I'm following the stock market and the ups and downs

[punkin]

(mostly downs) are downright nauseating. I am 44 so most of my retirement money is in stocks.

 

[csharpwv]

At the ripe old age of 29 they are no less sickening!

Greed is the number one reason for all of this - companies are afraid to invest - so the economy isn't growing. If companies would get some cash out into the market through some expansion projects (human resources, or physical expansion) - I really think the markets would ease up, and re-energize.

Fear paralyzes people - and the market is stunned into paralysis right now.

Something - someone - has to give to get it all in motion again.

Government spending must be cut, budgets must me balanced, and the government needs to stop the bleeding!

 

[mrsklamc]

I'm actually kinda hoping this will serve as a wake up call to the gov't that we can't keep spending like there's no tomorrow....

(I'd say like a drunken sailor but that's an insult to drunken sailors.)

I think the markets will come back in time for both of your retirements, don't worry yourselves too sick.

 

[RitaE]

LaLaLaLaLaLaLaLa - I can't hear you!!!!!!!!

I'm right at your age and we rebalanced our retirement funds into what the broker guy called a more stable stock/bond mix back in January. If what I'm looking at now is more stable, I'd hate to see risky.

 

[neatokimmo]

LaLaLaLaLaLaLaLa - I can't hear you!!!!!!!!

I'm right at your age and we rebalanced our retirement funds into what the broker guy called a more stable stock/bond mix back in January. If what I'm looking at now is more stable, I'd hate to see risky.

I am a LALALALALALALA -er too! lol

I am medium risk and I am getting slaughtered. I put stickies on my monitor - 12 years. If I do early retirement it won't happen for at least 12 years. Surely it will come up by then?

 

[punkin]

LaLaLaLaLaLaLaLa - I can't hear you!!!!!!!!

I'm right at your age and we rebalanced our retirement funds into what the broker guy called a more stable stock/bond mix back in January. If what I'm looking at now is more stable, I'd hate to see risky.

I rebalance every January and I don't trust brokers. I have a guy playing with a small percentage of my money (mostly as a hedge) and the rest I decide on myself (with DH, of course). I am actually afraid to check the balance in my 401(k). My intermediate-term investments are scary enough (and they are in "safer" things).

 

[cluvsdisney]

I think the markets will come back in time for both of your retirements, don't worry yourselves too sick.

I was saying this to DH last night. I kind of wish I had extra cash to throw into the market now...buy low.

 

[eliza61]

(mostly downs) are downright nauseating. I am 44 so most of my retirement money is in stocks.

Stop it!!! Immediately turn off the business news.

Stocks are not made to watch daily. thats why day traders have absolutely no hair.

If you are invested in your 401K simply say that you are now buying when the prices are low.

In fact I'm thinking of picking up some disney stock.

 

[sam_gordon]

Stop it!!! Immediately turn off the business news.

Stocks are not made to watch daily. thats why day traders have absolutely no hair.

If you are invested in your 401K simply say that you are now buying when the prices are low.

In fact I'm thinking of picking up some disney stock.

Bingo. I'm 41 and am not touching a thing. I have 20+ years until I retire. I expect things will be greatly different by then. IMO, if you are 10 years or less from retirement you should be getting out of stocks ANYWAY (gradually).

 

[loveysbydesign]

So what's a cheap price for Disney stock?

 

[crjack]

Stop it!!! Immediately turn off the business news.

Stocks are not made to watch daily. thats why day traders have absolutely no hair.

If you are invested in your 401K simply say that you are now buying when the prices are low.

In fact I'm thinking of picking up some disney stock.

I graduated from college in 1987 and shortly after starting my first 401K the market completely tanked. I thought about stopping since I didn't really understand it and our work CPA said "think of it as buying stocks on sale". I still go back to that when the market is really down.

News is now a 24/7 institution and there is a lot of time to fill. Eliza61 is right.....step away and stay on plan.

 

[eliza61]

So what's a cheap price for Disney stock?

a couple of days ago it was ~31 bucks a share.

 

[loveysbydesign]

a couple of days ago it was ~31 bucks a share.

Shows as $31.54 on oneshare.com right now.

 

[punkin]

I graduated from college in 1987 and shortly after starting my first 401K the market completely tanked. I thought about stopping since I didn't really understand it and our work CPA said "think of it as buying stocks on sale". I still go back to that when the market is really down.

News is now a 24/7 institution and there is a lot of time to fill. Eliza61 is right.....step away and stay on plan.

I have not actually done anything, nor do I plan to, BUT I can't not watch. It's like a slow motion train wreck.

 

[eliza61]

I have not actually done anything, nor do I plan to, BUT I can't not watch. It's like a slow motion train wreck.

Actually change your thinking. right now it's more of a fast motion or a german autobahn speed train wreck. Things are moving at a ridiculous speed.

slow mo is over the long term and over the long term is where the stock market shines.

 

[AmandaRG]

My dad keeps trying to freak me out over all of this. Our retirement is probably 30 years away (in our early 40s). Early retirement is not going to be an option for people our age unless in a government-type job, which we do not have.

Until one cashes out their stocks, losses are on paper. Yes, the portfolio is worth less, but I can't touch it for at least 20 years without penalty, so it would be silly for me to do anything at the moment. Yes, I could choose less risk, but then in 30 years if my portfolio is worth less than it could be, I would not be happy.

If you are nearing retirement, more stable is needed, for mine, I'm ok with the long-term possibilities.

 

[punkin]

Actually change your thinking. right now it's more of a fast motion or a german autobahn speed train wreck. Things are moving at a ridiculous speed.

slow mo is over the long term and over the long term is where the stock market shines.

Yes, mother.

 

[angwill]

I was saying this to DH last night. I kind of wish I had extra cash to throw into the market now...buy low.

The market took a huge dump in March of 2010 much worse that what is going on now and the news stations talked less about it then than what is going on now. A simple example everyone will understand is that Disney right now is at $32 a stock down from $37 last week but that same stock was down at $17 in Feb/March 2010. The market goes up and down when it is down instead of time to panic it is time to buy.

 

[RitaE]

Slow Train/Fast Train

Lately I have more of a feeling of a guy in a hockey mask creeping toward that isolated cabin in the woods, as the blood drips from his chain saw.

 

[eliza61]

Slow Train/Fast Train

Lately I have more of a feeling of a guy in a hockey mask creeping toward that isolated cabin in the woods, as the blood drips from his chain saw.

Thank you RitaE. I think that's the true American spirit. when life gets us down, we get up and find some humor. That made me giggle.