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Aug 21, 2021 22:20:28   #
Bad Bob Loc: Virginia
 
son of witless wrote:
So you are totally in cash and not stocks ?


No, still living on my Rollover IRA. It's has a balance about the same as when I started drawing over 15 years ago. Playing with stocks, ETFs and mutual funds.

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Aug 21, 2021 22:24:36   #
albertk
 
Bad Bob wrote:
No, still living on my Rollover IRA. It's has a balance about the same as when I started drawing over 15 years ago. Playing with stocks, ETFs and mutual funds.


don't forget your food stamps! hahahahaha



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Aug 21, 2021 22:30:29   #
son of witless
 
Bad Bob wrote:
No, still living on my Rollover IRA. It's has a balance about the same as when I started drawing over 15 years ago. Playing with stocks, ETFs and mutual funds.


My financial advisor had a town hall type web meeting and had on an analyst, who took questions. The abridged version of it is that most of the stock gains were already priced in. They were in the front half of the recovery. The second half of the recovery will be choppy for the Stock Market, but the overall economy will continue to rebound.

They did not recommend getting out of stocks, just be very selective and do not expect the gains of the last year.

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Aug 21, 2021 22:57:24   #
Bad Bob Loc: Virginia
 
son of witless wrote:
My financial advisor had a town hall type web meeting and had on an analyst, who took questions. The abridged version of it is that most of the stock gains were already priced in. They were in the front half of the recovery. The second half of the recovery will be choppy for the Stock Market, but the overall economy will continue to rebound.

They did not recommend getting out of stocks, just be very selective and do not expect the gains of the last year.


No problem.

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