rsingh6675
Recycles dryer sheets
- Joined
- Nov 16, 2008
- Messages
- 126
I have a question about stop loss, since I have lost good amount of fortune and am waiting to get even!!! An example---I bot MON @ $113 in Dec 2007. It went up to ~$142 and I didn't sell (LONG TERM BUY!!). Now this thing is around $72. So my question is when should I have put stop loss, @$142, @113 or @$100?
Or should I get out of it now?
This question also applies to all my mutual funds, some of which are down to >50% (Example DODGX down from $162 (my buying price) to current price of $73.57). Very frustrating for someone who wants to retire.
Any ideas which are some GOOD CONSERVATIVE RETIREMENT FUNDS where you don't loose your shirt. I used to think DODGX was a good fund, but never thought, I will loose 55% of my retirement money!!!!
Or should I get out of it now?
This question also applies to all my mutual funds, some of which are down to >50% (Example DODGX down from $162 (my buying price) to current price of $73.57). Very frustrating for someone who wants to retire.
Any ideas which are some GOOD CONSERVATIVE RETIREMENT FUNDS where you don't loose your shirt. I used to think DODGX was a good fund, but never thought, I will loose 55% of my retirement money!!!!