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08-25-15, 06:33 PM
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#161 | |
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Native
Join Date: Jul 2013
Posts: 1,804
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Quote:
To someone (even in retirement) who is well-diversified, has a properly allocated portfolio, and believes in capitalism (which is, essentially, what the stock market represents), all of this noise should, for the most part, be ignored. Corrections are part of a normal, healthy economy and should be expected and planned for in deciding one's diversification and allocation.
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I'm so old I remember when men wore tattoos and women wore earrings. -Lefty Kreh |
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08-26-15, 04:16 PM
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#162 |
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Former NGTO President, Sith Lord, FKA Bhuk Henri
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+619 points; that's more like it! Early retirement plan is back on track!
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Message sent from your mom's bedroom during pillow talk Buck Henry Simple Goat Herder Former NGTO President Hall of Fame Member |
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08-26-15, 04:21 PM
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#163 |
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Past Director, Hall of Fame Member
Join Date: Jun 2004
Location: Johns Creek, GA
Posts: 6,980
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Well, that's better than a poke in the eye but we're not out of the woods yet. I'm expecting a smaller correction (or two or three) once the Fed announces rate hikes. They may not do so this year - the economic conditions don't demand a hike - but it's coming.
My bond funds might appreciate a bit of inflation.
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"What's his offense?" "Groping for trouts in a peculiar river." ― William Shakespeare, Measure for Measure |
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08-27-15, 04:07 PM
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#164 |
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Former NGTO President, Sith Lord, FKA Bhuk Henri
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Another banner day +369! China-schmina!
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Message sent from your mom's bedroom during pillow talk Buck Henry Simple Goat Herder Former NGTO President Hall of Fame Member |
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08-28-15, 07:38 PM
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#165 | |
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Hall of Fame Member
Join Date: Jan 2000
Location: Lawrenceville, GA, USA
Posts: 6,340
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08-30-15, 12:21 PM
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#166 |
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Native
Join Date: Aug 2012
Location: Cumming
Posts: 911
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When the market dropped 1000pts I was ready to buy a fund that I had my eye one for 6 months. At 9:35 that morning it was down $13 dollars a share. Traffic was so high on the internet that I could not execute the buy with Vanguard. Also, their phone lines were all busy. When I finally connected to buy, it had gone back up in price so I guess I will wait for another opportunity.
Last edited by natureman; 08-30-15 at 12:35 PM. |
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08-30-15, 01:37 PM
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#167 | |
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Former Director, HOF
Join Date: Dec 1998
Location: Newnan, GA
Posts: 10,260
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Quote:
I had similar experience....I'm thinking Voya Financial deliberately ignored it's customers (not answering phones and website shut down) in an effort to keep folks from moving their investments. I'm the world's biggest skeptic.
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The Drifter The contents of this message might be totally inaccurate, misguided or otherwise perverse. If you are stupid enough to follow any of the tips listed here and mess up yourself or your equipment, I am absolved of all responsibility. The information contained herein is based on my personal experience and by no means constitutes the correct way to do it. Your mileage may vary. Follow me on Instagram |
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08-30-15, 01:48 PM
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#168 | |
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Native
Join Date: Jul 2013
Posts: 1,804
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Quote:
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I'm so old I remember when men wore tattoos and women wore earrings. -Lefty Kreh |
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08-30-15, 01:53 PM
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#169 |
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Native
Join Date: Aug 2012
Location: Cumming
Posts: 911
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Vanguard High Dividend ETF (VYM). Went down that day to $48.05 and is now $64.36. This fund rarely experiences large fluctuations in price so the $48.05 would have been a rare opportunity.
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08-30-15, 01:56 PM
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#170 | |
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Native
Join Date: Jul 2013
Posts: 1,804
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Quote:
(Ten characters)
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I'm so old I remember when men wore tattoos and women wore earrings. -Lefty Kreh |
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