Thread: Dow Death Watch
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Old 10-10-2008, 01:04 PM   #7
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 61
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Re: Dow Death Watch

Quote:
Originally Posted by Beemnseven View Post
Is anybody considering selling off any stock that they own? Have you thought about cashing out your 401k?

That thought actually crossed my mind this morning -- what if you had cashed out last Friday before this week's tumble?
Now is the worse time to think about selling unless you have such a poor portfolio of investments they will never recover then it might not be a bad idea.

I'm actual about to buy $15,000 in stocks today in Co's. that are strong but are getting dragged down by this mess. I'm guessing I might double my money in just a few months and wish I had more money to invest.
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