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      01-21-2020, 02:20 PM   #41
XutvJet
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Drives: 2016 M235 6MT
Join Date: Mar 2016
Location: Kansas City

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Quote:
Originally Posted by bimmerfrk View Post
Ok so after today i put all my wife's and my 401k proceeds into a money market fund. This trajectory cant continue and a lot of economists feel that the economy is reaching if not already at full employment. I don't care if i miss another 2 - 5 percent in gains. I'm up 39 percent over the last 2 years and im sure there is a pull back coming. I'm protecting my profits. I will continue to contribute to my 401k but there is just no value at the moment. Its crazy how many times companies are trading their earnings


Thoughts?
How old are you and how long have you been in the market?

Retirement wise, is your net worth on track for someone your age (30s = $300-400K, 40s = $500-700K, 50s = $700K-1.3M)?

When you talk about this 39% gain in the past 2 years, is this 4 figures, 5 figures, 6 figures?

What were these investments in? Stocks? Funds?

Do you have any other investment/retirement accounts? If so, how well are they funded?
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