the "normal".

Ordinary people bought a house, then sold it at great profit later, and retired wealthy. The price appreciation was of course not because houses get worth more the older they get. All things naturally LOSE value!

But the relentless money printing made everything go up in value, while erasing debts. So those who borrowed to buy a house never actually paid for it. And then they sold it and made a profit.

This was simply part of the looting going on. The elites allowed ordinary people to take part of it and benefit a little, because it was necessary for them, so they could benefit a thousand times more.

The torrential rain of freshly printed wealth was showering the elites, and a little splashed on the middle class. The poor were the ones paying.

And the same was true with all forms of paper assets, and lately crypto currencies: they all go up up up, with no end in sight, for the sole reason so much new money is being printed into existence and used to buy up things of real value.

Here enters the psychology. The middle-class people who benefited from the elite's thieving scheme thought they were SMART and SAVVY when they did a passive "investment" in something and it went up afterwards.

They got an ego boost from it.

Brief is a good example. He was allowed to make a few dollars in the markets, as a minor side effect of the massive looting of the world perpetrated by the elites. And now he thinks he's a bigshot for it.

He is unwilling to part with this delusion. He thinks he is a super smart investor, and feels superior to the poor schmucks who don't have the "wisdom" to sprinkle their money randomly all over the market to see it grow. Sorry, I mean "make a diversified investment".
Anonymous Coward
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United States
09/15/2021 11:32 AM
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Re: Back in September moved to 100% capital preservation in 401K
You got to know when to hodl, know when to fodl, know when to sodl, know when run...
Anonymous Coward
User ID: 78965751
United States
09/15/2021 11:33 AM
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Re: Back in September moved to 100% capital preservation in 401K
what don't you people understand about CORPORATE TAKE OVER ?

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 ...
 Quoting: Shadow Dance


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...
 Quoting: BRIEF


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?
 Quoting: The Lazy Monk


There is no great reset...There will be no reset, it's a fantasy...
 Quoting: BRIEF


yeah brief is right !!!!!

Thread: Here is why they are goign to start tracking transactions over 600.00: Corporate tax rate to be higher than China
Anonymous Coward
User ID: 73084087
United States
09/15/2021 11:33 AM
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Re: Back in September moved to 100% capital preservation in 401K
That’s great your 401k will be a 101k before you realize it .

dynamite
 Quoting: Anonymous Coward 73084087


Thank God for 401-3 B and IRA's then...
 Quoting: BRIEF


You can tell who invests in bitcoin and lottery tickets.
 Quoting: Anonymous Coward 57854626


Real estate. Gold , silver, Food , guns.
Anonymous Coward
User ID: 78965751
United States
09/15/2021 11:34 AM
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Re: Back in September moved to 100% capital preservation in 401K
There is no great reset...There will be no reset, it's a fantasy...
 Quoting: BRIEF


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.
 Quoting: The Lazy Monk


Great post! Yes, normalcy bias is what will paralyze the masses until it’s too late.
 Quoting: Anonymous Coward 73324072


clappahesright


except you forgot apathy and complacency
Your Huckleberry

User ID: 80875199
United States
09/15/2021 11:37 AM
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Re: Back in September moved to 100% capital preservation in 401K
This thread is pretty instructive, when it comes to seeing a certain psychological mechanism in action.

Back in 1913, the Fed was created.

That was the beginning of the theft of the world. By securing the right to print money, the thieves could go on to simply "buy" the planet.

It was slow going at first, because the system, while fraudulent, still had some restraints built-in.

When Nixon killed the ability to exchange dollars for gold in 1971, most of the restraints were lifted, and the grand theft accelerated.

Ever since then, we have been living in a declining economy, simply because the thefts were so grand in scale even the most productive economies in the world could scarcely bear it.

And then in 2020, Trump lifted the remaining restraint, allowing the Fed to print unlimited amounts of money AND BUY DIRECTLY IN THE MARKETS, administered by Blackrock.

That was the killshot. The final executioner's blow to our economy and financial system.

After this, the theft accelerated exponentially. It is now in the last stages, where anything still in the hands of the people is about to be swallowed up by the relentless flood of fiat dollars.

But I was going to talk about psychology!

While all this was going on, a lot of normal people were benefiting from the fraudulent system and taking a small part of the ongoing plunder. And this was institutionalized for generations, and made into the "normal".

Ordinary people bought a house, then sold it at great profit later, and retired wealthy. The price appreciation was of course not because houses get worth more the older they get. All things naturally LOSE value!

But the relentless money printing made everything go up in value, while erasing debts. So those who borrowed to buy a house never actually paid for it. And then they sold it and made a profit.

This was simply part of the looting going on. The elites allowed ordinary people to take part of it and benefit a little, because it was necessary for them, so they could benefit a thousand times more.

The torrential rain of freshly printed wealth was showering the elites, and a little splashed on the middle class. The poor were the ones paying.

And the same was true with all forms of paper assets, and lately crypto currencies: they all go up up up, with no end in sight, for the sole reason so much new money is being printed into existence and used to buy up things of real value.

Here enters the psychology. The middle-class people who benefited from the elite's thieving scheme thought they were SMART and SAVVY when they did a passive "investment" in something and it went up afterwards.

They got an ego boost from it.

Brief is a good example. He was allowed to make a few dollars in the markets, as a minor side effect of the massive looting of the world perpetrated by the elites. And now he thinks he's a bigshot for it.

He is unwilling to part with this delusion. He thinks he is a super smart investor, and feels superior to the poor schmucks who don't have the "wisdom" to sprinkle their money randomly all over the market to see it grow. Sorry, I mean "make a diversified investment".
 Quoting: The Lazy Monk


So you are saying Brief is an elite wannabee?

An unwitting accomplice to Grand Theft Economy?

About to inherit a pile of cash so large that it can only buy a few loaves of bread?
Your Huckleberry
Anonymous Coward
User ID: 80638704
United States
09/15/2021 11:41 AM
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Re: Back in September moved to 100% capital preservation in 401K
Timing feels right.
But generally my timing has been shit.
All future contributions to SP index.
 Quoting: CharlieFoxtrot


You can never time the market. But I think that is a good idea
 Quoting: TheDeadFerret


Right! You can't time the market! But you recommend trying anyway? LOL
 Quoting: BRIEF


I think what was meant was you can never catch the timing exactly, except by sheer luck... you will invariably be a little early or a little late. That doesn't mean you shouldn't observe trends and indicators, and adapt your strategy accordingly. If your strategy is just throwing money at the same investment vehicle every paycheck, blindly... you'll miss a lot of opportunities and suffer a lot of losses, than if you adopted a more observant and engaged approach.

Did you observe the Saudi-Russia military alliance? That undercuts the petrodollars as the world reserve currency.

Notice all the stimulus packages ending? As well as extended unemployment? When those dollars are gone, consumer spending and business volume will drop.

Is there going to be another wave of lockdowns? Go ask Australia.

Political upheaval, international tensions? "Signs point to yes".

These are all possible geo-political factors that one would be well-advised to turn a blind eye to, as well as historical economic indicators.

With automated computer trades, when a major shift in direction happens, it can happen fast. Are you faster than a Wall Street computer, or would you rather be safe, preserve gains now, and risk being a few days or weeks early? "You can't time the market" but you can make estimates based on caution and good judgment, and act accordingly.
Visitor
User ID: 78037273
United States
09/15/2021 11:44 AM
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Re: Back in September moved to 100% capital preservation in 401K
Switzerland and Monaco do not get a free pass in World War 3.

Just saying.
telling it straight

User ID: 18374476
United States
09/15/2021 11:47 AM

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Re: Back in September moved to 100% capital preservation in 401K
Timing feels right.
But generally my timing has been shit.
All future contributions to SP index.
 Quoting: CharlieFoxtrot


Good defensive move since you’re concerned about things. But if you research past collapses, you’ll find that they are proceeded normally by a parabolic rise in the market. So market goes sky high (way more than now—manic buying) before it crashes and it may be wise to consider having more market exposure to catch some of that. Especially if we’re going to hyperinflation the market will stay strong relative to the dollar in the early phases.





GLP