VaCollector
Full time employment: Posting here.
- Joined
- May 12, 2007
- Messages
- 549
I'll sell it ALL!!!....after my 36% losses since my (supposed) FIRE (May 2007)...... my current frame of mind is to SELL IT ALL and watch my CD's grow at least while I AM still FI ! ....maybe I'll wait 'til I get back to even....but then, if I can wait THAT long.....hmmmm......maybe I should buy more with my cash reserves, then I can make it up faster ....OMG, I surely don't want to MISS THAT!! ....but THEN how will I pay my bills IF the market continues the decline .......Oh why ME Lord?....why did I have to end those beautiful days at the office when the financial world as we know it is about to end!!
Man....when I was a workin' stiff, none of this seemed to matter......now my TV can't seem to get off of CNBC...Ok, so some of that has to do with my affinity for Erin Burnett.....
So what has changed?.....I think that MY perception of the market has been influenced by the media....'cause, I STILL have the same number of shares of ABC & XYZ, right?.... and although the rest of the world seems to think they are worth less - 36% less than I think they are.....whew....I only wish I could make myself LOOK AWAY!!
OK....so I'm not REALLY there (yet!), but I'm beginning to understand the older generation's desire and need to alleviate their fears by NOT participating in the market at all......no wonder they can sell folks an annuity with guaranteed payouts....you gotta admit that they sure look good during periods like this one!
Man....when I was a workin' stiff, none of this seemed to matter......now my TV can't seem to get off of CNBC...Ok, so some of that has to do with my affinity for Erin Burnett.....
So what has changed?.....I think that MY perception of the market has been influenced by the media....'cause, I STILL have the same number of shares of ABC & XYZ, right?.... and although the rest of the world seems to think they are worth less - 36% less than I think they are.....whew....I only wish I could make myself LOOK AWAY!!
OK....so I'm not REALLY there (yet!), but I'm beginning to understand the older generation's desire and need to alleviate their fears by NOT participating in the market at all......no wonder they can sell folks an annuity with guaranteed payouts....you gotta admit that they sure look good during periods like this one!