Just a thought...the stock market is currently very high. Not the time to buy. It may better to sell and go to cash...And wait for the crash...Then buy back in at a huge discount to current prices. 30 or 40%?! Just a thought.
“It may better to sell and go to cash...”
You’re assuming that paper will have some value above the going rate of toilet paper after ‘the’ crash....
If you’re thinking of buying back stocks after the mother of all crashes, you may want to consider using gold. The appeal of gold isn’t so much in its use during the crash, but that it will retain its value and be good for buying back those stocks. There are a couple of problems though. There may not be a stock market for quite some time or companies in which to buy shares of. The other potential problem is that whatever form of government arises from the ashes during the recovery may make it illegal for individuals to own gold, forcing owners to trade it in for their ‘new’ currency. ‘They’ may not want some wildcard individual holding a lot of physical gold to be such a strong player in the new economy. There are a lot of unknowns. During a crash of that magnitude the very best thing you can have are the real, tangible supplies needed to survive in life. Having gold on hand will be useful only during the recovery, whenever that may be, and it could be many years.
Well capitalized corporations like IBM, or Cisco Systems pay a good dividend, will continue to do so, and have immunity to a crash. Downturn means that interest rates go down and shares go higher, with fluctuations, so long as the payout stays the same.
Must be registered with the corporation, however. That way you are safe,and, have the satisfaction of knowing that Hillary Clinton will not be getting paid for a speaking arrangement with your money, for example.
But the big dividend story is the tax break that you will be getting.
More information in my next post to you.