rs9876lg,You guys keep on saying that but unless OP has $8M all in his retirement account how does he unwind?
I think as long as OP has high income which pays for his expenses, he can continue to play. At the end of the day, a million here and a million there. It is still all on paper. Does it make that much difference? Until he converts them into treasuries, it is NOT real money.
By the way, that is first advice given to anybody who has a large windfall - use 50% to buy treasuries like Groucho Marx.
I don't look at stock market daily but interested in finding out what happened with Nvidia bet that OP made.
OP is retired.
KlangFool
Statistics: Posted by KlangFool — Thu Aug 29, 2024 9:06 pm — Replies 444 — Views 112580