My Dream
Full time employment: Posting here.
it's at 13,176.21 down -228.25. I've been following it for about 6 months now since I've been trying to figure out this whole investment world, and I don't think that's normal.
audreyh1 said:It's not time to go shopping yet either. At least not for me. I like to see at least a 5% correction if not 10%.
Audrey
eridanus said:Argh!! What if it goes down 2% tomorrow and 2% Thursday?!? I think we're in for a spiral down into the abyss.
I'm out. I'm going 100% bonds.
Spanky said:Would cash be better?
kcowan said:Will this be the start of a major correction? I dunno. Where will the money go?
Real estate? No
Bonds? Don't think so.
Gold? Maybe...
eridanus said:Argh!! What if it goes down 2% tomorrow and 2% Thursday?!? I think we're in for a spiral down into the abyss.
I'm out. I'm going 100% bonds.
I'm out. I'm going 100% bonds.
b33v3r ch33z3 !!Would cash be better?
when the market's riding high
that's the time to sell, not buy
when the market's gone to hell
that's the time to buy, not sell
audreyh1 said:OK - it looks like the S&P finally made the 2% correction from recent high it has avoided for a very, very long time.
d said:b33v3r ch33z3 !!
i remind you:
when the market's riding high
that's the time to sell, not buy
when the market's gone to hell
that's the time to buy, not sell
Want2retire said:Don't you hate it? I do, too. I lost a little last May or June, when the market dipped. That is because I went from 75% stocks to 60% as it was headed downwards. Afterwards I felt stupid. I left it there, though, because I know it could happen again and apparently I don't have the guts to stick it out with 75% stocks.
We work all of our lives for predictable paychecks, plodding along, and then when we have money to invest, we expect ourselves to adjust nicely to random wild vagaries of the market. There's something wrong with that picture. Maybe I can convince myself that this would be a great opportunity to buy. (sigh)
Time to me to re-read Bernstein's Four Pillars and Swedloe's book. Not that I don't practically sleep with them these days.
Running_Man said:So this means you suggest selling now while the market is high? Or that a 2% decline is an indication the market has gone to hell and now is the time to buy.
Hamlet said:Note-- I am 100% equities (I have a fair amount in REITs though).
In 2002, I too had very little invested. I figured my company match, and the tax delayed status of my 401K made up for the slump so I kept contributing the maximum and felt it was a learning experience. You're right - - it's a whole lot more intimidating when there's more zeros at stake.Hamlet said:I'm 34. My portfolio is much, much bigger than the last time I had to ride out a big correction (2002). It didn't faze me (much ) then, but I'm wondering if I have the stomach to go thru a 25% correction now that there is another zero on the end of the numbers. We will see
Note-- I am 100% equities (I have a fair amount in REITs though).
audreyh1 said:It's not time to go shopping yet either. At least not for me. I like to see at least a 5% correction if not 10%.
Audrey