Posted by paul on January 14, 2009 at 22:21:08 from (66.44.132.127):
In Reply to: Denial? posted by Spook on January 14, 2009 at 16:48:11:
Well, if we had a crystal ball that worked, we could shuffle our money to whatever was at the bottom & moving up to the top. Then we would be a huge winner.
Put all our money in these at the right time, and get them out at the right time?
Microsoft. dot com businesses. Houses. Grains.
We'd all be billionares.
But, if our crystal ball is only human, and we have money in stocks right now, they have already lost 50% or so.
Smart person lets that ride, and keeps buying a few more every month.
Buy low, sell high.
If you need the money in the next 1-3 years, you shoulda got out of stocks & into safer, slow-growth stuff a couple years ago....
If you got 15+ years 'til you plan to use the money, keep riding the wave, stocks go up, stocks go down, get out when they are high & you plan to use the money in a couple years.
Abandon ship now, with 20 years until you plan to use the money????? That's abandoning the floating dingy & swimming back to the sunk ship! :)
Now, playing the market is a risk, and one should have a couple different investment plans. Stock market is always, and always has been, a big swing, runs inn cycles. One who is investing for their future should probably know this, and plan accordingly. You shouldn't have all your eggs in the same basket.
Right? Buy low, sell high. I don't know how much lower stocks will go, nor how long until they come back up again. But - if they lost 50%, and you don't need the money for for 20 years - it sure looks like this is a buying tome, not a selling time....
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Trenching With a Plow - by Staff. Introduction: This interesting information came from one of the discussion forums here at YT. We thought we should place it up front so it could be read by anyone interested in putting old iron to work. [Editor] I tried something new today, and it worked so well I thought I should post it - in case it might help someone else. I'm running 100 yards of 4" drain pipe from the gutter downspouts of our house to a pond down the hill. This should hel
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
