Posted by coshoo on January 01, 2018 at 06:44:47 from (65.101.148.136):
In Reply to: Re: Investments 2017 posted by showcrop on January 01, 2018 at 04:18:57:
I transferred my IRAs into money market when Dow Jones was about 18,000, anticipating a bubble burst. Hasn't happened, and as my 35 year old financial advisor reminds me, I missed out on a good increase. But I have enough money for a good retirement (I'm 69) now, but won't if I lose half of it in an adjustment. So I'm fine with it.
Wife and I put a lot into our retirement accounts over the past years. She doesn't keep up with the financial markets. So when advisor was trying to talk me out of converting to cash a couple years ago, I told him he would have to be the one to tell her (if crash happened) that we had just lost all the money she had put in for the past 2 years. Long silence on the other end- then "OK, I'll make that conversion first thing in the morning."
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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
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