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Down 7% in last week. I sold off my bond holdings to buy more equities this morning
Balance today in retirement IRA is exactly what it was at the beginning of the year. Lost 7% YTD gains. Right now, I'm even. Sold one bond fund today - teensy loss, may sell another tomorrow - and use that cash to buy - at some future point, not just yet - into some of these beaten down funds that were sooooooo highly profitable over the past 10-15 years. Nothing wrong at all with any of these five star funds other than this correction. Got enough cash outside this trading to cover at least 3-5 five years needs, so gonna double down, I think. Don't play individual stocks, or I'd do options and/or margin. Too old for that game and don't know enough.
Don't know and I don't care. I look at the statements twice a year. The investment strategy stays the same irregardless of short term noise.
Again, stupid investing strategy lol. Why are you holding through the height instead of selling and waiting on the sidelines for the bottom (or discount period) to come around again?
Just buy and hold forever? Lol, what in the hell kind of investing do you guys do around here?
Again, stupid investing strategy lol. Why are you holding through the height instead of selling and waiting on the sidelines for the bottom (or discount period) to come around again?
Just buy and hold forever? Lol, what in the hell kind of investing do you guys do around here?
Not a stupid investing strategy at all. This method will keep you from making brash decisions due to short term fluctuations in the market. Trying to time the top and bottom of a market cycle is way more dangerous than just staying the course.
I haven't lost a thing. I still have the same number of shares as I did last week, and now I'm buying more shares at lower prices. I've still got another 20 years to go, so what's to worry about?
Not a stupid investing strategy at all. This method will keep you from making brash decisions due to short term fluctuations in the market. Trying to time the top and bottom of a market cycle is way more dangerous than just staying the course.
So you are telling me that people should have bought Stocks when the DOW was over 18,000 and held them for 20 years? The only way they would see a profit was if the DOW went to 19,000 or 20,000 or higher. Do you really think the DOW will EVER (and I mean ever) go that high?
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