Spoke with my financial advisor (republican) last week. "Recession is coming."

[Irishxs]

[RandySF]

1. Kind of like saying death is coming

Both are inevitable.

[uponit7771]

13. +1,

[procon]

2. Uh-oh, Trump will want to build another wall... nt

[MontanaMama]

3. I was about ready to pull the pin a month ago

on some stocks I had in a riskier fund but didn’t because I hadn’t quite gained back what I lost at the end of 2018. I was almost back where I started and then lost a bunch last month. I may have to write it off and save what I have left in that fund and get that money in a safer place.

[Generic Brad]

4. So did mine

I have moved my spare cash into high yield indexed annuities. I don't ever expect to get rich, but I sure as hell don't want to wind up poor.

[edhopper]

5. is it bringing

the White Walkers?

We need dragons.

[LiberalFighter]

6. Both my accounts was lowest on Dec 24 in past year.

[customerserviceguy]

7. I stay out of the casino

my IRA is in money market funds. For a brief time in early 2018, I had them in one of those so-called "balanced" funds that are targeted to a retirement date of 2020. The damned thing lost a thousand bucks before I pulled the plug on it. Yes, it went back up again, but for how long?

I just don't need the anxiety of it.

[USALiberal]

9. My 2020 fund averaged 8% last 8 years! Nt

[customerserviceguy]

10. Good for you

Hopefully you know when to jump out of it, or just get lucky.

[USALiberal]

15. I don't jump out. Markets go up and down. Bonds cover my down times. Nt

[customerserviceguy]

17. Glad you've been lucky

It doesn't work for me.

[USALiberal]

19. Predicting the market is risky IMO. Nt

[USALiberal]

8. And it means nothing! Nt

[TheFarseer]

11. He'll be right eventually

But you could miss out on some terrific gains in the meantime.

[customerserviceguy]

18. Or, you could lose your ass

Like I did in the dot-bomb era. And my broker was my ex-wife while we were still married. No, that's not the reason we split up, but it shows that even smart people can get fooled.

[area51]

12. I think we're already in one.

JMHO.

[live love laugh]

14. Agree nt

[quaker bill]

16. I have been out if the market for more than a year

could not be happier.