I'm pissed! Last week, before the stock market crashed, I was thinking I should get out and ride on the gains. I looked at my stocks and decided to move them to safe money market accounts and CDs
But I wasn't sure how that would hit me taxwise, so I tried to find out out. I don't know enough about that. so I researched how exchanging my index funds would work. The stock index fund I invest in was not clear about it, so I went internet researching. I wasn't sure.
I was 2 days away from getting out before the recent crunch. Cost me about $40,000.
Yeah, it will probably recover slowly over the next year. But I wanted to just get out anyway. Not timing the market, just wanted to leave entirely into safe investments for my old age.
2 days too late is 2 days too late. I guess I'll hold.
Showing posts with label Stocks. Show all posts
Showing posts with label Stocks. Show all posts
Wednesday, February 7, 2018
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