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LogDog75

(888 posts)
1. Good article
Tue Sep 30, 2025, 01:04 AM
Tuesday

I've had a regular mutual fund and an IRA mutual fund for over 30 years now and my strategy is to hold and ride out the downturns in the market. After 911, the market went down and the value of my mutual funds was cut in half. I continued to hold them and now they're up way further than I ever imagined. If we have a recession, I'll continue to sit and hold them taking only the required minimum distributions from my IRA mutual fund. I've outlasted past recessions and I should be able to outlast the coming recession in 2026.

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Latest Discussions»Culture Forums»Personal Finance and Investing»No predictions, just an i...»Reply #1