For those "one the fence" potential buyers, how much money did your stocks drop while waiting

[aneftp]

Originally Posted by Phirenzic

The OP in this thread makes no sense. I don't know if it's bitterness or jealousy, but just because the stock market went down doesn't mean everyone automatically lost money. Like the bursting of the housing bubble, there were plenty of signs that the stock market was going to crash months before it actually happened.

Did people who didn't buy a house lose money in the stock market? Sure. But I'm willing to bet that people who were smart enough to sit out the housing bubble also transferred their money from volatile stocks to safer investments.

No I'm not jealous (maybe a little bitter). My friends and I were on the race to hit 2 million in investments/cash (outside of our home values) by the time we hit 35 and the race to 5 million by age 40. Just a little setback in our plans.

I gotta very nervous when BSC fell. But there's only so much you can pull out. Most of us were already at a 50% cash position.

Gotta find the next big thing. I'm not completely sold on this Obama alternative energy initiative.

[MovingIL]

Like a lot of the posters here, we are mostly (85% or so) in cash. Would never put money for a house in the stock market - I want the flexibility to be able to ride out a major downturn.