Investing 102

[toy71camaro]

Originally Posted by GregWeld

Well..... so much for sell in May and go away! <a very old truism/saying>


SO you newbs ---- this is something that I've talked about before, i.e., just when you THINK you know what's going to happen in the market.... it will do something else. Generally - against whatever you thought was going to happen.

The lesson from this is (should be).... quit trying to figure it out --- and just trust that you're going to have a lot more money down the road than you have right now. PERIOD. Stop stressing over all the news - the day to day - the world problems <of which few have any control>.... and just buy that good old company that you know and trust to do a good job... and PAYS YOU... for being an investor in them.

Yup.. I try not and worry about it. Not trying to time anything anyway.

I am workin with Dad to try and get his 401k moved over to a Trad IRA so we can get some more control over it. Just trying to make sure it doesnt have any negative impact on his disability/insurance, etc.