Comments (7)
sorted by:
2
grassshrimp 2 points ago +2 / -0

I'm retired and 100% in cash right now. The market has gone up in anticipation of the stimulus. I am not optimistic and believe we will see a major correction this year, we haven't recovered from the lockdown yet and I think we'll start to see inflation tick up. I'll likely just stick with bonds and equivalents this year.

1
Notallbadboy2 1 point ago +1 / -0

I don’t think so. Missing out on some gains is better than losing everything depending on How close you are to retiring. I’m moving stuff all to Bonds probably this week.

A lot of folks think that the market will be ok. Throughout 2021 but I don’t see how. We are gonna end up in a depression level event with skyrocketing interest rates and unfathomable inflation.

That’s just my viewpoint though. Since I’m a crayon eating retard you can’t take financial advice from Me.

2
deleted 2 points ago +2 / -0
2
Notallbadboy2 2 points ago +2 / -0

Depending on how close maybe take massive chunk and out in 5 hr IRA or something.

Time to talk to a real pro with your timings and amounts in mind.

2
deleted 2 points ago +2 / -0
1
Notallbadboy2 1 point ago +1 / -0

No, 4 percent is his good return: at least until the interest rates hit 10 or 12 percent :-(

1
deleted 1 point ago +1 / -0