I don’t claim to be an expert, but am looking for opinions

[HLS]

Past performance is no guarantee of future results.
THINKING that it is, IS drinking the Kool-Aid.

That’s exactly what they want everyone to believe.

Most people cannot figure their return if dollar cost averaging into CD’s.
That’s how they want to keep it.

HLS

[nostradamus]

I agree with HLS and want to add that most fund managers indeed do not want you actively managing your retirement portfolio because if you did, you would see how their fees add up and you will bail out. Ever since my first 401(k) I realized that with some time and effort I can manage just as well as the so-called experts. Now I only have IRAs.

What more could a fund manager ask for: loads of money from someone who is not going to look at what’s going on for 30 years… Knowing what you know today, would you trust wall street boys with free reign on your nest egg for 30 years? By the time you need the money your fund manager would have changed 10 times. Anyhow I’m rambling, long story short: you can dollar-cost-average yourself. Set aside a fixed amount of money to invest each month and buy each month no matter what the market is doing. There, it’s dollar cost averaging.

[nostradamus]

I agree with HLS and want to add that most fund managers indeed do not want you actively managing your retirement portfolio because if you did, you would see how their fees add up and you will bail out. Ever since my first 401(k) I realized that with some time and effort I can manage just as well as the so-called experts. Now I only have IRAs.

What more could a fund manager ask for: loads of money from someone who is not going to look at what’s going on for 30 years… Knowing what you know today, would you trust wall street boys with free reign on your nest egg for 30 years? By the time you need the money your fund manager would have changed 10 times. Anyhow I’m rambling, long story short: you can dollar-cost-average yourself. Set aside a fixed amount of money to invest each month and buy each month no matter what the market is doing. There, it’s dollar cost averaging.

[nostradamus]

I agree with HLS and want to add that most fund managers indeed do not want you actively managing your retirement portfolio because if you did, you would see how their fees add up and you will bail out. Ever since my first 401(k) I realized that with some time and effort I can manage just as well as the so-called experts. Now I only have IRAs.

What more could a fund manager ask for: loads of money from someone who is not going to look at what’s going on for 30 years… Knowing what you know today, would you trust wall street boys with free reign on your nest egg for 30 years? By the time you need the money your fund manager would have changed 10 times. Anyhow I’m rambling, long story short: you can dollar-cost-average yourself. Set aside a fixed amount of money to invest each month and buy each month no matter what the market is doing. There, it’s dollar cost averaging.

[nostradamus]

I agree with HLS and want to add that most fund managers indeed do not want you actively managing your retirement portfolio because if you did, you would see how their fees add up and you will bail out. Ever since my first 401(k) I realized that with some time and effort I can manage just as well as the so-called experts. Now I only have IRAs.

What more could a fund manager ask for: loads of money from someone who is not going to look at what’s going on for 30 years… Knowing what you know today, would you trust wall street boys with free reign on your nest egg for 30 years? By the time you need the money your fund manager would have changed 10 times. Anyhow I’m rambling, long story short: you can dollar-cost-average yourself. Set aside a fixed amount of money to invest each month and buy each month no matter what the market is doing. There, it’s dollar cost averaging.

[nostradamus]

I agree with HLS and want to add that most fund managers indeed do not want you actively managing your retirement portfolio because if you did, you would see how their fees add up and you will bail out. Ever since my first 401(k) I realized that with some time and effort I can manage just as well as the so-called experts. Now I only have IRAs.

What more could a fund manager ask for: loads of money from someone who is not going to look at what’s going on for 30 years… Knowing what you know today, would you trust wall street boys with free reign on your nest egg for 30 years? By the time you need the money your fund manager would have changed 10 times. Anyhow I’m rambling, long story short: you can dollar-cost-average yourself. Set aside a fixed amount of money to invest each month and buy each month no matter what the market is doing. There, it’s dollar cost averaging.

[nostradamus]

[quote=peterb]Equities look bad for 2009. But I dont know how active you want to be in this market. It’s volitile as hell right now.[/quote]
I agree and don’t know how active you want to be; however I also worry that being too inactive will result in your cash (presumably in dollars) being eaten away by inflation and weakening exchange rates. Look at gold’s rally today, people are feeling the same way, getting out of stocks and regular savings and getting into gold.

[nostradamus]

[quote=peterb]Equities look bad for 2009. But I dont know how active you want to be in this market. It’s volitile as hell right now.[/quote]
I agree and don’t know how active you want to be; however I also worry that being too inactive will result in your cash (presumably in dollars) being eaten away by inflation and weakening exchange rates. Look at gold’s rally today, people are feeling the same way, getting out of stocks and regular savings and getting into gold.

[nostradamus]

[quote=peterb]Equities look bad for 2009. But I dont know how active you want to be in this market. It’s volitile as hell right now.[/quote]
I agree and don’t know how active you want to be; however I also worry that being too inactive will result in your cash (presumably in dollars) being eaten away by inflation and weakening exchange rates. Look at gold’s rally today, people are feeling the same way, getting out of stocks and regular savings and getting into gold.

[nostradamus]

[quote=peterb]Equities look bad for 2009. But I dont know how active you want to be in this market. It’s volitile as hell right now.[/quote]
I agree and don’t know how active you want to be; however I also worry that being too inactive will result in your cash (presumably in dollars) being eaten away by inflation and weakening exchange rates. Look at gold’s rally today, people are feeling the same way, getting out of stocks and regular savings and getting into gold.

[nostradamus]

[quote=peterb]Equities look bad for 2009. But I dont know how active you want to be in this market. It’s volitile as hell right now.[/quote]
I agree and don’t know how active you want to be; however I also worry that being too inactive will result in your cash (presumably in dollars) being eaten away by inflation and weakening exchange rates. Look at gold’s rally today, people are feeling the same way, getting out of stocks and regular savings and getting into gold.

[HLS]

The point is that CASH invested properly has no risk of principal…
Even DCA into the market on your own still has risks.

Debating the buying power of CASH is a different story.

Taking any equity positions; stocks, bonds, preferreds, ALL have an element of risk to principal.

You have absolutely NO GUARANTEE of future of your statement balance. Regardless of the last 250 years of past results.

The market is a legalized pyramid scheme.
you CAN make money, but you can also lose.

Dow down 449 today. NASDAQ down 109. Panic is setting in. There will probably be a rally based on lies, then the decline will resume.

Tens/Hundreds of BILLIONS of dollars of paper value (mental wealth) has disappeared, no different than house values from 2005.

There is no guarantee that it will return.

[HLS]

The point is that CASH invested properly has no risk of principal…
Even DCA into the market on your own still has risks.

Debating the buying power of CASH is a different story.

Taking any equity positions; stocks, bonds, preferreds, ALL have an element of risk to principal.

You have absolutely NO GUARANTEE of future of your statement balance. Regardless of the last 250 years of past results.

The market is a legalized pyramid scheme.
you CAN make money, but you can also lose.

Dow down 449 today. NASDAQ down 109. Panic is setting in. There will probably be a rally based on lies, then the decline will resume.

Tens/Hundreds of BILLIONS of dollars of paper value (mental wealth) has disappeared, no different than house values from 2005.

There is no guarantee that it will return.

[HLS]

The point is that CASH invested properly has no risk of principal…
Even DCA into the market on your own still has risks.

Debating the buying power of CASH is a different story.

Taking any equity positions; stocks, bonds, preferreds, ALL have an element of risk to principal.

You have absolutely NO GUARANTEE of future of your statement balance. Regardless of the last 250 years of past results.

The market is a legalized pyramid scheme.
you CAN make money, but you can also lose.

Dow down 449 today. NASDAQ down 109. Panic is setting in. There will probably be a rally based on lies, then the decline will resume.

Tens/Hundreds of BILLIONS of dollars of paper value (mental wealth) has disappeared, no different than house values from 2005.

There is no guarantee that it will return.

[HLS]

The point is that CASH invested properly has no risk of principal…
Even DCA into the market on your own still has risks.

Debating the buying power of CASH is a different story.

Taking any equity positions; stocks, bonds, preferreds, ALL have an element of risk to principal.

You have absolutely NO GUARANTEE of future of your statement balance. Regardless of the last 250 years of past results.

The market is a legalized pyramid scheme.
you CAN make money, but you can also lose.

Dow down 449 today. NASDAQ down 109. Panic is setting in. There will probably be a rally based on lies, then the decline will resume.

Tens/Hundreds of BILLIONS of dollars of paper value (mental wealth) has disappeared, no different than house values from 2005.

There is no guarantee that it will return.

[Author]

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