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PoindexterOglethorpe

(25,817 posts)

8. I likewise have been in the market some 40 years,

Reply to KentuckyWoman (Reply #7)

Mon Dec 10, 2018, 12:45 PM

Dec 2018

and I'm 70. It is good that you have no regrets about getting out.

Several years ago my financial guy got me to buy two different annuities, and I have just last week filled out the paperwork to start collecting from them. That is giving me vast peace of mind right now. Meanwhile, I still have money in the market that I don't really have to touch if I don't want to.

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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