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The Water Cooler
General Discussion
Stock Market… this isn’t good IMO
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<blockquote data-quote="CoronaBorealis" data-source="post: 3797092" data-attributes="member: 43847"><p>I don't have a lot of complex investments -- 100% SP500 index funds. I'm 40 and make it a point not to look at my balances when markets go in the red. Just keep putting money in each month, knowing I'm buying on sale every month the markets are down. Remember it's only a paper loss until you cash out. At that point you've REALLY lost money.</p><p></p><p>I have an online savings account with Discover where we're stashing money for our next house. It is "high yield", which at the time meant it paid 0.50% APY. In the last couple of months I've watched it increase to 0.6%, 0.7% and as of last night 0.80%. Sure beats the 0.10% my credit union would be paying me on a savings account.[ATTACH=full]279581[/ATTACH]</p></blockquote><p></p>
[QUOTE="CoronaBorealis, post: 3797092, member: 43847"] I don't have a lot of complex investments -- 100% SP500 index funds. I'm 40 and make it a point not to look at my balances when markets go in the red. Just keep putting money in each month, knowing I'm buying on sale every month the markets are down. Remember it's only a paper loss until you cash out. At that point you've REALLY lost money. I have an online savings account with Discover where we're stashing money for our next house. It is "high yield", which at the time meant it paid 0.50% APY. In the last couple of months I've watched it increase to 0.6%, 0.7% and as of last night 0.80%. Sure beats the 0.10% my credit union would be paying me on a savings account.[ATTACH type="full" alt="DtB2dRvXQAAzz1d.jpg"]279581[/ATTACH] [/QUOTE]
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Stock Market… this isn’t good IMO
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