I am now 60% in cash

Discussion in 'Stock Market' started by Tommy Tainant, Aug 20, 2019.

  1. Tommy Tainant
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    Tommy Tainant Gold Member

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    I have been selling off for most of the year, or dipping in and out where I can see a bargain.
    I will probably stop the sell off when I get to 75% and sit tight until brexit is resolved.

    Reports over here that the tarriff war is over.

    Trump administration considering abandoning tariffs as looming recession threatens to ruin 2020 re-election hopes

    Is this the case ? Might look for bargains in the US and Far East if so.
     
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  2. Rambunctious
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    Rambunctious Gold Member

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    Buy low sell high....we are no where near the high...just wait until Trump wins in 2020 the Market will go up like we never thought possible...if you are getting out now you are passing up the biggest gains you ever had....
     
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    Last edited: Aug 20, 2019
  3. emilynghiem
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    emilynghiem Constitutionalist / Universalist Supporting Member

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    What Tommy Tainant?
    You mean you have spare capital to invest
    and you're not putting it into microlending to pay
    for Diabetic treatment to save lives of people in need?

    Don't tell me you are investing your extra money
    into something making you PROFIT while sick people
    are dying for lack of funds to cover insulin and treatments!

    What kind of cruel capitalist are you?

    How could you put personal profits over
    saving lives with that money? What???
     
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  4. MeBelle
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    MeBelle Gold Member Supporting Member

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    Find Trump's actual press release on China and tariffs.

    Getting your 'investment' info from a left wing rag will only help you lose your money
     
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  5. SassyIrishLass
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    SassyIrishLass Diamond Member

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    It's only about 12 bucks is my guess
     
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  6. Tommy Tainant
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    Tommy Tainant Gold Member

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    Our diabetics are taken care of by our NHS system. They dont need handouts like Americans. Which leaves me free to invest my hard earned cash as I see fit.

    You can usually get an adult conversation over here as well.
     
  7. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Which leaves me free to invest my hard earned cash as I see fit.

    What percentage of your hard earned funds are left over, after you pay for NHS?
     
  8. HenryBHough
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    HenryBHough Gold Member Supporting Member

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    For a moment there you had me believing it true that even a stopped clock can be right twice a day.

    60% out? That's a good start.

    Bears make money
    Bulls make money
    Pigs get slaughtered.
     
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  9. Tommy Tainant
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    Tommy Tainant Gold Member

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    You should not rely on an election result to make your investment decisions. The state of the world at the moment makes it almost impossible to make longer term plans.
     
  10. Rambunctious
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    Rambunctious Gold Member

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    It worked for me in 2016...With my investments at high risk....I was able to semi retire when 2 years earlier I was looking at working till I died....now I play golf all week...
     
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