OT - Dow plunges 1,175 - worst point decline in history

[Tony T]

Looks like the market will be back at All Time Highs soon.
Fed will most likely keep the party going tomorrow....

[Big Dan]

Toss all the Economics textbooks in the trash.....!!!!

[joosttx]

Most of my investments are at highs or gone past their potential IMO. So it’s time to sell but I cannot find any place to invest ... I spent the better part of the morning researching and I’m coming up with nothing.

[Tony T]

Originally Posted by joosttx

Most of my investments are at highs or gone past their potential IMO. So it’s time to sell but I cannot find any place to invest ... I spent the better part of the morning researching and I’m coming up with nothing.

"Cash is King"
... you don't have to immediately re/invest. You can wait a day or two

[joosttx]

Originally Posted by Tony T

"Cash is King"
... you don't have to immediately re/invest. You can wait a day or two

Been researching for about two weeks.

[Tony T]

Originally Posted by joosttx

Been researching for about two weeks.

I thought you said you wanted to sell some winners but haven't because you haven't found a place to re-invest yet. If so...... Cash

[joosttx]

Originally Posted by Tony T

I thought you said you wanted to sell some winners but haven't because you haven't found a place to re-invest yet. If so...... Cash

Yes that’s what I said. My point is the market is over valued.

[Tony T]

Originally Posted by joosttx

Yes that’s what I said. My point is the market is over valued.

Then why aren't you selling?

[Mzilliox]

Originally Posted by joosttx

Yes that’s what I said. My point is the market is over valued.

buy land with fresh water rights. the realist in me knows this is wise.

[Ken Robb]

Originally Posted by joosttx

Most of my investments are at highs or gone past their potential IMO. So it’s time to sell but I cannot find any place to invest ... I spent the better part of the morning researching and I’m coming up with nothing.

Open a second Donut Alley along Francis Drake. CASH FLOW!!!!

[Louis]

Originally Posted by Mzilliox

buy land with fresh water rights. the realist in me knows this is wise.

Unless to you get too much water.

[fa63]

Originally Posted by joosttx

Most of my investments are at highs or gone past their potential IMO. So it’s time to sell but I cannot find any place to invest ... I spent the better part of the morning researching and I’m coming up with nothing.

I got an email from Personal Capital, saying they are offering 2.35% on a savings account, FDIC insured to $1.25 million. Cash out your investments and park them there until the next crash?

[pbarry]

Originally Posted by joosttx

Been researching for about two weeks.

Things will change and there will be good oportunities.

[93KgBike]

Sounds like you should be shorting the market, not sitting on cash looking for an upside. Follow the syndicated loan reports, or bank stocks. The treasury yield trending toward inversion is now just mainstream news on the street.

[hokoman]

Originally Posted by fa63

I got an email from Personal Capital, saying they are offering 2.35% on a savings account, FDIC insured to $1.25 million. Cash out your investments and park them there until the next crash?

Wells Fargo was/is offering 2.4% I'm sure there are other banks offering higher returns too. I think the market is not reflective of the real economy. I don't know a single person that feels like they are doing really well, and I know a lot more that are struggling with day to day expenses.

I moved my money over about 1.5 years ago, assuming a crash was coming. I'm still waiting. I don't think about the upside that I missed out on, I would just hate to lose something I technically have! I'm weird like that.