Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

marybourg

(12,631 posts)

8. If you're a billionaire you don't need the volatility

Reply to aristocles (Original post)

Wed Mar 6, 2013, 12:57 PM

Mar 2013

and risk of stock. You already have more than you need. Most regular investors lessen their stock holdings as they age, One popular formula is to hold 100 minus your age as your percentage of stock. So-75 years old: only 25% of your holdings should be stock. Don't let the sour grapes fear mongers or the say anything media dissuade you from regularly investing during your working years; it's the only way to a comfortable retirement. I know.

Edit history

Please sign in to view edit histories.

28 replies

= new reply since forum marked as read

Highlight:

As Dow soars, billionaires are dumping stocks [View all] aristocles Mar 2013 OP

Sell High thelordofhell Mar 2013 #1

Yep, they're cashing out big time jsr Mar 2013 #2

The reason is simple......real disposable income for the vast majority of the worker bees has.... yourout Mar 2013 #3

Link please? nt magical thyme Mar 2013 #4

Random link here dipsydoodle Mar 2013 #6

... R. Daneel Olivaw Mar 2013 #12

Typical Newsmax BS onenote Mar 2013 #19

In case the general public hasn't yet realized this Cirque du So-What Mar 2013 #5

The media don't need to say Buy. All they need to say is Loudly Mar 2013 #20

What can they do that you cannot on a smaller scale? dmallind Mar 2013 #22

And another bad boy reformed dmallind Apr 2013 #25

Makes a lot more sense than dumping stocks in a panic in 2009 with the Dow at 7000. Nye Bevan Mar 2013 #7

Dumping stocks (not all) at a low does make some sense when you consider zbdent Mar 2013 #18

If you're a billionaire you don't need the volatility marybourg Mar 2013 #8

You know what would be divine justice? If Occupy started buying up every available stock. Initech Mar 2013 #9

Pump and Dump. Arctic Dave Mar 2013 #10

This message was self-deleted by its author CJCRANE Mar 2013 #15

^5 avaistheone1 Apr 2013 #28

Was this another bubble? Baitball Blogger Mar 2013 #11

Didn't Buffett just buy Heinz? And he "dumped" Intel last year. onenote Mar 2013 #13

That should be a MAJOR red flag for investors who are not in the Top 1%...run, don't walk! nt. OldDem2012 Mar 2013 #14

The market is outperforming the real economy. geek tragedy Mar 2013 #16

you've been watching too much Rachel... WhaTHellsgoingonhere Mar 2013 #17

Crap post without a credible link (source). n/t HCE SuiGeneris Mar 2013 #21

Yep: the two worst sources for investment advice onenote Mar 2013 #23

WOW. I better get busy and dump a few $Billion. bvar22 Mar 2013 #24

Where they putting their money then? Private prisons and/or debtors prisons? no_hypocrisy Apr 2013 #26

I'm wondering exactly where that money is going Warpy Apr 2013 #27