Originally Posted by
J3nkums
You sound like the last CA I flew with that had cashed out a huge chunk of his savings that were previously in stocks to buy gold. Something tells me my 401k will be fine. But it's more fun I agree to run around acting like the end is near. There always needs to be a good crisis.
Nah. I didn't go that far, but I have pulled out a bunch and gone to cash. Gold has always been a ****ty investment anyway. I bonds are a good deal right now, and I think with the clown show in DC that inflation will be with us for awhile so those returns will be good for the forseeable future. Good for you that you have a long time horizon that you will be able to recover from what (for me anyway) has been a net reduction of almost 30% in my net wealth. But one man's 'crisis' is another man's challenge I guess. But don't worry, I will be fine. My 401k which is only a part of my post flying income will recover eventually as well. TVM though is a real thing and it sucks when you realize that your particular 'T' part of the equation ain't so big anymore.