Quote:
Originally Posted by wdmso
But if you planned on retiring this year and you rode the Trump wave , and kept everything in hi risk , your ass is bleeding .. I am all in bonds happy with 5% return
And I still took a 1500 hit ... and another 3k I owe the Government so much for the tax break
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if you need the money this year and its in stocks, you took a hit because you were stupid. but you still
have a lot more cash than you had on his first day.
if you’re retiring this year and things are so tight that a 10 percent drop screws you, then obviously you don’t keep that money in stocks.
if you’re a few years out, and still contributing, these dips are a godsend. that is a mathematical fact, and no degree of Trump hatred can refute it.
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