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
Stock Market… this isn’t good IMO
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="Raido Free America" data-source="post: 3880641" data-attributes="member: 45328"><p>I retired at 56 in 2002. It was over 5 years before I could start early SS benefits. We depended on income from our savings mostly our 401K. I have been retired 20 now, and have learned a few things. The economy goes up and down, and if you invest in the stock market, mutual funds, etc. you have to learn to deal with the ups and downs! The first thing you need to do is turn off the TV! The jerks giving all these warnings don't know any mlre than we do, if they did they would'nt be working! Get a good/reputable financial adviser, be very careful of get riv ck quick sceems, We use Edward Jones, and find an agent that strikes you as knowledgeable, and follow his advice! I keep weekly track of our investments. ONE piece of advice I would give is, you have two things to overcome, to be a successful investor, FEAR, AND GREED! iF YOPU ARE SYTILL WORKING AND INVESTING IN A 401k, YOU WANT THE MARKET TO BE DOWN, WHEN ITS DOWN, LIKE NOW, YOU, AND YOUR EMPLOYER, ARE BUYING BARGANS!! MAKE GOOD, WELL THOUGHT OUT CHOICES, THEN STICK WITH THEM! we live a comfortable life, have no debts, don't waste money, but travel and do anything that we want to do, and STILL HAVE THE SAME NEST EGG WE STARTED WITH, 20 YEARS AGO!!</p></blockquote><p></p>
[QUOTE="Raido Free America, post: 3880641, member: 45328"] I retired at 56 in 2002. It was over 5 years before I could start early SS benefits. We depended on income from our savings mostly our 401K. I have been retired 20 now, and have learned a few things. The economy goes up and down, and if you invest in the stock market, mutual funds, etc. you have to learn to deal with the ups and downs! The first thing you need to do is turn off the TV! The jerks giving all these warnings don't know any mlre than we do, if they did they would'nt be working! Get a good/reputable financial adviser, be very careful of get riv ck quick sceems, We use Edward Jones, and find an agent that strikes you as knowledgeable, and follow his advice! I keep weekly track of our investments. ONE piece of advice I would give is, you have two things to overcome, to be a successful investor, FEAR, AND GREED! iF YOPU ARE SYTILL WORKING AND INVESTING IN A 401k, YOU WANT THE MARKET TO BE DOWN, WHEN ITS DOWN, LIKE NOW, YOU, AND YOUR EMPLOYER, ARE BUYING BARGANS!! MAKE GOOD, WELL THOUGHT OUT CHOICES, THEN STICK WITH THEM! we live a comfortable life, have no debts, don't waste money, but travel and do anything that we want to do, and STILL HAVE THE SAME NEST EGG WE STARTED WITH, 20 YEARS AGO!! [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Stock Market… this isn’t good IMO
Search titles only
By:
Top
Bottom