03-26-2020, 03:25 PM
(03-26-2020, 03:22 PM)kblake Wrote: I went 100% cash at the end of the day. I don't know if and when I will get back in. But its a joke the market is even up that big the last 3 days. Which Is why After 30 years i have decided I had enough. The money I made will be going to properties and paying for my kid college. My wife and I decided its the right time to get out and put that money to go use rather then have it dwindle over the next several months or even years. I cant complain. After this rally I actually ended on the plus side for the year lol
What gets me is people are losing their lives and jobs and this government just keeps pumping money in to the market to save it, and save Trump's face. Its a disgrace that this is what it has come to. How long do they think this stimulus package will last? its enough maybe for 2-3 weeks and then were back to where we started. And I'm not playing that game. I have 3 daughters going off to college this year and next. I'm fine with getting out because it will let me sleep and night and be able to take care of my family.
I will probably keep half of the money in a 2 year CD until my oldest starts college at Purdue.
Best of luck all and stay safe.
Totally respect your line of thinking and decision, mate. Best of luck!