Anyone going to ALL CASH yet?
 

I’m Seriously thinking about it. Took most of my gains in January

No, many places here won't accept cash to avoid getting infected by virus xD

I did that last oct as I sold my business. Timing sometimes. :)

Why? You think banks will bankrupt ?

I didn’t mean cash under the mattress I meant getting out of stocks and bonds in case there is a depression. Goldman Sachs is calling for a 24% retraction in the US economy. That’s a Great Depression.

Cash out now because the DJIA still has a lot of air in the bubble

I believe the 'natural' price of the DJIA is around the 9000 mark (as measured by actual productivity)

whatever you do, don't get stuck bagholding cash :2 cents:

I’m waiting until congress passes the stimulus. Today’s bump was hope for it happening. May get another 1500-2000 points from the actual deal. Then I go to cash.

Why cash? They’re printing more of it than toilet paper at the moment. Toilet paper will be more than cash soon, if it’s not already

Majority of company stocks will go down but relevant companies which profits going up thanks to corona situation are good investment choice. For example, zoom video communications company.

I agree :error

Investing in dollars for long term is like knowingly investing into stock for a failing company

I think we will see a bump Monday, then i will think about selling

I sold the second up day this week. Got out even money over the last five years. Better than taking the losses coming I guess