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EDGEMAN

Joined: 01/05/2001 Posts: 124899
Likes: 40451


Then you should shift funds as it goes up.


I'm happy as long as I make my shift long before it approaches where it was when the run started.

I've got aggressive, moderate, and "safe" funds, so I'm not too worried if I miss a little off the top.

Probably more important is to live within one's means. That helps with the accumulation of wealth far more than investing. Don't run up credit card debt! Don't buy expensive new cars that are going to massively depreciate. Don't take massive loans to buy that huge house that puts you on the razor's edge when paying the mortgage, not to mention all of the property (& other) taxes & upkeep. Learn how to take care of as many small tasks/repairs as possible to reduce your repair bills. Buy quality - less upkeep in the long run!

(In response to this post by vt90)

Posted: 11/30/2017 at 11:55AM



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Current Thread:
 
  
Dow 23k we hardly knew you. Onward and upward ... -- vt90 11/30/2017 11:01AM
  I did, too, put about the same in less risky funds -- WestyHokie 11/30/2017 12:56PM
  I felt the same way, but... -- EDGEMAN 11/30/2017 12:17PM
  Hope youngsters are putting money into the market -- EDGEMAN 11/30/2017 11:47AM
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  Re: Is your -- Naelbis 11/30/2017 7:42PM
  My biggest fund is stock heavy - loving this run! -- EDGEMAN 11/30/2017 11:32AM
  If I were 30 or 35 I would be too ... -- vt90 11/30/2017 11:34AM
  Then you should shift funds as it goes up. -- EDGEMAN 11/30/2017 11:55AM
  Would you've my wife a call??? "Needs to know"...... ** -- DonHo-kieHi 11/30/2017 12:26PM
  You can handle it. -- EDGEMAN 11/30/2017 12:41PM
  Go baby go! -- EDGEMAN 11/30/2017 11:06AM
  Concur. -- EDGEMAN 11/30/2017 11:30AM

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