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PoindexterOglethorpe

(28,493 posts)

47. It's having their entire retirement in a single stock that was the mistake.

Fri Feb 9, 2018, 12:32 AM

Feb 2018

Although utility stocks typically pay dividends.

Diversify. Diversify. Diversify.

Plus, if you sell everything and put it in bonds, what's the interest rate these days? And what's inflation?

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Dow plummets 1000 points into correction territory, S&P 500 drops 3.7% to new low for week [View all] Mr. Sparkle Feb 2018 OP

Any stock market smarties in the house MontanaMama Feb 2018 #1

Yes. This is happening because the Democrat party failed to applaud during the SOTU. mahatmakanejeeves Feb 2018 #3

Oh that's it! MontanaMama Feb 2018 #5

No, it's actually good news that did it! getagrip_already Feb 2018 #10

Gotcha! MontanaMama Feb 2018 #26

You are not wrong. Bernardo de La Paz Feb 2018 #31

I've looked at market corrections as opportunities. Yonnie3 Feb 2018 #21

Please be aware ChiTownDenny Feb 2018 #37

just for that, a heart to you Skittles Feb 2018 #48

Thank you! ChiTownDenny Feb 2018 #49

Thanks. And welcome to DU. NT mahatmakanejeeves Feb 2018 #51

"the Democrat party failed to applaud during the SOTU." Yavin4 Feb 2018 #45

Disclaimer: not a stock market expert fountainofyouth Feb 2018 #8

Excellent explanation. MontanaMama Feb 2018 #27

A "correction" is typically in the 10% neighborhood wysimdnwyg Feb 2018 #9

The market is way overdue for a 10-15% correction Fiendish Thingy Feb 2018 #28

This was predicted months ago. DetlefK Feb 2018 #53

We're moving from the "drumpf slump into the drumpf dump" with the markets. democratisphere Feb 2018 #2

This is called "Massive Transfer of Wealth 9.0" debsy Feb 2018 #4

Don't understand your post SCantiGOP Feb 2018 #6

I think debsy knows that. vkkv Feb 2018 #16

Bingo! All major market moves are transfers of wealth... GetRidOfThem Feb 2018 #30

Unless they shorted the market jpak Feb 2018 #42

Trumps fault. Historic NY Feb 2018 #7

+1 CountAllVotes Feb 2018 #11

The corporations are fucking up their tax cut and people are noticing and selling. pwb Feb 2018 #12

Think it's not that. The market goes up with stock buybacks flamingdem Feb 2018 #22

Yea that's what the high paid money talkers have been told to say. pwb Feb 2018 #29

It is still correcting itself to a degree. BigmanPigman Feb 2018 #13

Overheating economy and huge deficits hitting at same time. bronxiteforever Feb 2018 #14

OK wait a minute -- Somebody actually read the first sentence in the article Algernon Moncrieff Feb 2018 #15

Maybe the person who wrote the article Cold War Spook Feb 2018 #19

Or maybe there's a bot writing it that needs its grammar program fixed. OnlinePoker Feb 2018 #39

It's 1983 or 1987 all over again bucolic_frolic Feb 2018 #17

Buying opportunity. The world is in growth mode flamingdem Feb 2018 #23

Yep. every crash gets worse and worse elmac Feb 2018 #38

There are possibilities there because of the risks you mention bucolic_frolic Feb 2018 #43

Just ride rtracey Feb 2018 #18

No one is panicking LanternWaste Feb 2018 #20

yeah rtracey Feb 2018 #44

"the only place where people run OUT when there's a sale. The Mouth Feb 2018 #35

You should not cash everything out at PoindexterOglethorpe Feb 2018 #40

Sorry rtracey Feb 2018 #46

It's having their entire retirement in a single stock that was the mistake. PoindexterOglethorpe Feb 2018 #47

This is the mistake that "radicalized" Steve Bannon. His father had all his money in company stock. mahatmakanejeeves Feb 2018 #50

Thanks for posting that. PoindexterOglethorpe Feb 2018 #54

When the market goes up like it has on nothing but AIR........ Bengus81 Feb 2018 #24

Been saying that for a year Cosmocat Feb 2018 #32

This (may) be a good time to move money from a traditional IRA to a Roth. doc03 Feb 2018 #25

I give full credit for the downturn to President Trump machI Feb 2018 #33

tRUMP is probably encouraging the market falls so he can buy more ... SWBTATTReg Feb 2018 #34

Kind of figured this was coming when my mutual DeminPennswoods Feb 2018 #36

Two things that are important. PoindexterOglethorpe Feb 2018 #41

it's always possible to find sellers in a rapidly rising market. the reverse is not the case. unblock Feb 2018 #52

True. Which is why panic selling is a dumb idea. PoindexterOglethorpe Feb 2018 #55