The money i put every month I hope will be there when I'm 70. I take a look a few times a year how it's doing.
Been there since 1996 and doing fine.
*Investors Blog*
- Thread starter Warstud
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Been there since 1996 and doing fine.
Time in the market baby!
Nikkei opens in 2 hours - 8PM EST.
I might look today.
I might look today.
Even 5% is really nothing to worry about.
When 5 years old to ~55 yo. Agree.
But around 60-75 yo - can't handle it!!!!!!!!!!!!!!!!!!!!!
At 80-90-100 yo doesn't matter anymore.
Of course I'm kidding, but you see what I'm talking about. Humans a) hate to lose b) think they won't have time to make it up
It was Buffet or one of those guys: "The secret is to never lose money"
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As in "not timing the market" ?
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You'll lose whatever the broader indices loses. If that was 10% since July and you're half in cash, then 5% is right in line with everyone else. Nothing you can really do.I am a math idiot. To figure this out, I take my total dollar amount in my portfolio and multiply it by 2% and that is an acceptable loss. Yes? If more than that, my portfolio is too aggressive? If that is correct, then since July 5th, I have lost 5%, and that doesn't count today. I have 49% percent in stocks, 47% in cash, and 4% in bonds, real estate, and fixed income.
I thought I was doing well...
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None of those platforms are serious platforms. Consider Fidelity, with trillions in AUM, fails when you need it most. As long as you don't need their "services", they "work".
Did Fidelity really fail today? Worked for me.
When 5 years old to ~55 yo. Agree.
But around 60-75 yo - can't handle it!!!!!!!!!!!!!!!!!!!!!
At 80-90-100 yo doesn't matter anymore.
Of course I'm kidding, but you see what I'm talking about. Humans a) hate to lose b) think they won't have time to make it up
It was Buffet or one of those guys: "The secret is to never lose money"
You can always get a job at Walmart collecting shopping carts if your account blew up.
Just kidding.
It's a good idea to have enough "cash or money in CD's" to go for a while in order for the market to catch up. The economy appears to be in fairly good shape right now. August is historically a month that can fluctuate quite a bit in the market. Hope the panic sellers keep it to a minimum. There are a lot of whales out there sitting on the sidelines waiting for things to go down a bit then they buy up. Nobody really knows what the outcome will be without a good crystal ball.
Here it is.
Funny, was just coming in to post this, actually now 10% higher/ The market to me isn't close to the last act, maybe I am personally sticking my head in the sand but I dont buy a recession or a market crash. Still lots of wealth floating around, enjoying life. Maybe just because where we live, I dont know but I see no signs of any slowdown in our little sphere along the coast.
I think this is healthy right now and better off.. then again, I am saying that because Japan is rebounding 10% in early trading.
JHZR2
Staff member
Yes, EWJ.
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In the morning, many were shut out of the web app. ATP worked, however.
