Anyone moving to cash?

[wdfifteen]

Originally Posted by pwd72s

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.

+1
At 69 years old I'm about 60% in cash. I don't need the heartburn.

[VincentVega]

I always take some off the top when I think it gets frothy. Seems like the reason to invest to me. I dont see anything but volatility for the short term so back to asset allocation.

[jcommin]

Originally Posted by fintstone

Seems to me that the folks that are 60 still need to plan for another 30-40 years...and should be fully invested. Going to cash will let inflation beat you down.

I am about 50% stocks, 40% real estate with about 10% cash because I am looking for another real estate investment (down payment).

Maybe not that long but you are on the right track. I have the feeling that many will outlive their money. I'm with Seahawk- I'm managing money " I have a portfolio that matches well with my age and financial desires". Not that it is perfect, but I'm in a different spot than when I was younger.

Whatever the plan, life does get in the way. There are many unforeseen things that happen and you need to adjust. I know cuz it happened to me. Just remember, it is just money, it ani't your life!

[Rawknees'Turbo]

Originally Posted by peteremsley

… and build a bunker!

Maybe Burner will share his design with the group?!?!

[Rawknees'Turbo]

Originally Posted by peteremsley

its disguised as an 1800s mine with a gun turret. has electricity but no plumbing or ac. Original design can be found in the August 1906 copy of Modern Westward Living.

You think there might be a stash of vintage, Guns and Ammo mags in there?!

[KFC911]

Originally Posted by jcommin

Maybe not that long but you are on the right track. I have the feeling that many will outlive their money. I'm with Seahawk- I'm managing money " I have a portfolio that matches well with my age and financial desires". Not that it is perfect, but I'm in a different spot than when I was younger.

Whatever the plan, life does get in the way. There are many unforeseen things that happen and you need to adjust. I know cuz it happened to me. Just remember, it is just money, it ani't your life!

$$$...just a means to support a lifestyle imo.

I'm gifted at quantitative analysis, etc. I have a plan...but who know what curve balls life throws at you. I live within my means....don't touch "principal", for that...YMMV

I actually increase the principal as I go..a wee bit now.

I found my way....unlike any others'...no "one size fits all".... just common cents

Been on this "merry-go-round" for a while now....just "watchin' the wheels go round and round" - JL

[KFC911]

Originally Posted by Rawknees'Turbo

You think there might be a stash of vintage, Guns and Ammo mags in there?!

Do NOT touch the porn mags !

[gatotom]

When AU and AG were really in the cellar at 250.00 and 3.75, that was the time to buy, .

Dividend stocks can be the steady Freddy but nothing is caste in stone, the only thing that is caste in stone is when you are pushing up daisies.

[Rawknees'Turbo]

Originally Posted by KC911

Do NOT touch the porn mags !

Would probably need to use a putty knife, or maybe a chainsaw, to separate the stuck-together pages anyway!

[sugarwood]

Originally Posted by tabs

I had been fully invested from 96 through 18. Never wavered.
..

Compulsive liar

[sammyg2]

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...

I always keep a decent sized chunk sitting in easily accessible cash just in case, but don't really have any plans to add to it in the near future.

I've found that I'm a much better investor when I don't do anything

[KFC911]

Originally Posted by sammyg2

I always keep a decent sized chunk sitting in easily accessible cash just in case, but don't really have any plans to add to it in the near future.

I've found that I'm a much better investor when I don't do anything

I can sell CDs in any amount, at any time as I sit by. It's almost perfect these daze...doing nuthin' .

Just don't listen to idjuts on a car forum....some will cause ya to do stoooipid stuff.....ain't that right Sammy ?

......or listen to Bonds.

[sammyg2]

Originally Posted by KC911

Just don't listen to idjuts on a car forum....some will cause ya to do stoooipid stuff.....ain't that right Sammy ?

Ya mean this one?



Patience my son.

[KFC911]

Looks AWESOME compared to my 1500 shares if Enron... .that will NOT go away....I'm immume to graphs these daze too....

Kachi-itis methinks !

[74-911]

Originally Posted by wdfifteen

+1
At 69 years old I'm about 60% in cash. I don't need the heartburn.

73 YO feel the same way... I definitely sleep better.

[KFC911]

3-4% return with a very conservative mix...cash (66% mebbe) & corporate bonds....minimal, almost no risk....I'm good.

I $nore$ a lot these daze too ...enough.

[KFC911]

Originally Posted by sammyg2

Ya mean this one?


Patience my son.

Now show the chart where I patiently refused to dump that turd....if that's the turd that you MADE me buy...as I recall.

But I recovered nicely....and moved to Cash.
Couldl've done a lot worse....at least I didn't move to Ash !