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In Reply to: I have waaaay less than 30% in the market but AM growing my money. posted by Rick W on August 28, 2020 at 09:11:55:
I've thought for a long time that the market continues upward and over valued because there is no other place to put your money and get a fair return. High dividend stocks and a good mix of household names and income funds are where we've been moving.
The other reality is that while the 401Ks have been pushing stocks up, at some point the boomers will be cashing out in mass. Once you get a run on the market, it could take quite some time to come back as more and more people will be needing their cash and fewer and fewer will be adding to those 401Ks.
-Rod
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Follow Ups
- It's all a sticky wicket.... - Rod M 08/28/2012:03:16 08/28/20 (5)
- RE: It's all a sticky wicket.... - rivervalley817 12:16:03 08/28/20 (4)
- RE: It's all a sticky wicket.... - Rod M 12:47:16 08/28/20 (3)
- RE: It's all a sticky wicket.... - rivervalley817 13:02:09 08/28/20 (2)
- RE: It's all a sticky wicket.... - Rod M 13:21:27 08/28/20 (1)
- RE: It's all a sticky wicket.... - rivervalley817 13:39:24 08/28/20 (0)