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The Water Cooler
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the last time the dow was here
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<blockquote data-quote="Belthos" data-source="post: 2127613" data-attributes="member: 24944"><p>I sold all my stocks and closed my 401k and decided to pay the penalties and get out.</p><p>I put the vast majority into real estate, single family homes I bought, repaired and rent.</p><p>If you have any credit card debts now is the time to pay them off and get out from under the interest.</p><p></p><p>I'm not giving you financial advice, rental properties have their own serious risks but at least I understand the market.</p><p>In my experience, I made a lot of money in the stock market but it was mostly from buying when everyone else was selling. </p><p>Then selling when pricing were either approaching the peak or just as it fell away from it.</p><p></p><p>I personally despise the stock market. If i want to ride any more roller coasters I'll go to an amusement park.</p></blockquote><p></p>
[QUOTE="Belthos, post: 2127613, member: 24944"] I sold all my stocks and closed my 401k and decided to pay the penalties and get out. I put the vast majority into real estate, single family homes I bought, repaired and rent. If you have any credit card debts now is the time to pay them off and get out from under the interest. I'm not giving you financial advice, rental properties have their own serious risks but at least I understand the market. In my experience, I made a lot of money in the stock market but it was mostly from buying when everyone else was selling. Then selling when pricing were either approaching the peak or just as it fell away from it. I personally despise the stock market. If i want to ride any more roller coasters I'll go to an amusement park. [/QUOTE]
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