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No Vested Interest

(5,156 posts)
62. True, one would not cash out one's entire saving, but one may wish or need
Sat Jun 25, 2016, 01:43 AM
Jun 2016

to sell in order to diversify within a retirement program.

My spouse received all retirement funding in company stock. Obviously, one doesn't want all eggs in one basket; must diversify for long-range protection.
Doubt that this is a unique situation.

Republican Chump-in-Chief Trump sneers at the Little People who lost Scientific Jun 2016 #1
Wow, those are tiny hands. L. Coyote Jun 2016 #5
Especially in front of that big belly. Shrike47 Jun 2016 #10
Tiny hands. IrishEyes Jun 2016 #28
He never wears shorts ToxMarz Jun 2016 #31
so sorry to hear that. many are going to be quite surprised at how this affects them here. niyad Jun 2016 #2
Don't feel sorry louis c Jun 2016 #7
A trump presidency would be the US's Brexit. Maraya1969 Jun 2016 #3
+1 fleabiscuit Jun 2016 #50
Trump probably bet on the pound crashing. L. Coyote Jun 2016 #4
"Soros looks set to make a killing on Brexit result" 7962 Jun 2016 #51
what morality does a put option buy you?? unblock Jun 2016 #78
Because the put option gives you the ability to buy shares later at the lower price 7962 Jun 2016 #80
the effect on the market is immediate for options as well. unblock Jun 2016 #84
I can't believe anyone would vote for him after wearing a "Make Me Great Again" hat. scscholar Jun 2016 #54
That's PhotoShopped. L. Coyote Jun 2016 #58
If you didn't sell you lost nothing. XRubicon Jun 2016 #6
Agreed Travis_0004 Jun 2016 #9
I get that..... louis c Jun 2016 #12
I hate Don the Con. XRubicon Jun 2016 #16
i have money in the market too, i loathe the bastard. not a shred of empathy or intelligence. spanone Jun 2016 #17
At 63 and close to retirement SickOfTheOnePct Jun 2016 #22
That is not always the case. Curmudgeoness Jun 2016 #33
We'll have to agree to disagree SickOfTheOnePct Jun 2016 #49
if you can have five years of money in safe investments belcffub Jun 2016 #61
True, but some of us are trying to catch up from Ilsa Jun 2016 #48
Not to mention there surely **will** be another very large "correction" at some point newthinking Jun 2016 #36
Think of those retiring at the end of the month, for example. No Vested Interest Jun 2016 #8
If you are retiring athe end of the month former9thward Jun 2016 #19
True, one would not cash out one's entire saving, but one may wish or need No Vested Interest Jun 2016 #62
I retired in 2009 at the bottom of the market, luckily I have a DB pension and didn't have to rely doc03 Jun 2016 #82
so very true. I pulled mine just before the housing crash. I knew it was coming and I am too old to swhisper1 Jun 2016 #20
They won't be in equities, and this is why (nt) Recursion Jun 2016 #75
Another thing that would make him happy... 63splitwindow Jun 2016 #11
he only cares about himself. nothing else. spanone Jun 2016 #13
Did you cash out today? former9thward Jun 2016 #14
You did well. Even $7000 on an index fund is not bad today. Barack_America Jun 2016 #18
I hold a Gold ETF which went up about 5% today. former9thward Jun 2016 #21
I can only guess you missed the point. Kingofalldems Jun 2016 #45
Thank you for understanding the point louis c Jun 2016 #64
Oh yes, I got it right away. Kingofalldems Jun 2016 #70
you should be highly offended, and your 401K will return if you can wait for markets to level off swhisper1 Jun 2016 #15
I tried to make this point elsewhere on DU Fritz Walter Jun 2016 #23
That is highly exaggerated. So Monday when the market is back yeoman6987 Jun 2016 #57
The 401K and the IRA are not defined benefit plans they are defined doc03 Jun 2016 #83
You should get it back over the next few weeks. Today was Chicken Little Day Warpy Jun 2016 #24
Meanwhile the funds that were in our accounts are in some one else's account liberal N proud Jun 2016 #29
It doesn't work like that Warpy Jun 2016 #34
401K is Reagan speak for pensions shadowmayor Jun 2016 #25
It benefits the financial industry and those who know about finance IronLionZion Jun 2016 #37
But maybe the whole model is wrong shadowmayor Jun 2016 #47
By the way, I have a pesion AND a 401K louis c Jun 2016 #67
American retirements have always been tied to the markets Major Nikon Jun 2016 #73
Trump is gloating because he buys when the market crashes IronLionZion Jun 2016 #26
Good advice. 7962 Jun 2016 #44
People like Trump are the winners when everyone else loses. liberal N proud Jun 2016 #27
You lost nothing unless you sell. Curmudgeoness Jun 2016 #30
You didn't actually lose a penny. In fact you've seen an increase Press Virginia Jun 2016 #32
Here's the point louis c Jun 2016 #66
We’ve seen this before.. busterbrown Jun 2016 #35
the point is louis c Jun 2016 #68
So many people with pensions have no idea where the money is. redstatebluegirl Jun 2016 #38
The older you get, the less "in the market" you should be. 7962 Jun 2016 #43
Unless they sold, his supporters did not lose money either. BerningForYou Jun 2016 #46
Reminds me of my favorite movie "It's a Wonderful Life" Redford Jun 2016 #39
So, where can I buy some of the swastika golf balls? Fritz Walter Jun 2016 #40
Unless you panicked and sold, no you didn't... MerryBlooms Jun 2016 #41
"This will all even out... no worries." L. Coyote Jun 2016 #59
You only lost if you sold. Where was it a few months back when we were @15K? 7962 Jun 2016 #42
I e-mailed my financial advisor this morning AnnieBW Jun 2016 #52
If you have dollars, invest in pounds now. Buy low and sell high. L. Coyote Jun 2016 #60
I agree with the sentiment... CincyDem Jun 2016 #53
You understand my point louis c Jun 2016 #69
Market is way over priced. ozone_man Jun 2016 #55
Did you sell??????? yeoman6987 Jun 2016 #56
Consumer Confidence louis c Jun 2016 #63
I do. Thank you. yeoman6987 Jun 2016 #71
I lost nothing because I have nothing. hobbit709 Jun 2016 #65
I lost $30k RussBLib Jun 2016 #72
If the polls show Trump with any shot come Oct 1st I'm out Johonny Jun 2016 #74
I lost just under 12K JustAnotherGen Jun 2016 #76
I didnt lose anything THIS TIME benld74 Jun 2016 #77
Trump will never be POTUS. Ever. Rex Jun 2016 #79
I lost roughly the same on paper yesterday, I could have reached through the TV doc03 Jun 2016 #81
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