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The Water Cooler
General Discussion
Thoughts on 'the market' and retirement fund, election, etc.?
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<blockquote data-quote="okcBob" data-source="post: 3401414" data-attributes="member: 45783"><p>A lot of it depends on your age. I’m mid 60’s so need to be more conservative with the market-Less then 50% stocks in the portfolio. I think as long as the Fed keeps rates near zero, you have no where else to go other than the market. If we get a vaccine soon, the market will prob take off. So I might sell all stocks & convert to cash & bonds after it jumps, & hold till it eventually crashes. Buy low & sell high, however it’s impossible to time the market. Safe play for my age group. If I was 30 again, I’d still be in 100% stocks.</p></blockquote><p></p>
[QUOTE="okcBob, post: 3401414, member: 45783"] A lot of it depends on your age. I’m mid 60’s so need to be more conservative with the market-Less then 50% stocks in the portfolio. I think as long as the Fed keeps rates near zero, you have no where else to go other than the market. If we get a vaccine soon, the market will prob take off. So I might sell all stocks & convert to cash & bonds after it jumps, & hold till it eventually crashes. Buy low & sell high, however it’s impossible to time the market. Safe play for my age group. If I was 30 again, I’d still be in 100% stocks. [/QUOTE]
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The Water Cooler
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Thoughts on 'the market' and retirement fund, election, etc.?
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