August 24, 201511 yr Just got "Less ugly" for a minute. DOW Was only down $250.00 Now back to $400. down. Sure beats the $900 from early this AM. Crazy day. Just sitting back and chilling about it. Some analyst are calling for a 30-50% adjustment. Not sure if I buy that but I hate this month.
August 24, 201511 yr This sucks. I know you just have to let it ride, but I went from a year to date return of ~7.5% as of Thursday morning to a year to date loss of ~5.5% as of 10 am today. 13% loss in about 2 days is rough to just "let ride". You're young, be patient.
August 24, 201511 yr Most analyst have been calling for the correction for several months..with China jacking around with their product, it looks like a perfect storm. All is well, sit tight..now is the time to be a buyer
August 24, 201511 yr VIX 'fear index' skyrockets to highest level in nearly 7 years - MarketWatch The Volatility Index skyrocked to an intraday high of 53 and then settled at 37. Still a lot of rebalancing left in the market with the VIX above 30.
August 25, 201511 yr A very good read for those who should be prepared for a market of destruction. Why The Bear Of 2015 Is Different From The Bear Of 2008 | Zero Hedge
August 25, 201511 yr Today was a great day. Knowing things would go south this morning I made sure and filled my IRA to the max this morning for 2015.
August 25, 201511 yr SHCOMP in China is down another 4%+ today. SHCOMP Index Quote - Shanghai Composite Index Index Price Today (SHCOMP:SHA) - MarketWatch
August 25, 201511 yr Today was a great day. Knowing things would go south this morning I made sure and filled my IRA to the max this morning for 2015. Not sure I understand this. Wouldn't it be better to buy lower especially if you are doing a lump sum?
August 25, 201511 yr Not sure I understand this. Wouldn't it be better to buy lower especially if you are doing a lump sum? Not sure I follow your question, DOW dropped 1000 points when it opened, I did buy in the low of the day.
August 25, 201511 yr Not sure I follow your question, DOW dropped 1000 points when it opened, I did buy in the low of the day. Ok, got it. But if it continues to drop not such a great day. I always prefer to cost average.
August 25, 201511 yr Ok, got it. But if it continues to drop not such a great day. I always prefer to cost average. Dont have the luxury, I either fund it if I have the money or I dont if I dont.
August 26, 201511 yr Thought this was interesting: This game will show you just how foolish it is to sell stocks right now - Quartz
August 26, 201511 yr Dont have the luxury, I either fund it if I have the money or I dont if I dont. Say you had $1,000 in a lump sum to invest (or as you said to max out your IRA) . Why not do it $100 for 10 months to average your buys?
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