Canadian Grunt
Recycles dryer sheets
What mistakes did you make in this Bear and what will you change regarding your portfolio moving forward. To make this a little easier to understand each others position, what is your timeline to retirement? Long (10+ years), short (less than 5), in retirement.
We all make mistakes; let’s admit some so we can learn from each other.
Myself, I won't be so eager to change asset mix and liquidate bonds to buy stocks after several significant drops in the market. This bear is going to be more significant than I thought. I am buying on yield and I didn't think the assets I was buying could realistically gain much more yield. Wrong!
I continue to buy all the way down because I don’t know where the market bottom will be. I just know this is a buying opportunity, or I might as well leave stocks for good. It is painful to watch what I thought was a good deal 2 days ago plunge further, but I see Warren Buffet doing the same so they must know something.
I have 15-20 years before I need the funds.
We all make mistakes; let’s admit some so we can learn from each other.
Myself, I won't be so eager to change asset mix and liquidate bonds to buy stocks after several significant drops in the market. This bear is going to be more significant than I thought. I am buying on yield and I didn't think the assets I was buying could realistically gain much more yield. Wrong!
I continue to buy all the way down because I don’t know where the market bottom will be. I just know this is a buying opportunity, or I might as well leave stocks for good. It is painful to watch what I thought was a good deal 2 days ago plunge further, but I see Warren Buffet doing the same so they must know something.
I have 15-20 years before I need the funds.