Quote:
Originally Posted by Got Stripers
Killing me watching it going up 1000, down 2000, up a 1000, down a 1000; obviously hindsight is 20/20, but boy I wish I'd pulled out of the stock market earlier. I'm not heavily invested in stocks but enough to make it sting, I've watch two years of gains evaporate in my overall portfolio, it will take a really robust rebound after and several years likely to recover. Thankfully I'm retired and will be fine even with the pain, but man I can't imagine the hurt some of the younger investors are feeling now, or someone planning on retiring in a couple years.
Money can't buy you happiness, but it can make you crazy if you let it.
|
theres no hurt for younger investors decades away from needing the retirement money. only opportunity. tremendous opportunity. If my wife was working (she's in school instead), I'd take out a $50,000 mortgage right this second and out it in an S&P 500 index fund.
You haven't lost a nickel, until you sell. This is when you buy, not when you sell.
Posted from my iPhone/Mobile device