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Posted

I am trying to keep the big picture and long term in mind as I assess markets. I have not moved any of our money out of equities. in fact I have some in high yield savings I might move INTO mutual funds to take advantage of this dip.

 

our retirement accounts are taking a beating. tens of thousands in paper losses.


Posted
I am trying to keep the big picture and long term in mind as I assess markets. I have not moved any of our money out of equities. in fact I have some in high yield savings I might move INTO mutual funds to take advantage of this dip.

 

our retirement accounts are taking a beating. tens of thousands in paper losses.

 

I have a feeling that this could be an extended downturn and the start of a recession as housing option ARMS reset over the next couple years and the credit crunch makes borrowing more expensive.

 

My Roth and 401k is invested in stock mutual funds. I have a 35 year time horizon. I did sell 50% and moved it to intermediate bonds, until this credit/mortgage issue gets fleshed out in the market. Investment performance was up 17% since the beginning of the year, now its down to 5%.

 

I'm still buying equity mutual funds as I contribute to the Roth and 401(k) - at a discount and using dollar cost averaging...

Posted

My portfolio lost $600 yesterday alone. I woke up today and dow is down 300, logged into account, but it somehow held up the same level from yesterday despite the market drop.

 

I'm not going to say markets won't go lower, they could in fact go much lower. But lets face it, the dow, nasdaq, s & p 500, are down 10% from their highs a month ago. We may not be out of the woods for awhile, but at the very least have already endured a healthy chunk of the beating.

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The last post in this topic was posted 6450 days ago. 

 

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