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Money Market or Stock Market?

My wife and I were advised to trade all of our stocks and move the money to a money-market account when the Dow was at about 8100. We were told that the market would soon go below 7000 and we would buy back in again and make up for our recent market losses. It doesn't appear the market is headed down at all. Should we wait it out or accept our losses and buy back into the stock market? We were planning on retiring in five years.


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Don't sweat the petty things and don't pet the sweaty things.

If I was in your position I think the two of you should sit down with a financial planner. As we are all very much aware, no one knows what can happen in such volatile times, and I would feel more comfortable working with a person that is a professional and knows the two of you. Like anyone else, no one is perfect, but I think it is worth your time and money to see what he or she suggests.

Posted 2009-08-19T11:34:36Z
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Become Forex Affiliate Now! Earn huge without Investment!


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Posted 2009-09-07T12:17:46Z
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