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mnhtnbb

(33,371 posts)
4. I have already gone completely to cash
Fri Nov 18, 2016, 06:26 PM
Nov 2016

with the exception of a small holding in a gold fund.

We (my husband is 74 and I'm 65) simply cannot afford to see investments tank like they did in the last recession because we don't have enough years to gain that back
and I fear that our social security, my husband's federal pension, and our Medicare benefits could dry up. Republicans in control of the White House are notoriously bad
for the stock market.

I may put some assets in short term bonds or CD's--depending upon how things look next spring-- after the Cheeto Fucktrumpet has been in office for a while and we get a feeling for
what damage he's going to do in the first 100 days.

I've been investing for 36 years and I've never tried to time the market or done anything this drastic. At this point I am 100% about protecting capital.

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