Quote:
Originally Posted by Hog Farmer
X will be a good investment , I'm happy so far.
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X is such a cyclical stock to own. I am debating how high I'll ride it before selling it all? I'll then wait for it to dip again and buy back in.
Did you know it was $186/share in June 2008 before the crash and it tanked to $24 in November 2008?!
Quote:
Originally Posted by Hog Farmer
I don't get putting money in a CD when there are all those mutual funds bringing 10% +
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It's hard because I always think emergency savings should be fairly liquid. If I put it in the market, there's a chance it takes a dump. And the idea behind emergency savings is to not lose that money as it's your safety net. Hence why keeping it safe but growing slightly in a CD seems like the most attractive offer to me.