Master Thread Dance Your Cares Away/Fraggle/Law Abiding Citizens

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Don't know about the rest of you - took a lot of the table last week.

Just called financial advisor on a Sunday night told him to take it all into money market which is paying 3%

Told him my dad and I would rather make 3 against 8.5% inflation and be down 5.5% adjusted,

Versus watching this thing melt-down due to BOE Credit Suise etc.

I saw this movie in 2008

I'd rather be in cash and lose some upside if/when market turns positive than a very possible melt-down happen and lose 30-50+%

Not financial advice - do your own thinking and acting.
 
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