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Stock Market under President Biden
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I did the right thing and did pretty good so far holding my "boring" investments through this latest volatility. I may pare some earnings and profits going into the 4th quarter. Knee-jerk reactions and trading on news is a fool's game. I may move into some of the "safer" sectors of the market or may just hold cash for now. I am happy with the dividends that I am earning which far exceeds what I would earn in a money market.
Contrary to past thinking, moving money to bonds is not really "safe" and isn't really (in my opinion) a very good move at this point. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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