I'm retired and pulled out of all my retirement
savings out of the stock market in a panic last year.
I pulled my retirement
savings out of the stock market just before Brexit and then kept it out because I was worried about what might happen to stocks in view of the elections.
Not exact matches
The
stock market meltdown that accompanied the financial crisis
of 2008 - 2009 took a big bite
out of Americans» retirement
savings, forcing some to delay their retirement dreams.
I could achieve that in a mere couple
of years if I were to save excessively and dump my
savings (and inheritance) into a Mortgage REIT via the
stock market, most
of which are shelling
out above 10 % returns in dividend payments.
The fact that it's not in the
stock market and so pulling it
out isn't a taxable event doesn't make it any less a form
of long - term
savings.
As
stock prices have collapsed and wiped
out a portion
of the
savings of the average Chinese investor, this could undermine confidence in China's capital
markets and also the ability
of the Communist Party in China to maintain control
of the economy and engineer a «glide path» for slower but more sustainable growth.
Booth played a key role in saving social security from privatization under the Bush administration — shortly before the 2008 financial crash would have wiped
out the retirement security
of millions had they gambled their Social Security
savings in the
stock market.
We have no way
of knowing what the
stock market's level is going to be on that blessed day years from now when you need to take money
out of your retirement
savings.
There are several types
of investors
out there who commit their hard - earned bucks to the
stock market (or other
markets) to try to squeeze a little more from the
savings they have.
Rather, all you have to do is assure you have your
savings invested in a mix
of stocks and bonds you would be equally comfortable sticking with if the
market continues to
market to higher ground — or gets whacked for a sizable loss from a development everyone anticipates or a shock from completely
out of the blue.
When asked about the investment approach that best aligns with their retirement
savings objectives, only one
out of 10 women (11 %) chose the most conservative option: bank CDs and high - quality bonds with little or no money invested in the
stock market.
The
stock markets and the
savings of millions
of retirees would be wiped
out.
When
stock prices collapsed in 2008, the bear
market wiped
out half
of the
savings of Lucie White and her husband, both doctors in Houston.
Lucy gets caught in a
stock market crash and sees much
of her
savings wiped
out.