CharleyLake

I was notified by a land man that an industrial pipeline will have to be relocated due to the I-10 improvements. Does anyone know if the State of Louisiana will cover the expenses of the pipeline company to relocate the pipeline such as a new servitude agreement and construction costs?

I recognize that everybody's situation is different in terms of goals, risk tolerance, emergency fund criteria, and especially time horizons.

I made a handsome return today on the S & P correction today. When the index returns to the 6100 category I will make a greater profit at that time because the economy will return stronger than ever.

I am far from an economist. I barely skated out of Lake Charles High School with a 2.0 GPA and have never been accused as being a scholar or an intellectual heavyweight but I can tell you if there is further turmoil I will buy on the dip once again. I do not believe that there is much downside with ever taking a profit.

All the best.

"My financial advisor"

Problem identified. Review and study the excellent replies to you thus far. I dare say most of them have more experience with market corrections than your financial advisor.

At any rate start taking control of your own finances.

Certainly reasonable to believe that.

Do you think that the meetings were called off because all of the managers were watching their portfolios?

I bought the S & P Index at its last nice dip of 10% off its highest close. My target to purchase more is a value of 5220 which will be about a 15% correction.

Keep your ear to the corner.

Good deal ! I wish that you would have been around to give me that advice when I was twenty-five years old. Although it was matched in company stock, little did I know that buying every month worked for me. Several years later someone told me it was called "dollar cost averaging' and showed me the math. I also keep about 75% in index funds. It took me way too long to quit overthinking investments. For example, I owned gold at one time and had an IRA that was invested in REITS. Both were failures. My wife had an IRA with a 12-B-1 fee at one time. Imagine that. Likely only in the last fifty years were people like us became able to take control of our own finances.

Disclosure-I do have a lithium ETF which is in the bucket about 20%.

Within my 401K I can move in and out of the Fidelity S & P Index to Stable Value Fund (treasuries, CD's etc.) at no charge. After the S & P falls 10% I take a position and go back to Stable Value when it returns to its former market high. In a way it is timing the market but I do it within parameters and have not failed except one time when I ran out of bullets trying to catch the bottom. However it did recover albeit it took a long time. It is not for everyone. It is what I like to do.

If the Index falls another 5% to @ 5222 I will "buy" again. It is not that difficult to catch that falling knife when you have a solid plan.

Pally Lawton wore kaki clothes and cowboy boots almost every day.