Market SUCKS!

[jteezie]

Be glad you were on vacation and did not panic sell. You should also pay less attention to the markets unless you want to make it your day job. I work in this industry and I still believe in the passive investment strategies for my retirement accounts.

[jaro80]

Originally Posted by tripods68

Just came back from vacation; spent $2000 budgeted...and now the market keeps tanking, which I knew it would. But I didn't expect market to behave like this after the so-called "armageddon" averted; paper loss of about $6K in retirement so far. Hate this!!!!!

I still think this is a good time to buy. I purchased a home last time there was an "armageddon" and now the value is up 100k. I'm not in the market for stocks now, but i would still invest while thinks are a little shakey.

[tripods68]

This week was pitiful. I still believe we are DOW below 10K.

I'm just glad I've reallocated portfolio back in July to 60% bonds, 30% stocks 10% Cash. I'm might keep this allocation for a while.

[esb3357]

As far as I can see, the market dropping means buy, buy, buy.

[tripods68]

Originally Posted by esb3357

As far as I can see, the market dropping means buy, buy, buy.

True. But that problem many times you have to sell some of your holdings at a loss to buy OR just now getting back in
The market after being on the sideline for a while. Unless you have plenty in cash reserve to buy it's perfect time to buy. Unfortunately most people aren't in that situation. But I agree it's buy time!