Markets Erase 2018 Gains Following Dismal Day of Trading, Dow Drops 550 Points. Cash is King

[Android_Halwa]

Just now, tacobell fan said:

Markets could have busted last quarter but tax cuts hide most part of it.

Two more quarters..!! Tarvata interest rate pakka perugutdi...mortgage kuda expensive ayitadi...imports will be expensive..

[tacobell fan]

Just now, Android_Halwa said:

Two more quarters..!! Tarvata interest rate pakka perugutdi...mortgage kuda expensive ayitadi...imports will be expensive..

Home loans at 5.5% as of today, in 2007 when my brother purchased his house he signed at 7%. It's not too far.

[snoww]

6 minutes ago, tacobell fan said:

Home loans at 5.5% as of today, in 2007 when my brother purchased his house he signed at 7%. It's not too far.

Hope he refinanced again when they dropped to 2% few years back

[tacobell fan]

1 minute ago, snoww said:

Hope he refinanced again when they dropped to 2% few years back

7% pay chesaka if it dropped to 4% also it's much better but I think he did but i am not sure where is he at now.

[raithu_biddda]

Bagaindi 

[MeetFriendz]

50 minutes ago, Android_Halwa said:

Save all your cash...Its gonna make you rich.

If you have cash and have no idea to do what, then its as good as not to have cash.

Cash hoarders, Investment of life time is about to happen. 

ante cash vunnavallu malli shares lo pedithe profit vasthadi ana nuvu cheppedhi or the value of the cash will raise ? 

[tacobell fan]

33 minutes ago, MeetFriendz said:

ante cash vunnavallu malli shares lo pedithe profit vasthadi ana nuvu cheppedhi or the value of the cash will raise ? 

Lol. 

[Rushabhi]

Ippudu 401k lo pettocha?

[tacobell fan]

2 minutes ago, Rushabhi said:

Ippudu 401k lo pettocha?

401k only appreciates if economy is strong. If markets aren't performing how do you expect 401k?

[Rushabhi]

3 minutes ago, tacobell fan said:

401k only appreciates if economy is strong. If markets aren't performing how do you expect 401k?

But aren't we looking for the long term? Like doesn't economy hit these bumps every few years? I am just worried since a lions share of my income is in 401k

[tacobell fan]

Just now, Rushabhi said:

But aren't we looking for the long term? Like doesn't economy hit these bumps every few years? I am just worried since a lions share of my income is in 401k

Economy correction is inevitable. 2018 gains wiped in one day. Stocks aren't a thing to consider IMO. There is no residual value in it. You cannot assure anything and it's pure risk.

[Rushabhi]

2 minutes ago, tacobell fan said:

Economy correction is inevitable. 2018 gains wiped in one day. Stocks aren't a thing to consider IMO. There is no residual value in it. You cannot assure anything and it's pure risk.

If not 401k then where else is it safe where we can beat inflation?

[tacobell fan]

18 minutes ago, Rushabhi said:

If not 401k then where else is it safe where we can beat inflation?

if people know this everyone would be smart enough to hold todays market crash  

[Rushabhi]

12 minutes ago, tacobell fan said:

if people know this everyone would be smart enough to hold todays market crash  

Haha ok

[Nisacharudu]

just buy PUT Options...