(like Buddhism which many people think of as a rellgion though it is not).
What is Buddhism if not a religion?
mP
The way I understand it, Buddhism teaches how one can find enlightenment, and how people can live in harmony, but does not really talk about a Creator of the Universe. So, Buddhism is really a philosophy of life, and does not ask for the answer to the ultimate question "Who is my Creator".
Over time, it evolves into a religion-like, with all the ritual beliefs that are common among its practitioners.
I might be corrected by more knowledgeable members.
Hey, the days not over yet.
Nothing is over until WE decide it is!!!
Well, today 7/24/08 was over with the Dow dropping 283 points!
Step up to the plate and buy!
I was buying, I was buying... $20K worth, a small portion of the cash hoard. Same as several forum members, I have loads of cash, because I unloaded some positions earlier in the year, particularly my wife's megacorp stock in her 401k (a financial co!)
The day started out benignly enough. Several companies reported
decent earnings, and even upped their guidance. So, I picked up some that I had sold earlier in the year, such as GR. Slowly, slowly they drifted into the red. When that happens, I have to console myself with the fact that I buy them back at a lower price than when I sold. I didn't make money, just lose less than if I buy-and-hold.
When a good news doesn't prop up stocks, it's BLEAK. I am saying the bearish sentiment is still there. Investors do not believe the company's own outlook.
Hey, we finally lump-summed most of our taxable into Vanguard on Monday. Two decent days blown away by one really bad day, even with a 40/60 portfolio. I don't think there is a safe way to invest these days. I suppose we could have kept the funds in our money market earning 3+%, but I doubt it would stand the test of time for an early retirement.
Damned if we do, damned if we don't.
The question is which way would you be more damned.
I still got 50% cash, still looking to slooowly buying back in. This bear market will last a while. I am in no hurry.