Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:02 am
There is some talk about a market decline if the debt ceiling is not lifted. What will you do?
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Know when to hold'em and know when to fold'em
https://www.championshipsubdivision.com/forums/viewtopic.php?f=10&t=25056
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Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:06 am
I got out of the market May 25th 2011.
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:14 am
Ride it out. I got time on my side. If it goes down the funds I buy every month are cheaper so I buy more with my money.
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:14 am
I'm staying in - I stayed in during the pullback in '08 looking at it as a buying opportunity and the same opportunity will exist if we get a drop due to debt default.
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:18 am
pee in butt
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:21 am
Stay in and don't "trade the market."
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:24 am
Buy more, dummies.
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:31 am
Ibanez wrote:pee in butt
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:33 am
What?andy7171 wrote:Ibanez wrote:pee in butt
Re: Know when to hold'em and know when to fold'em
Posted: Fri Jul 29, 2011 11:38 am
Stay in but for god sakes - invest in Chinese stocks & the yuan.
If you want a good investment choice - short both the dollar & the euro right now.
If you want a good investment choice - short both the dollar & the euro right now.
Re: Know when to hold'em and know when to fold'em
Posted: Sat Jul 30, 2011 11:33 am
This. Well I only have whatever is in my Roth IRA so there isn't much I could or would do. Maybe switch to one of the more aggressive models if the market falls significantly. I won't see any of this money for another 30 years so these dips and rises aren't much in the long run. I'm sure I'd have a much different attitude and be more concerned if I was nearing retirement age.HI54UNI wrote:Ride it out. I got time on my side. If it goes down the funds I buy every month are cheaper so I by more with my money.