billpritjr
New member
imported post
The SP 500, NASDAQ, Japan Nikkei, and London FTSE are all deteriorating and heading lower, as indicated on their charts.
The US Markets, the SP 500 (C-Fund), and Wilshire 4500 (S-Fund), are beginning what appears to be a new downtrend.
I moved out of C/S and into "safe haven" G-fund. Better scoop up 3% in G rather than take 10, 15, 25% hits in the stock funds.
A 20% loss requires 40% gain to GET EVEN AGAIN. How many years till retirement for you guys? Do you have that much time? Can you wait around for that 40% just to GET EVEN AGAIN?
Hold on, lots of people will say "dollar cost averaging", buy more on the way down, its cheaper. America did that with Enron and Worldcom, didn't they.
Let me ask the real estate investors out there:
You want to invest in a house, with the obvious goal being that the house appreciate in value.
Neighborhood A = Houses falling apart, prices going down, and people moving out.
Neighborhood B = Nice houses, expensive houses, but steady price climb and people moving in.
What neighborhood you going to buy in?
Same thing with stocks.
Don't buy stuff on the way down.
I am into G-fund as of last week
Good Luck
Bill
GS-13
The SP 500, NASDAQ, Japan Nikkei, and London FTSE are all deteriorating and heading lower, as indicated on their charts.
The US Markets, the SP 500 (C-Fund), and Wilshire 4500 (S-Fund), are beginning what appears to be a new downtrend.
I moved out of C/S and into "safe haven" G-fund. Better scoop up 3% in G rather than take 10, 15, 25% hits in the stock funds.
A 20% loss requires 40% gain to GET EVEN AGAIN. How many years till retirement for you guys? Do you have that much time? Can you wait around for that 40% just to GET EVEN AGAIN?
Hold on, lots of people will say "dollar cost averaging", buy more on the way down, its cheaper. America did that with Enron and Worldcom, didn't they.
Let me ask the real estate investors out there:
You want to invest in a house, with the obvious goal being that the house appreciate in value.
Neighborhood A = Houses falling apart, prices going down, and people moving out.
Neighborhood B = Nice houses, expensive houses, but steady price climb and people moving in.
What neighborhood you going to buy in?
Same thing with stocks.
Don't buy stuff on the way down.
I am into G-fund as of last week
Good Luck
Bill
GS-13