Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

PoindexterOglethorpe

(25,809 posts)

5. By getting out then you missed

Reply to KentuckyWoman (Reply #2)

Mon Dec 10, 2018, 12:35 PM

Dec 2018

a significant rise in stocks. Even with this recent drop, the Dow is still about 7,000 points above what it was when Trump was inaugurated. Shifting to different kinds of investments, such as dividend paying ones, would be a better strategy.

As someone else has posted, the Dow will post new highs, but it never posts new lows. Yeah, it goes up, it goes down and in the long run it goes up, averaging out at 10% per year.

Edit history

Please sign in to view edit histories.

12 replies

= new reply since forum marked as read

Highlight:

What the smart money is buying as the market tanks [View all] IronLionZion Dec 2018 OP

republicans are trashing America's economy Achilleaze Dec 2018 #1

The day Dumpster got elected I took everything out of stocks. KentuckyWoman Dec 2018 #2

At your age it's not silly at all, it's smart and the right thing to do. Merlot Dec 2018 #3

We mostly got out too. And BOY am I glad we did! nolabear Dec 2018 #4

By getting out then you missed PoindexterOglethorpe Dec 2018 #5

I've been in the market for 40+ years KentuckyWoman Dec 2018 #7

I likewise have been in the market some 40 years, PoindexterOglethorpe Dec 2018 #8

The FED is raising rates so a savings account is a great place to keep your money IronLionZion Dec 2018 #6

We too got mostly out and glad of it. marybourg Dec 2018 #9

Uh...when stocks go down is the perfect time to buy them. cbdo2007 Dec 2018 #10

Older people would have a shorter timeline for that IronLionZion Dec 2018 #11

True, if you need ALL of your retirement money in the next 2 years... cbdo2007 Dec 2018 #12