This is why my TSP accounts are closely monitored and moved into low risk accounts when needed. I am counting on these accounts to subsidize my retirement.
My “play” stock money is a different story. I have a bit invested into FNM now (800 shares), but I am seriously considering putting five to ten grand into it next year (FNM). Ten grand would be a slug in the gut to lose, but I would be okay and not hurt financially if I lost it. Maybe it isn’t a smart move to compare it to the stock market crash from years ago, but it is my gut feeling that now is the time to load up.
Oh that’s a gorgeous color on you! My hair got too gray to keep up with the red (it looked horrible the minute it started to grow out), so now I’m using a dark blonde color, but my hair’s got so much natural red in it, that it mostly looks light brown, and occasionally has some reddish hue to it depending on the light. Kind of hard to tell since I’m mostly cut off, but this is the most recent picture of me with the lighter hair color.
The problem with articles such as these, is that they’re trying to argue a point based on two points in a time line of investing. I’m sure two different points can be found to debunk ‘losing 15% in a decade’. Change the data points from 1996 to 2006, and you’ll see something way different.
I see several arguments about “the bottom” early in the thread. You can avoid the issue of “the bottom” by dollar cost averaging.
ETA: Also, the bottom will only be known in hindsight, way after it has reached the bottom. A bottom cannot be known until after the fact.
It’s an interesting article but it doesn’t tell you anything about stocks that anyone who invests in stocks shouldn’t already know. Basically that:
-past performance does not indicate future results
-higher risk also means a greater chance that a stock can go down as well
-People should not put money they can’t afford to lose into stocks
“These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again.”
But that’s not to say that the collapses that are due next year won’t cause it to be nationalised at the price of 1/10 of a cent per share as the alternative to it going under.
This is not a prediction nor advice. Legally I’m not to do either. But I’d be very careful about jumping on a private group right now because ‘they’re too big to fail’.
