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LogDog75

(1,256 posts)

19. Don't Panic - good advice

Mon Mar 9, 2026, 01:52 AM

Monday

I have an IRA mutual and am doing RMD withdrawals and a traditional IRA. With my military pension, RMD, and Social Security I don't need to touch my regular IRA. I've told people for the past 30 years to invest in a good IRA mutual fund, a good non-IRA mutual fund, and don't touch either other than to make regular contributions. A hold and wait strategy allows you to ride out the lows and ride the highs.

After 9/11, the market went south and between my two mutual funds I lost about half its value. By using hold and wait the mutual funds have more than recovered and are worth about six time what they were valued at in 2001. One thing the market does in the long run is to increase so by patiently riding out the downturns you'll do well.

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stock market is crashing but do not panic. [View all] drray23 Sunday OP

But Republicans are good for the economy Johonny Sunday #1

yeah I dont know how they managed to gaslight voters for all these decades drray23 Sunday #2

it's our fucked up "mainstream media" Skittles Monday #9

Here's my handy visual aid for what you described BaronChocula Monday #15

TRUTH Skittles Monday #16

It really depends on how bad the crash is. yourout Sunday #3

I cashed all mine in the week before he was sworn in. Paid off my home. Best move ever. Ferrets are Cool Sunday #4

Agree about not panicking but the SPX made a high in March 2000 and did not exceed that high until March 2013 ... cliffside Sunday #5

Is it crashing? Fiendish Thingy Sunday #6

I agree that it's nowhere near crashing too badly yet. drray23 Monday #11

We are not winning this "war" IbogaProject Monday #7

If tsf is alive in 2029, he isn't leaving office. 100% guaranteed. chicoescuela Monday #8

Trump has just undone near a year's worth of gains on the stock market. Aussie105 Monday #10

Hindenburg Omen James48 Monday #12

I couldn't care less what stocks do but will get the popcorn and wine ready if it really gets bad. nt yaesu Monday #13

Yeah, no. Capital gains is a thing. I'll pay attention to what my financial advisor says. nt Gore1FL Monday #14

I too use an FA Skittles Monday #18

the fastest way to induce panic Skittles Monday #17

Don't Panic - good advice LogDog75 Monday #19