If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Unconfigured Ad Widget
Collapse
Unconfigured Ad Widget
Collapse
Announcement
Collapse
No announcement yet.
This has to be the biggest one day loss I ever had
I've held that for years, too, BF and it has remained mostly steady with decent dividends. Of course, things can turn on a dime.
Time for Cramer tonight !
I've held that for years, too, BF and it has remained mostly steady with decent dividends. Of course, things can turn on a dime.
Time for Cramer tonight !
Originally posted by ArtsieAng
GE....Oh no, I have GE.
Do your selves a favor and do not look unless you want to get a bargain and buy more so you can lose more on another day. I have had it with trying to figure this market out. Best is just buy a good paying Div stock and hold it.
Do your selves a favor and do not look unless you want to get a bargain and buy more so you can lose more on another day. I have had it with trying to figure this market out. Best is just buy a good paying Div stock and hold it.
I'm not looking. I know that it would be too depressing.
Angela
If you change the way you look at things, the things you look at change.
BTW, I'm still keeping track of how many times you annoy me.
We discussed this in a previous thread....we were waiting for the other shoe to drop....the insurers. We discussed this remember? It took longer to happen then I expected.
There are ways to play the market up and down. Why most people only bet it is going up is beyond me. One can make more money and faster when it goes down.....FEAR is more powerful than greed.
I hope you all kept some powder dry so you can buy. When everyone panics and its doom and gloom is when I get excited.
For our long term mutual funds and 529 plans....its just dollar cost averaging and don't stop now....now is when we make up for when we bought closer to the highs. It averages out to a decent return. Highs and lows are hard to pick....very hard.
"If a Nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be.... If we are to guard against ignorance and remain free, it is the responsibility of every American to be informed." -- Thomas Jefferson to Col. Yancey, 1816
I've made a bundle on paper in the past as a buy and hold person for the past 25 years but today got me as I dropped 10.25 and on paper lost more today than I paid for my first house. A huge amount of it is from BAC which is also what I have made most of my money from over the years.
The one good thing with BAC is I'm still way up over what I origanly paid for it and the dividends alone have paid for it about 8 times over.
Bart
Comment