dex
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Oct 28, 2003
- Messages
- 5,105
If you young dreamers are averaging into the market - don't stop now. You will look back at this time as a great buying opportunity. If you stop your investments now you will most likely buy when stocks are higher and regret it.
I am retired and started averaging into the market last May and am still doing it. Most of my cash money will be fully averaged into the market by the end of this year. Do I wish I waited until today to begin - yes - I was off by about 8 months.
Stick with your plan.
I think others who are retired would agree with me.
As of 1/21 I am down by 7.6% of my mutual funds cost basis.
My investment allocation is below - I will be moving my other money into my mutual funds over the next few years.
So as you can see while I am retired; my investment plan is like a young working person.
One thing that makes me think that this decline will be short lived is how it is behaving. The sell off has been short and deep - a sharp pain. So this might not last long. If it was a slow sell off it might indicate a slow grind down that would inflict a lot long term pain.
If you are continuing to invest you might want to let others know so that they don't feel alone.
26.7% Mutual Funds 25.0% Cash 48.4% Foreign Exchange 100%
I am retired and started averaging into the market last May and am still doing it. Most of my cash money will be fully averaged into the market by the end of this year. Do I wish I waited until today to begin - yes - I was off by about 8 months.
Stick with your plan.
I think others who are retired would agree with me.
As of 1/21 I am down by 7.6% of my mutual funds cost basis.
My investment allocation is below - I will be moving my other money into my mutual funds over the next few years.
So as you can see while I am retired; my investment plan is like a young working person.
One thing that makes me think that this decline will be short lived is how it is behaving. The sell off has been short and deep - a sharp pain. So this might not last long. If it was a slow sell off it might indicate a slow grind down that would inflict a lot long term pain.
If you are continuing to invest you might want to let others know so that they don't feel alone.
26.7% Mutual Funds 25.0% Cash 48.4% Foreign Exchange 100%