Piobaire
Not left of center?
- Joined
- Dec 5, 2006
- Messages
- 81,723
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I sold about 95% of my equities, albeit, closer to the 3450 level. I won't step in again until S&P hits 2,500. I am however, continuing to put incremental 401K contributions into equities as a bit of a hedge.
Just demonstrating my point here and not trying to be a dick. You sold at 3450 and right now it's at 4160 or about 21% higher than your sale price. To get back down to 2500 a 40% correction would be required. Could happen and you'll be sitting pretty if it does while I'm paying the bills with tendies.