The best move one could of made and there long term 401k/retirement accounts etc. And there was plenty of time was to get out of stock funds and into Bond funds.
Second to that was to go into money market.
But here's the hard part. When to get back in?
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i told one of my friends to get all in cash about 1 month ago he is now a happy camper , it was not a if it was a when as far as i am concerned anyway i know some tough this would never end but hey i been there before always comes back down .....................