Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Market Sell Off...
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="CoronaBorealis" data-source="post: 3164520" data-attributes="member: 43847"><p>If you're going to get in the market, now is as good a time as any. Generally speaking, today is the cheapest the market will ever be. Now is an especially good time with the pull back. </p><p></p><p>I don't ever touch my money in a market slump. Some people were mentioning moving their money to more conservative investments during times like this. If you do this with current investments, you are actualizing the losses. If you do it with new money, you're passing up the opportunity to buy at really discounted prices. </p><p></p><p>The best strategy you can use is determine what level of risk you are comfortable with and then stick with that strategy until your comfort level changes. If your comfort level is determined by how well the market is or is not doing, you need to reevaluate your actual comfort level. I'm 36 and completely content to see the market drop 10%. Granted I don't want to see that, but I'd be fine with it because I'm young and am investing new money every two weeks. Reevaluate your strategy once a year and leave it alone. You can go more conservative or more aggressive during that time, but trying to chase the gains or minimize losses by reacting to fluctuations throughout the year will only lead to heartache.</p></blockquote><p></p>
[QUOTE="CoronaBorealis, post: 3164520, member: 43847"] If you're going to get in the market, now is as good a time as any. Generally speaking, today is the cheapest the market will ever be. Now is an especially good time with the pull back. I don't ever touch my money in a market slump. Some people were mentioning moving their money to more conservative investments during times like this. If you do this with current investments, you are actualizing the losses. If you do it with new money, you're passing up the opportunity to buy at really discounted prices. The best strategy you can use is determine what level of risk you are comfortable with and then stick with that strategy until your comfort level changes. If your comfort level is determined by how well the market is or is not doing, you need to reevaluate your actual comfort level. I'm 36 and completely content to see the market drop 10%. Granted I don't want to see that, but I'd be fine with it because I'm young and am investing new money every two weeks. Reevaluate your strategy once a year and leave it alone. You can go more conservative or more aggressive during that time, but trying to chase the gains or minimize losses by reacting to fluctuations throughout the year will only lead to heartache. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Market Sell Off...
Search titles only
By:
Top
Bottom