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To: brownsfan

>>I’m an uninformed investor. I’m 60, and have a 401k. What should I be looking at as shelter from the storm?<<

Do not get stampeded into gold or similar. Gold is a so-so hedge against inflation but does nothing re: the stick market, except fluctuate more wildly.

Stay diversified. If you are super nervous you can reallocate into more cash but that will not make much money.

People who stayed in the market after the crash of 2008 made almost all their money back by end of 2009. It was the nervous nellies who lost out on the almost immediate recovery.

Stay the course, look at long term trends and always have enough cash in bank to handle 4 to 6 months of expenses and you should be OK no matter what happens except maybe SHTF.


32 posted on 06/09/2017 6:59:05 AM PDT by freedumb2003 (The Civil Rights movement compared content of their character to skin color and chose the latter)
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To: freedumb2003

People who stayed in the market after the crash of 2008 made almost all their money back by end of 2009.


See my post about QE. It pumped up the market. The market has fully disconnected from the real world.


35 posted on 06/09/2017 7:04:18 AM PDT by Mr. Douglas (Best. Election. EVER!)
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