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wadegarret

04/05/24 9:29 AM

#112106 RE: researcher59 #112078

R59- Points well taken

However I think how one plays the market depends on ones goals. My goal was to make enough in the stock market, that I could live on the interest. When I got there a few years ago, I took out enough to do that, assuming 4%-5%. Now if I had a huge cash reserve over that, I would be open to putting more in, but in this particular market, I'd rather be out anyway. My gains over the last two years have been stellar, but a bad market correction of 40%+ could wipe it out quickly. Re, I guess you could say, I'm content with my success at this point, and don't want to chase anymore. If I would continue to be as good with the market going forward, as these last couple years, I'm sure I'll build up my portfolio nicely again, and may just let it ride the rest of my life.