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To: exnavy
I cashed out of 401k and IRA after 2008 crash. never again.

Same, although I didn't have a huge amount. I didn't have the stomach for the "just hold" strategy, so I remodeled my house and built an addition. I was always more comfortable with real estate.

58 posted on 04/12/2020 11:51:05 AM PDT by truthkeeper (All Trump Has Going for Him is the Votes)
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To: truthkeeper

>> I didn’t have the stomach for the “just hold” strategy, so I remodeled my house and built an addition. <<

So if a financial emergency comes up you will sell part of your home?

I invested after 2008 and made a killing. The Dow was 11,200 or so in 2008. It is now at 23,000+/-. A $10K investment in the Dow in 2008 would now be worth $40K. Conservatively invested mind you.


74 posted on 04/12/2020 11:58:25 AM PDT by freedumb2003 ("DonÂ’t mistake activity for achievement." - John Wooden)
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