Investing 102

[GregWeld]

I wish I had something to add in a constructive way --- but I will tell you all -- THIS is a more NORMAL market.

When this tread started -- and during most of it... it reminded me of the late 90's when every day there was a new IPO that tripled it's first day of trading - and or there was a split 2 for 1 and then that doubled by the next week. It was like having a money tree in the back yard.

A normal market is all about AVERAGES --- so when the market goes crazy for awhile --- then it must go flat or down for awhile to "average out". There just isn't a straight line UP. Given the fact that the market was up like 15% in the first 6 months of this year -- it was only a matter of time before we went sideways or down 5% or so. That's where we're at right now.

The good news about learning about dividends --- THOSE JUST KEEP COMING.... I got one again today - so my account has $4500 more CASH today than it had yesterday (HYG). And that my friends --- is how I go racin' and buy parts - and pay the mortgage.

End of story.