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The Market

Discussion in 'Money & Finance Forum' started by VA49er, Oct 6, 2008.

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  1. Oct 6, 2008 at 3:47 PM #1
    VA49er

    VA49er Full Access Member

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    :bottomup:

    Hope ya'll got your hardhats on.
     

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  2. Oct 6, 2008 at 4:09 PM #2
    wolfpac

    wolfpac Full Access Member

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    Good time to continue buying.

    Hope this doesn't panic anyone into selling. Seriously bad time to sell but too many people get all :22_yikes:
     
  3. Oct 6, 2008 at 4:15 PM #3
    Hot Wheels

    Hot Wheels absolutely will never not

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    6 months to a year from now...it will be good.:beatnik2:
     
  4. Oct 6, 2008 at 4:31 PM #4
    token

    token I'm a lady

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    Have you factored inflation into your estimate? Or as the Fed Chairman likes to call it, HYPERINFLATION.
     
  5. Oct 7, 2008 at 7:57 AM #5
    jazzbluescat

    jazzbluescat superstar...yo.

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    I'm thinking more'n more that I'm up shitcreek without a paddle.
     
  6. Oct 7, 2008 at 8:26 AM #6
    VA49er

    VA49er Full Access Member

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    I'm still in the market but did some reallocating yesterday to shore up some of the risk. I'm thinking it's going down even more and I've already lost a quarter of my 401k.
     
  7. Oct 7, 2008 at 8:54 AM #7
    kshead

    kshead What's the spread?

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    Or it might be 10 years from now. :scared:
     
  8. Oct 7, 2008 at 8:55 AM #8
    chipshotx

    chipshotx Full Access Member

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    this seems more likely
     
  9. Oct 7, 2008 at 9:21 AM #9
    wolfpac

    wolfpac Full Access Member

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    From a lesson I learned from Sam Walton: "You've only lost it if you cash it out". He said this after a massive one-day drop in Wal-Mart's stock price and reporters were asking him what he would do about all the money he "lost".
     
  10. Oct 7, 2008 at 9:32 AM #10
    VA49er

    VA49er Full Access Member

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    True, but I was 100% stock with a heavy percentage in international. It was time to reallocate anyway.
     
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