Was waiting for this to happen, actually thought it would happen a little later on this year. Looks like we are in for another buttf*cking for about a year and a half.
Market Remembered
- Thread starter nardibynature123
- Start date
I am going to stay in. Not looking to take any money out over the next couple of years anyways.
Does this mean that there is soon to be a thread titled "Fed raising the interest rates in 2015 remembered"?
Agreed -- I thought anything real bad wouldn't happen until after Labor Day, when everyone back in their offices from vacations, taking kids back to school, etc.
Love the people that think "getting out" is a good option if you earn a high salary already and are sitting on a lot of gains, especially with new Obama "F the rich" investment taxes. Who wants to pay the taxes, would rather let it ride. On the other hand, if it's a loss position... lots of people finding stuff they bought in the last year or so in the red, no holding back now, sell.
Love the people that think "getting out" is a good option if you earn a high salary already and are sitting on a lot of gains, especially with new Obama "F the rich" investment taxes. Who wants to pay the taxes, would rather let it ride. On the other hand, if it's a loss position... lots of people finding stuff they bought in the last year or so in the red, no holding back now, sell.
I have girls in the office who work in advertising trying to talk about how they know the market. One of the most annoying things ever.
Happy to say that, with my tjc-like intuition, I moved my 529 funds for my oldest daughter to the money market option about a month ago. Might be time to start thinking about jumping back in?
December rather than September remains the most likely date. The real question is large a move they make over the next couple of years.
Just talked to the landscape Mexicans.........they are not worried. Pesos are stable........
