stock market and nintendo wii

[moneyclass]

ever watch that commerical about the wii the guy lets go of his controller and it hits the tv and breaks it.....well thats how i feel with the stock market lately.

stocks have been getting hammered lately.

[bjl584]

The commodity bubble is bursting a bit. The markets are just correcting themselves.

[shanecurran]

Is that a southwest commercial? Wanna get Away?

[jpg7n16]

Originally Posted by moneyclass

ever watch that commerical about the wii the guy lets go of his controller and it hits the tv and breaks it.....well thats how i feel with the stock market lately.

stocks have been getting hammered lately.

so are you looking to buy or sell stocks?

If you're the young guy in your photo, you are likely in the accumulation phase of your life, and you should be really happy when prices go down.

I'm not sure why you're so angry that you get to pay less for your stocks...

'awww man! I had to only pay $25 for these shares of Microsoft. Yesterday I could have paid $30/share! this sucks.'

Sorry?

[moneyclass]

Originally Posted by jpg7n16

so are you looking to buy or sell stocks?

If you're the young guy in your photo, you are likely in the accumulation phase of your life, and you should be really happy when prices go down.

I'm not sure why you're so angry that you get to pay less for your stocks...

'awww man! I had to only pay $25 for these shares of Microsoft. Yesterday I could have paid $30/share! this sucks.'

Sorry?

Yeah im young and yeah I am in the market for the long term...pretty much gonna be my retirement so dont need it for another 30 yrs. Still hate to see the dow going down for myself and others. wish it was the ninties again with the tech and things just went up everyday. guess we cant get that lucky anymore. oh well.

[jpg7n16]

Originally Posted by moneyclass

Still hate to see the dow going down for myself and others.

why do you feel that way?

aren't you and them looking to buy? Lower stock prices benefit people looking to buy.

If you're 40-45 and the stock market goes down, you should have nothing to fear. You've got 20-25 years till normal retirement age. That's 20-25 years to buy more businesses at lower prices.

the only people who should be concerned about lowering stock prices are people in retirement, or who are otherwise living off the income from their investments. And they should have allocated a good portion of their accounts away from stocks to decrease the fluctuations in their income from investments. So stock prices shouldn't affect them as much.

[disneysteve]

Originally Posted by jpg7n16

the only people who should be concerned about lowering stock prices are people in retirement, or who are otherwise living off the income from their investments. And they should have allocated a good portion of their accounts away from stocks to decrease the fluctuations in their income from investments. So stock prices shouldn't affect them as much.

And even for those people, if they are living off the income, the stock price doesn't matter as long as the companies keep paying the same dividends.

[niti18agarwal]

The stock price doesn't seem to increase.

[mcfroggin]

I'm hoping it continues to go down a little further. It creates great opportunities.

[maynard]

In 09 when the market was in the crapper, i increased my 401k contributions by several points. When i told my family i did this they looked at me like i had antlers growing out of my head.

Im very glad i did.