Quote Originally Posted by foxtrot View Post
No offense....

But the morons in the investment world are the ones that bail out and sell all their investments when they are at their lowest. I'd recommend selling only investments not likely to ever recover.

Selling all stocks now just transfers your wealth to somebody else when the economy picks up - which it always does.

A few people have lost millions & billions in this recent mess.... given time, a few others will have made millions & billions in the years to come (the ones that buy up everything YOUR dumping right now, while they are at their lowest). Also, the bailout bill failling isnt insider information - its national information. Selling tomorrow morning would probably be during the period when stocks are within 5-10% of their lowest point - bad, bad idea.
buy high and sell low right? lol

I agree with foxtrot. you may want to move some investments around but pulling out completely will just hurt you in the long run.

why keep more cash on hand? if the bottom falls out of the economy our money will not be worth the paper its printed on. keeping more ammo on hand tho.....