dex
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Oct 28, 2003
- Messages
- 5,105
S&P down 6.12% to 806.58 - Below the 2001 low - looking for support now - I have now idea where that is.
I have about 13% of my money to invest in the stock market still available.
Remember this adage - "The market teaches you to loose."
We were taught -
Buy and hold
Buy the dips
The stock market is a good investment - over time
A sharp decline means a sharp recovery.
The bear market is wiping away everything we believed in.
It is also wiping away all those advisers. There will be more to replace them - those that say they called this decline.
I feel stupid for buying a new house in 2006.
I feel stupid for buying for averaging into the market starting in May 2006
That is part of the bear market - it takes away your self confidence.
Are you feeling stupid?
I hope you have the ability to sit tight and take the long view - I know it isn't easy.
The above is similar to the thread I started below. But I felt the need to say it. I'm feeling stupid but staying the course.
http://www.early-retirement.org/forums/f28/why-bear-markets-hurt-so-much-39992.html
I have about 13% of my money to invest in the stock market still available.
Remember this adage - "The market teaches you to loose."
We were taught -
Buy and hold
Buy the dips
The stock market is a good investment - over time
A sharp decline means a sharp recovery.
The bear market is wiping away everything we believed in.
It is also wiping away all those advisers. There will be more to replace them - those that say they called this decline.
I feel stupid for buying a new house in 2006.
I feel stupid for buying for averaging into the market starting in May 2006
That is part of the bear market - it takes away your self confidence.
Are you feeling stupid?
I hope you have the ability to sit tight and take the long view - I know it isn't easy.
The above is similar to the thread I started below. But I felt the need to say it. I'm feeling stupid but staying the course.
http://www.early-retirement.org/forums/f28/why-bear-markets-hurt-so-much-39992.html