Investing 102 - Page 624 - Lateral-g Forums

XLexusTech · #**6231** 03-04-2020, 05:27 PM

its not as bad as you think... Granted... it dipped but the bottom has not fallen out .... stay the course my friends.. Long game and don't try to time the market... look for great deals on dip and dont panic..

**WSSix** · #**6232** 03-04-2020, 08:55 PM

That's basically why I went ahead and completed my moves today. I was looking at the present values and they were all below if not well below my cost basis and their recent values. I figured, I'm buying on sale. It may not be the best sale price but it's still on sale. I expect more volatility concerning the Coronavirus and, more importantly, peoples reactions to the virus. Nothing I just did was on a massive scale, but I don't think I missed an opportunity. In the end this will pass and it'll all work out.

**JKnight** · #**6233** 03-04-2020, 10:58 PM

Todd, truer words have rarely been spoken. I think you’re right, the economy didn’t need that move and with every cut they reduce the effectiveness of the tools in their arsenal.

I agree with you guys. I also gotta say the ideals Greg preached in this thread have given me a little more confidence these days by reinforcing what I was kinda/sorta/pretty sure I already knew.

**Roscoe03** · #**6234** 03-09-2020, 02:00 PM

A lot of stocks on sale at the moment with the whole OPEC issue and it's a sea of red in my portfolio but I gotta think long term!

XLexusTech · #**6235** 03-09-2020, 07:53 PM

Quote:

Originally Posted by Roscoe03

A lot of stocks on sale at the moment with the whole OPEC issue and it's a sea of red in my portfolio but I gotta think long term!

Looking for deals ..

**WSSix** · #**6236** 03-09-2020, 09:06 PM

For sure. This is too cheap to ignore. I've already moved more out of savings. Again, nothing major as I still want to be balanced and secure in all my accounts.

toy71camaro · #**6237** 03-10-2020, 01:58 PM

Shopping for deals here too!

**glassman** · #**6238** 03-10-2020, 09:19 PM

Nice to see you chime in Albert, hope all is well....

This market is getting more and more sensitive, very roller coastery

I haven't bought much on my own, just maxing out my 401k safe harbor plan (26k for me 26k for wifey) and have a small independent manager/broker doing it. No sure I'll be able to retire in 7 years (61), but the house is almost paid for (1.3 here in the Bay Area) and business is paid for, so, overall inhttps://lateral-g.net/forums/images/smilies/thankyou.gif pretty good shape.

But, the old adage is invest in what you know, and I sell a ton on melted sand. On the other hand, I need divi's that pay when I'm a sleeping...

toy71camaro · #**6239** 03-11-2020, 01:54 PM

Mike,

All is great here! trying to enjoy this nice weather (except for today). Baseball season has started and kept me busy (coaching 14u boys) and spare time enjoying a new toy I got last year (09 HD Dyna). First bike. Been fun!!

Anyhow, I had a little capital set aside (about 20%) since I rolled my old 401k into a roth a year and a half ago. I've put about 10% to work in the past couple weeks sell of, into solid dividend champs. still waiting to figure out where the bottom might be for the other $ to get put in. Aside from that, my parents asked me to take over their 401k as they're just hitting retirement. Luckily they sold everything to move it to an IRA mid 2019. I've slowly been creeping in on this big downturn, its been great timing on that front. lol. But again, still waiting to see how bad this gets. They've still got about 60% not invested yet. Again, long term big name brands with long histories of dividends that start low on the left and high on the right. Just like good ole Greg taught us.

Been an interesting couple weeks. Hard not to buy buy buy when it keeps going all red like this! lol

rustomatic · #**6240** 03-12-2020, 07:17 AM

Nothing like a Trump tweet to change one's financial picture . . . Ouch!