Localfund.com - All about Fund and Investment
*Home>>>Income Fund

Should I start deciding on taking my money out of stocks?


I have money in Capital Income builder, Capital World GRW&INCM, Income fund of America and Federated Kaufman. MY broker says to keep it in, but I'm very worried. Unsure of what to do. Any pointers, tips and information would be great!

Buyer's market, keep them there, buy more. The econ. will swell back eventually, then your shares will skyrocket. You sell out, then where are you when the prices go back up?

Invest in Chinese stock market.

take your money out whenever ur ready, but if i was in ur situation i would take them out now incase of another stock crash and another depression, but i highly doubt that would happen. you never know anymore tho. einstein always said that anything is possible, and nothing is impossible. good luck with whatever you do with you money

Let it ride. This is an average down. You would only be selling low, after buying high.

Depends if your stocks are losing money right now. If you know that the company you have your stocks in is going to go up then ask around and find out. If you hear from more than two reliable people that its going to go down then take it out soon. Your best aim for buying stocks is doing a lot of research and when you hear how a certain company is going to make this certain popular item. Invest in it and you will probably do well for awhile.
Personally the company you mentioned, I would take my stocks out soon, maybe a week, and put them in another company.

No! This is the worst time to get out. Think of it this way -- would you sell anything else when prices are low? Of course not, you buy things when they are cheap and sell things when you can get more money for them -- when they are expensive.

Best bet is to leave your money alone and don't move it around. Timing the market never works. You have to be in for the long run. Just grit your teeth and stick with it.

So you want to sell low and buy high?

Sounds like a plan for going broke.

Stuff is on sale now, and since I have 20 years before I need the money, I am buying more mutual fund shares.

You should have taken it out two weeks ago. But where will you invest it? I'd buy real estate for 30% or more below value. Rent it out and wait. In 4 years things will change and you will be ahead of the curve. Always by low and sell high.

We had this problem about 6 years ago. My husbands 401k lost close to half of it's value. We decided to pull it out so that the money he invested would not be lost. So we pulled the 401k and paid the penalty. It worked out for us because we used the money to buy our house. Ofcourse your investor tells you to keep it. How much is he making off of it?

It really depends on your tolerance for risk and your short term goals. If you're building a portfolio for retirement that is years down the road, you shouldn't concern yourself with short term drops in the market. If you may need the money sooner and can't handle much risk, it might be a good idea to move it to some low risk mutual funds or a bank money market account or CD.

The one thing you have to remember is the rate cut made by the Fed yesterday has already lowered the interest rates for bank savings accounts and other no risk investments. For example, the APY on one of my savings accounts dropped from 4.10% to 3.65%. One of the reasons for lowering the interest rate is to encourage people to spend - either because the price of credit is lower or the gain on savings is so low.

If you are in for long term appreciation and are well diversified do not pull out your money, you might want to invest more in a international mutual fund or international stocks too, to offset the falling american dollar some. an ideal portfolio should mimic the world market holdings which is 70% american stocks + 30% foreign stocks.

If you pull your money out of the market now...you will be making a huge fundamental mistake...chances are you have already lost quite a bit in the past few weeks.....now is the time to put money in while the market is down...unless you can't wait out a med to long term investment. Chances are the market will keep declining for a while so you might lose a bit more but the idea is to sell high not low

there is going to be a recovery pretty soon, it won't be full, but it should cover all the panic selling and loss from the past 3-4 trading days.

then it may go down again unless Fed come out with some genius plan and also news on bond insurers would be a huge help if they are going to be bought, watch tv/news for the next week till end of jan, then if you decide to not stay in the game then sell them.

NO! Keep it in. Dont buy into the panic. Just sit tight and ride it out. All the other people will panic, sell and lose money but you will sit tight and MAKE money when the market rebounds.

Just wait and listen to your broker.

Ride it out if the company fundamentals are STRONG and if you don't need the money right away.

I will give you 2 examples of my own situation and what others told me to do and what I did and what happened!

Dec. 24th-Bought MER around 56 bucks.
For 2 weeks it kept dropping. People told me to sell-I sold at 51-took the losses and moved it into something else which is still in RED. Today it hit over 58 bucks..could have sold and at least broke even.

A week and half ago bought Washington Mutual at 15.15.
It went to 14..13..12.85. People said it will go down even more to 8,9,10. I told myself I will hold but won't take any more losses. Stock went up to 16 bucks today. I sold-made my proft and happy.

So the point is just hold if you feel the company is good.
DONT SELL OUT OF FEAR!!!!!!!

no, you should add money.

Tags
  Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund   HYIP   High Yield   Hedge Fund
Related information
  • Franklin Templeton Investments?

    So far the two above suggestions aren't to good. But that's what you get for asking strangers whose qualifications and motives can't be known. Franklin Templeton is a better than ...

  • How to prioritize savings / investments for low-income family?

    I'm not an expert, but it seems to me like the two biggies would be the health insurance (because if anything goes wrong that can set you back really fast) and the house (because eventually th...

  • How much income percent should i save?

    Normally the rule of thumb is to save at least 10% of your income. However generally high income households need to save more percentage-wise. You should max(15500/each) out your 401k(s) if offer...

  • Indian income tax returns?

    as far i knw u just need to file itr 1 ... and the lic premium can be taken for dedn under 80c

    ...
  • I'm looking to fund someones Ebay venture in exchange for share of profits?

    eBay is the largest online marketplace and one of the most popular ways to earn an income from home with a PC and internet connection. Selling on eBay is inexpensive and easy to start. Ebay has a n...

  • Who can sponsor or fund a Artist -good rep ?

    I would, but I just have no idea how to market that kind of music - it's dance but it's not really danceable, it's a bit kraftwerky, maybe a bit aphex twin... You probably know yo...

  • Regarding variable annuities for retirement income?

    plenty....there are fees associated with annuities. Do not let them tell you otherwise. The prior poster has it 100% correct! Give him 1000 stars and best answer and then avoid the annuity salesm...

  • Where do you expect Citigroup to bottom out?

    I think most of the blood is already in the street, trading at 26 and change I see downside at about 24-25. Alot of the panic may be priced in as the CEO of Wachovia recently bought back 100,000...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster