Stock Market Again

[Ryne08 Senior Member Find all posts View Profile Close Ryne08]

Why do people said it just a paper loss. When that paper loss is your retirement money.

[Icc5 Senior Member Find all posts View Profile Close Icc5]

Only paper loss

It doesn't matter what kind of investment it is when talking about a paper loss. It isn't a real loss until you sell it. Even in retirement unless everything is invested in one thing and you need it right now. I have a lot of losses right now in my retirement accounts but hopefully they recover before I try spending any of it.
Bart

[Icc5 Senior Member Find all posts View Profile Close Icc5]

Dividends

I'm also buy and hold and am way ahead. Sure, just paper gains, and over time there have been "just paper" losses. Nothing to cry about, nothing to be nervous or joyous over. I've ridden the ups and downs and there has been nothing bad enuf to make me lose faith in any of them - I haven't sold a one, I only add new ones.

What I watch more then my stocks the last several years are my dividends. I get more from them then I get working at Safeway. Luckily I have high dividend payer with my two best being Dominion Resourses and Bank of America and I have owned both of them for aprox.25 years. With BAC I get the same amount that I originally paid for the stock when I bought it in dividends.
Bart

[vintner Super Moderator Find all posts View Profile Close vintner]

Why do people said it just a paper loss. When that paper loss is your retirement money.

This is a wise person.

[vintner Super Moderator Find all posts View Profile Close vintner]

Okay, now that the Fed has cut the rate by .75 basis points, and in pre-market, the stocks are 'getting taken to the woodshed', puts may work, covered calls will not work as the premium will never make up for the losses. I think I will be selling if we see the dead cat bounce. Cash is King.

[BoardGirl Senior Member Find all posts View Profile Close BoardGirl]

It doesn't matter what kind of investment it is when talking about a paper loss. It isn't a real loss until you sell it. Even in retirement unless everything is invested in one thing and you need it right now. I have a lot of losses right now in my retirement accounts but hopefully they recover before I try spending any of it.
Bart

exactly. It's unrealized unless you cash out. I don't cash out. My retirement account is true dollar cost averaging (403b thru work - my contribution, employer match + quarterly % of salary kick-in). It's inevitable that some of the contributions will be buying high, some will be buying low. But a high today might well end up being quite low 5 years from now.

Given that I have more than 20 years to "recover", I'm not going to lose any sleep over it for a long while. But when I get close to needing to live on that money, I'll pull way back on stocks. I don't expect to ever abandon stocks, tho.

Big YES on the dividends, partly why I'm buy and hold - all of my non-retirement holdings give dividends and I reinvest them. In retirement, I'll take the cash income.

[Beaglemom3 Senior Member Find all posts View Profile Close Beaglemom3]

I am retreating to a cash position for 50% of my investments.

I think we're in for dark days.

I feel it in my bunion.


B.

[vintner Super Moderator Find all posts View Profile Close vintner]

Buy in Sept 06 and have the same stock market level today. Sorry, no buy and hope for me.

[vintner Super Moderator Find all posts View Profile Close vintner]

On a positive note, CNBC has some very pretty reporters. Someone on CNBC (not one of the pretty women) just said that as long as you haven't sold, you haven't lost anything.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Okay, now that the Fed has cut the rate by .75 basis points, and in pre-market, the stocks are 'getting taken to the woodshed', puts may work, covered calls will not work as the premium will never make up for the losses. I think I will be selling if we see the dead cat bounce. Cash is King.

With the cut my stocks are up today. I own a lot of banking and housing. for once I am up

[tennisWalt Super Moderator Find all posts View Profile Close tennisWalt]

In Milwaukee we have Landaas and Company.

For several years Robert Landaas of Landaas and Company had a Radio show on WTMJ Radio and a TV show on PBS called "Money Talk."

I do not have account with Landaas and Company but I have found him to be very interesting.

He now has an Internet Show at:

Landaas & Company > Resources > Landaas Research > Money Talk

Each Show is 1/2 hour long. Each show is new on Fridays. And there are the last 5 weeks available to you

He does not try to sell Stocks or Mutual Funds on this program but gives you more general information which should allow you to make better choices.

One of the most interest point he has made in the last several years, is that an investor should not have more than 50% of their money in stocks or stock mutual funds. You may leave some money on the table but the ride will be smoother.

His Jan. 18, 2008 show has some good information on the present markets.

Walt

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

I bailed out in October with the exception of 2 stocks that I may end up using a loss for tax purposes this year. Both are way down from where I bought them and are highly undervalued now. Both are up today.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Between NYB and Hrp I am up over a grand today. Now only about 5 more to get to where I was at about 3 weeks ago.

[vintner Super Moderator Find all posts View Profile Close vintner]

Bought some gold and a bank stock today, both up.

My MON and MOS both down. Note to self, tight stops. Don't take losses, keep gains.

As much as I hate this, I own MO (cigarettes), defensive for this market, but even they took a big hit today.

AAPL announces today. What will happen tomorrow???

[Icc5 Senior Member Find all posts View Profile Close Icc5]

Mine VS. MY SONS ACCOUNT

I feel sorry for kids trying to save a buck. I don't worry too much about my stocks or savings because I've been doing it for a long time but it is tough when you get your children to finally invest in this type of market.
MY son has a CD that is expiring and rates are going to go way down so he won't see much interest that way.
I also got him to put money in a ROTH IRA which I helped him out by him putting 3 grand in and I put 1 grand to get him started. He has seen it fall by about $500 and feels to him as if the world was ending. He has seen what I have done over the years but this is different, this is his money.
I tried to explain about paper losses and his timeframe but I can tell, he's still hurt because of it. I just hope he gets over it, market adjusts, and he keeps investing.
Bart