Chicken money flew the coop
My husband and I are 63 and we had IRA money in stock market-until yesterday. We would rather get 2% interest on CD now, than fret over stock market numbers. We lost a lot of money by cashing out at a low point. Just wanted to share this, since I follow you closely.
Terry Says
Well, if you got out yesterday, you didn’t get out at the lowest point! The market is significantly lower today! And assuming that you held this investment for a while before selling, you lost some “profits”. And profits aren’t your money until you take them!
Glad you got 2 percent on a CD. You also bought some good nights’sleep!
