Comments on: Current Market Conditions Encourage Bad Decisions – Don’t Make The Same Mistakes

By: Writer's Coin

Writer's Coin — Mon, 14 Jan 2008 12:49:12 +0000

Way to keep a cool head. I’m with you on this one. Drastic decisions, in my opinion, include investing the whole Roth contribution for 2008 this early. I just don’t know what it would force me to do if I bought all-in now and the market continued downward. It might encourage further silly decisions.

By: David

David — Thu, 10 Jan 2008 14:16:07 +0000

Pretty good buying opportunity right now. It would seem that the US stock market must continue to go up long term if only because the dollar will continue to devalue.

By: Money Blue Book

Money Blue Book — Wed, 09 Jan 2008 20:56:29 +0000

It’s important not to trade on emotions alone…it never pays to panic and invest. Invest for the long haul and it should pay off (long haul= more than a year).
-Raymond

By: oxymoron

oxymoron — Wed, 09 Jan 2008 02:32:03 +0000

slow and steady wins the race. but 100% bonds at 25? what gives? Lazy Man is 100% correct in his post.

By: Jeremie B

Jeremie B — Wed, 09 Jan 2008 01:40:15 +0000

Jeremy,

I am guessing that most of your clients are a little older correct or are 35-40 year olds calling you too? I know it’s difficult watching these market fluctuations, but overall, isn’t a great time to buy over the next year. Purchasing on highs isn’t always the best idea.

I think reoccurring investments (monthly contributions) would be such a long-term success plan. Are you still recommending mutual funds versus companies that are still trucking along like KO, MO and UN?

By: cytoman

cytoman — Tue, 08 Jan 2008 21:24:27 +0000

Normally I would dollar cost average. Due to the current market conditions I’m considering investing the maximum annual Roth IRA contributions for my wife and I. The only thing holding me back is wondering if it will go lower. I started investing in 1998 and saw fantastic gains until early 2000. I didn’t sell but I was “in the hole” for several years before I recovered. From that point I decided never to judge my selling urges by the market. Now I consider these market down turns as a buying opportunity. My asset allocation and the years until my retirement determine what and when I sell.

By: Real Estate Guy

Real Estate Guy — Tue, 08 Jan 2008 14:21:32 +0000

This shows how impatient people are and how easy it is for market players to play with their minds to their benefit.

By: KMC

KMC — Tue, 08 Jan 2008 11:06:22 +0000

People are often their own worst enemy when it comes to things like this. As you say, if something’s a good idea today, it will be a good idea tomorrow. Sleep on it before making major moves, I say.

By: balootisme

balootisme — Tue, 08 Jan 2008 06:30:37 +0000

thanks genxfinance for this lovely…

its was the life of business because of up and down..

By: Jeremy

Jeremy — Tue, 08 Jan 2008 02:10:40 +0000

Right, it is normal to feel a little disappointed when you lose money, but that just shouldn’t be a basis for doing something extreme.

I’m not too thrilled with my recent performance, but like Webomatica said, since most people are doing systematic contributions, this just means you’re picking up some shares at a discount. They will go up once again.