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In response to
"Meanwhile, my 401K continues to get bombed back to the stone age -- nm"
by
prayformojo
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I went to 80% cash about 3 months ago. Not because I am some clairvoyant stock trader. Amazon though with China Tariffs kicking in
Posted by
Bacon (aka Redmond)
Dec 17 '18, 17:22
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I figured 1 out of every 3 items they sell if not higher, comes from China and all that shit would be getting 25% more expensive so I cashed out of my Amazon at 2k a share (bought some at $580 and another buy in at $780).
Being the lazy person I am, I just hadn't looked for a better place to invest it yet.
Lazy=Lucky at this point.
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