Bestoutwest
Well-known member
What's your take on how things are going to go this year? Barring WWIII, how will you invest and what do you see the market doing? Is this another rising year or will an adjustment happen?
Brute 23":29tocjgq said:My brother and I have been discussing this in length back and forth. We are literally at an all time high. I debated selling every thing and just letting the money sit in a money market. Im gambling that the market won't tank under this administration because moral is just too high.
Ive debated selling off X% a month or year right now. If any one has a recipe Im all ears?
jltrent":1vf0jcrk said:My take on the stock market is the rich are getting richer. I am not talking about owning a few piddly stocks here. All the extra money the companies have/gets go to the investors (rich) instead of the workers getting pensions, pay raises, bonuses. Workers just don't get paid for their hard work anymore. When these hard workers are all broke down in their latter years who will take care of them as they sure want have nothing to fall back on, maybe a joke defined 401k.
5 stars on recommending Vanguard.bird dog":1phhuvm4 said:Open an account at Vanguard and look into their life strategy funds. Very low costs and you can take as much risk as you want. I like the moderate growth one for my stage in this life. Put the money there and leave it alone.
https://investor.vanguard.com/mutual-fu ... trategy/#/
Yes, that's a very good point. I expect better than bonds and long term worst than the stock market.Hunter":6uptv64k said:One thing to think about in regards to R.E.I.T's is how good will they perform in a rising rate environment.
Son of Butch":2o78ws95 said:Yes, that's a very good point. I expect better than bonds and long term worst than the stock market.Hunter":2o78ws95 said:One thing to think about in regards to R.E.I.T's is how good will they perform in a rising rate environment.
I view the R.E.I.T. fund as a short term investment haven as a place that will lose less during a market correction
because it did not take part in the big stock market run up, in my opinion it will not get beaten down as badly.
But R.E.I.T. is not where I want to be long term.