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February 7, 2008 at 7:58 AM in reply to: After Hours: Cisco Lays Malodorous Turd in Mr. Market’s Bed #149425February 7, 2008 at 7:58 AM in reply to: After Hours: Cisco Lays Malodorous Turd in Mr. Market’s Bed #149441
blackbox
ParticipantGreat! I hope the market goes down or stays flat for the next 10 years! I got lots of years of dollar cost averaging left in my future. 2 to 3 % down days are nibble times!
I still don’t understand why people who have decades to invest get worried when the market corrects. What, you want to keep buying at all time highs? that is a sure way to be screwed in your retirement years!
Max out your 401K, and invest $100 or $200 in your favorite mutual fund managers on big down days with your non-retirement funds, and you will be just fine!
February 7, 2008 at 7:58 AM in reply to: After Hours: Cisco Lays Malodorous Turd in Mr. Market’s Bed #149513blackbox
ParticipantGreat! I hope the market goes down or stays flat for the next 10 years! I got lots of years of dollar cost averaging left in my future. 2 to 3 % down days are nibble times!
I still don’t understand why people who have decades to invest get worried when the market corrects. What, you want to keep buying at all time highs? that is a sure way to be screwed in your retirement years!
Max out your 401K, and invest $100 or $200 in your favorite mutual fund managers on big down days with your non-retirement funds, and you will be just fine!
blackbox
ParticipantI hope the stockmarket stays flat or goes down for the next 10 years. Dollar Cost Average baby. Why would I buy at the top thru my 401K? Stay low, low, and low, and I will buy, buy, and buy! I hate to max in my 401K when the market is hitting new highs. I need new lows for the next decade or so, and then a couple of bull markets after that would be good to cash out.Why is everyone so concern. I’d dollar cost average into the hardest hit sectors right about now. Not gold at this point. That is just chasing new highs. That kinda investing is for the birds. I have 60% of my non-retirement funds in cash so I may start nibbling on stocks as the implosion continues. Every 2 to 3 % down market is a beautiful thing!
blackbox
ParticipantI hope the stockmarket stays flat or goes down for the next 10 years. Dollar Cost Average baby. Why would I buy at the top thru my 401K? Stay low, low, and low, and I will buy, buy, and buy! I hate to max in my 401K when the market is hitting new highs. I need new lows for the next decade or so, and then a couple of bull markets after that would be good to cash out.Why is everyone so concern. I’d dollar cost average into the hardest hit sectors right about now. Not gold at this point. That is just chasing new highs. That kinda investing is for the birds. I have 60% of my non-retirement funds in cash so I may start nibbling on stocks as the implosion continues. Every 2 to 3 % down market is a beautiful thing!
blackbox
ParticipantI hope the stockmarket stays flat or goes down for the next 10 years. Dollar Cost Average baby. Why would I buy at the top thru my 401K? Stay low, low, and low, and I will buy, buy, and buy! I hate to max in my 401K when the market is hitting new highs. I need new lows for the next decade or so, and then a couple of bull markets after that would be good to cash out.Why is everyone so concern. I’d dollar cost average into the hardest hit sectors right about now. Not gold at this point. That is just chasing new highs. That kinda investing is for the birds. I have 60% of my non-retirement funds in cash so I may start nibbling on stocks as the implosion continues. Every 2 to 3 % down market is a beautiful thing!
blackbox
ParticipantI hope the stockmarket stays flat or goes down for the next 10 years. Dollar Cost Average baby. Why would I buy at the top thru my 401K? Stay low, low, and low, and I will buy, buy, and buy! I hate to max in my 401K when the market is hitting new highs. I need new lows for the next decade or so, and then a couple of bull markets after that would be good to cash out.Why is everyone so concern. I’d dollar cost average into the hardest hit sectors right about now. Not gold at this point. That is just chasing new highs. That kinda investing is for the birds. I have 60% of my non-retirement funds in cash so I may start nibbling on stocks as the implosion continues. Every 2 to 3 % down market is a beautiful thing!
blackbox
ParticipantI hope the stockmarket stays flat or goes down for the next 10 years. Dollar Cost Average baby. Why would I buy at the top thru my 401K? Stay low, low, and low, and I will buy, buy, and buy! I hate to max in my 401K when the market is hitting new highs. I need new lows for the next decade or so, and then a couple of bull markets after that would be good to cash out.Why is everyone so concern. I’d dollar cost average into the hardest hit sectors right about now. Not gold at this point. That is just chasing new highs. That kinda investing is for the birds. I have 60% of my non-retirement funds in cash so I may start nibbling on stocks as the implosion continues. Every 2 to 3 % down market is a beautiful thing!
blackbox
ParticipantI don’t qualify for the rebate. The irony is that if I got the rebate, I would go out and spend it! Seems the people who pay the most taxes get nothing on a “rebate, and people that pay no income taxes get it. I save a good percentage of my earnings so I would definitely spend the $600 if I got it. I would hit the department stores with that cash, no problem. Does not look like many who qualify for the rebate will spend it on consumer goods. I think most of those people are in survival mood, which makes the rebate program into a welfare program, and not a stimulus program.
blackbox
ParticipantI don’t qualify for the rebate. The irony is that if I got the rebate, I would go out and spend it! Seems the people who pay the most taxes get nothing on a “rebate, and people that pay no income taxes get it. I save a good percentage of my earnings so I would definitely spend the $600 if I got it. I would hit the department stores with that cash, no problem. Does not look like many who qualify for the rebate will spend it on consumer goods. I think most of those people are in survival mood, which makes the rebate program into a welfare program, and not a stimulus program.
blackbox
ParticipantI don’t qualify for the rebate. The irony is that if I got the rebate, I would go out and spend it! Seems the people who pay the most taxes get nothing on a “rebate, and people that pay no income taxes get it. I save a good percentage of my earnings so I would definitely spend the $600 if I got it. I would hit the department stores with that cash, no problem. Does not look like many who qualify for the rebate will spend it on consumer goods. I think most of those people are in survival mood, which makes the rebate program into a welfare program, and not a stimulus program.
blackbox
ParticipantI don’t qualify for the rebate. The irony is that if I got the rebate, I would go out and spend it! Seems the people who pay the most taxes get nothing on a “rebate, and people that pay no income taxes get it. I save a good percentage of my earnings so I would definitely spend the $600 if I got it. I would hit the department stores with that cash, no problem. Does not look like many who qualify for the rebate will spend it on consumer goods. I think most of those people are in survival mood, which makes the rebate program into a welfare program, and not a stimulus program.
blackbox
ParticipantI don’t qualify for the rebate. The irony is that if I got the rebate, I would go out and spend it! Seems the people who pay the most taxes get nothing on a “rebate, and people that pay no income taxes get it. I save a good percentage of my earnings so I would definitely spend the $600 if I got it. I would hit the department stores with that cash, no problem. Does not look like many who qualify for the rebate will spend it on consumer goods. I think most of those people are in survival mood, which makes the rebate program into a welfare program, and not a stimulus program.
blackbox
Participant60% of non retirement funds in cash or CDs. That is going up by the hour, haha.
Besides 401K, which is already being dollar cost average, I plan to use some of my that 60% when the drop goes into pure panic.
As far as my 401K, which is taking a beating, I hope the market stays in a bear market for the next 2 to 3 years or more. I like the idea of investing long-term needed funds every month in a brutal bear market in the short term.
Buy low, sell high!blackbox
Participant60% of non retirement funds in cash or CDs. That is going up by the hour, haha.
Besides 401K, which is already being dollar cost average, I plan to use some of my that 60% when the drop goes into pure panic.
As far as my 401K, which is taking a beating, I hope the market stays in a bear market for the next 2 to 3 years or more. I like the idea of investing long-term needed funds every month in a brutal bear market in the short term.
Buy low, sell high! -
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