Investing 102

[96z28ss]

sheesh maybe I whould of waited a week

[toy71camaro]

Originally Posted by 96z28ss

sheesh maybe I whould of waited a week

Nah... its all your fault. if you wouldnt of joined in, the markets would be up a few points today.

j/k... there's that little guy yellin 'He's in! take the market down and see if he can stand it!"

[GregWeld]

I would wait to buy == and don't get all nervous about less than 10%...


Summer is usually the time to buy... the old "sell in May and go away" usually plays out - and when they're sellin' you want to be buying'

[toy71camaro]

ok... that's a safe bet then...

I wasn't worried about being "down" 10%.. i was worried about do i go buy them when their on sale now.. or wait and see if they go on better sale later. lol

I think I'll hold off on any "on sale" purchases (unless it goes waaay down), and continue saving my 1k per buy (about every 2.5 months) and continue diversifying.

Although.. with such low trans fee's for Sharebuilder ($2/buy), i can stagger my buy every 2 weeks, and limp in to do a little better dollar cost averaging.. i dunno. we'll see. (normal buy is $7).

[GregWeld]

Patience --- save up some dough -- collect some dividends (they should be reinvested if you checked the right box) and averaging in over TIME -- is what get's 'er done.


So there is "averaging in" and there is "trying to catch a falling knife"... they're different and there's a lot of learning going on to know the difference.

The market has gone dang near straight up for 3 or 4 months.... it's UP what it should be up in a year.... and then there's this thing called "on average" --- so if the average ANNUAL increase in the market is 10% -- and we've done that all in the first quarter -- the next couple quarters might kick our butts to bring that average in line with what's norm.

Sometimes it's better to pause and "take stock" (had to throw that in there) of where we're headed and what's up next...

Remember this too... this is why we LOVE our dividends! Because I got three of them between yesterday and today... and that's real cash - regardless of what the stock price is.

[GregWeld]

So much for that buying on the dips!

HA!

I don't know about you guys - but I think this market is just going to take us along for the ride. Danged if I can guess what's it's going to.

Must be why I've fallen in love with getting dividends... they just keep coming regardless of the ups and downs.

[toy71camaro]

Originally Posted by GregWeld

So much for that buying on the dips!

HA!

I don't know about you guys - but I think this market is just going to take us along for the ride. Danged if I can guess what's it's going to.

Must be why I've fallen in love with getting dividends... they just keep coming regardless of the ups and downs.

lol. wasnt a long pullback... oh well. didnt affect me either way. I still got my MO dividend


Been sharing advice from here with a couple other people. Trying to get them on the right track as well.

on a down note.. i STILL havent figured out how to re-balance my 401k.. doh... I did print out every funds "report card" from schwab, to try and compare using their tools.. but, its a challenge.