Thread: I'm putting 50k into the stock market. When to buy?
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Old 10-09-2008, 04:02 PM  
Ethersync
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Quote:
Originally Posted by After Shock Media View Post
Gold was last year. So glad I did that.
Also still strongly feel that gold should not represent more than 10 to 15% maximum of ones portfolio, unless you particularly like living on the edge and are OK with wild swings and possibly loosing or gaining a fortune.

I personally am not "young" anymore. I am in my late 30's and have moved more to medium and lower risk options. I am not at the age anymore where I can have the time to rebuild it all if tragedy happens. My higher risk is now down to roughly 12%.
I think investing in stocks right now is a HUGE risk. Worst case Gold is a safe haven.

When Gold goes past $2,000 I look forward to telling you all, "I told you so".
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