Comments on: Retirement Nestegg Report – October 2008 (-18.43%)

By: Monevator

Monevator — Sat, 29 Nov 2008 16:05:21 +0000

Everyone is right on the money here. If you’re going to give up or get nervous investing, do it the next time the Dow approaches 15,000 or 20,000, not when it plunges. If you’re going to make money investing in stocks, you have to invest through the lows. That’s what makes dollar-cost fire-and-forget investing so powerful.

The argument for equities totally breaks down if the model followed is “Invest when they’re high, and then run away when they fall until they go up again”.

All that said, I feel your pain and am glad you’re keeping your head…

By: Shadox

Shadox — Sun, 02 Nov 2008 04:03:47 +0000

That’s exactly right – most people talk about buying low and selling high, but lack the discipline to do so in practice. You are making exactly the right choices, and you are pretty much in the same boat as the rest of us, so hang on.

By: j2r

j2r — Sat, 01 Nov 2008 14:34:42 +0000

I hear you, brother…. It hurts, but I’m still holding all my stocks.

I used to check my balances every week. Sometimes every other day.

Now, I kinda do it once a month

Hurts less