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So I'm a chicken...
Old 11-12-2008, 11:39 AM   #1
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So I'm a chicken...

Market Dispatches - MSN Money

With all the "deals" out there I still can't get myself to invest in any of them. I don't have a clue on the bottom, and I don't want to make a move until I finish reading . Can someone talk me out of it?
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Old 11-12-2008, 12:13 PM   #2
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Market Dispatches - MSN Money

With all the "deals" out there I still can't get myself to invest in any of them. I don't have a clue on the bottom, and I don't want to make a move until I finish reading . Can someone talk me out of it?
I got all of my 2007 and 2008 Keogh deposits into stock funds in June and Sept., of course, only to see those funds decline.

My plan was to re-balance some bonds into stocks at the beginning of Nov. But, like you, I'm putting it off. I'm telling myself it doesn't matter where the bottom is, just keep on investing in stocks. I've never hit an absolute high in selling but have been close enough, the same applies to buying low. Maybe I'll buy again at the beginning of December, or January. It remains on the "to-do" list.
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Old 11-12-2008, 01:09 PM   #3
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I keep buying every 2 weeks. I know I will get in at the bottom (or darn close) just don't know when it will be...

I bought at the peak too but didn't know it at the time.

Finish your reading. I think you will have plenty of time to buy while prices are low

DD
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Old 11-12-2008, 03:25 PM   #4
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Throw your max in your TSP and watch it grow over the years when it comes back! You will be laughing at all those who didn't get in!

I HAD made close to $10K in it over the last few years, but now I am in the red, but I don't care....I still have 20 years before I can even touch it!
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Old 11-12-2008, 06:38 PM   #5
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Can someone talk me out of it?
Classic paralysis by analysis, a common affliction of the "intelligence" community.

You need an operational type to snap you out of it.

So here's some operational type: put half of your TSP contribution in the "S" fund, put the other half in the "I" fund, and keep reading Bernstein's "Four Pillars".

Or put your TSP contribution in the "L" fund, put all your other taxable savings in a Vanguard or Fidelity lifecycle retirement fund, take a break from your investing education, and go shopping for 2LT insignia...
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Old 11-12-2008, 06:56 PM   #6
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If I knew where the bottom was in the past and where it will be in the future, I'd be a very wealthy woman...but as it is I have enough. I am and will remain in the stock market. As long as people need/want stuff, I'll make money.
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Old 11-12-2008, 08:56 PM   #7
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I second Nords. You've got such a long time horizon that getting in now, even if it's not at the bottom, won't matter much to you. Personally I'd go with 1/3 each in C, S, and I.

See my reply in this thread for my take on the question of whether to stay in (the same reasoning applies for getting in):
Is it just me, or are you also seeing...
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Old 11-13-2008, 02:22 PM   #8
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Classic paralysis by analysis, a common affliction of the "intelligence" community.

You need an operational type to snap you out of it.

So here's some operational type: put half of your TSP contribution in the "S" fund, put the other half in the "I" fund, and keep reading Bernstein's "Four Pillars".

Or put your TSP contribution in the "L" fund, put all your other taxable savings in a Vanguard or Fidelity lifecycle retirement fund, take a break from your investing education, and go shopping for 2LT insignia...
Oh I'm still buying. Everything has been automatic so I don't think about it. TSP has been L2040 (50%), S (25%), and I (25%) since Feb 2007. The leftovers go into a Fidelity 2040 since Jan 2008. This was before I started reading .

And this is exactly how I feel:

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Originally Posted by frayne View Post
Screw it, I'm going down with the ship.
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Originally Posted by FinanceDude View Post
Funny you should mention that, I talked to another advisor today I know. His comment?:

"I feel like I'm a member of the band playing on the deck of the Titanic".......


Next up:

- Take the AFOQT after the deployment (Feb)
- Apply for a Master's degree program in D.C. (Mar)
- Take the E5 promotion test (Apr)

I hope that is enough diversification


And yes I'm still a chicken when it comes to individual stocks...
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Old 11-13-2008, 04:56 PM   #9
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And yes I'm still a chicken when it comes to individual stocks...
Nothing wrong with that.

You could go your entire life without getting sucked into the stock-picking morass, where the tuition can be more expensive than the profits...
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Old 11-13-2008, 06:48 PM   #10
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Nothing wrong with that.

You could go your entire life without getting sucked into the stock-picking morass, where the tuition can be more expensive than the profits...
Yep - that and watching football.



heh heh heh - And whatever you do don't bet on the games!
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