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Author Topic: Stock Market Sell Off?  (Read 886 times)

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okie smokie

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Re: Stock Market Sell Off?
« Reply #15 on: August 23, 2019, 09:04:08 PM »

And that is what folks who get scared and flee don't pay attention too...and tell me any place I can put my money, it be safe and make more then 2%?



...but markets are up 10%+ since then even with big drops along the way.
Not even the 10 year fed bonds will get you 2%. Perhaps cash is the best until the election is over (I would wait a month or two after before re-investing). BWTHDIK?
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Bentley

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Re: Stock Market Sell Off?
« Reply #16 on: August 23, 2019, 09:10:51 PM »

Right now, other then the market, there is no vehicles for investment, outside of commodities and real estate, where you can make a return that will even beat inflation.  I am staying in the Market...I have tried to time it 3 times since 1991 and i got burnt all 3 times!
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Bar-B-Lew

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Re: Stock Market Sell Off?
« Reply #17 on: August 24, 2019, 12:05:40 AM »

And that is what folks who get scared and flee don't pay attention too...and tell me any place I can put my money, it be safe and make more then 2%?



...but markets are up 10%+ since then even with big drops along the way.

Well, if you would have got in it about 3-6 months ago, the tax free Vanguard bond fund is making more than 2%.  Its bonds are at 3%-4% return and because interest rates are dropping its price is increasing.  I put some money in it instead of in the 2%+ money market a few months ago.  Been happy with the return but wished I would have done it in January when the fund was priced a little lower.  Should be a nice gain as interest rates drop as speculated.

All of this has been due to my reading several articles a day on my Google feed which continues to feed me more as I read more.  Not saying Google is right for everyone as I know there are haters out there that think this is the reincarnation of the novel 1984, but it feeds me +/- articles on things that interest me to help me see both sides of the coin.
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