|
Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,771
|
Quote:
Originally Posted by Chocaholic
With the S&P setting new highs and the Dow well north of 26k, we have a possible skirmish with Iran on the radar...over the last few days I’ve been moving some shekels out of stocks and into money market (cash).
Anyone else getting jitters or are things still rosy on the horizon? I think I know what Tabs will say...  |
Your age is a big factor in this. At 30, one can ride out a long downturn...at 70, not so much.
How long does a downturn last? Not long if you don't need the money. Too long if you do.
__________________
"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
|