Thread: Money matters ?
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Old 03-19-2017, 11:39 PM   #20
Woody38
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I am and have always been 100 % invested in stocks along with three pieces of real estate.
I know nothing about investing and probably most professionals don't know much either. This I will tell everyone, market timers always lose. In order to win one must be invested at the highs and market timers are always late, usually investing at or near the lows. I have always been told I needed to be invested in bonds, not for me. Contrary to what I've been told it is quite plausible to lose money investing in bonds.
My insurance man told me that his company gave people the option to go cash or stay invested back during the recession. Bottom line was the investors clearly made more than those who went mostly cash.
I did have CD's when they were paying anywhere from 10% to 17%. That was good.

I am a retired workaholic and continuing aquaholic.
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