Grrr.....Should I pull out of the stock market?!?!?!

ALWAYS PULL OUT

 

invented money ay? next you're gonna tell me you invented the internet. wise guy.

if pulling out is an option, you have to. pulling it out is the only way.

 

I just went 70% money market. Market is way too jittery, and I can see it falling a lot more.

Thinking about commodities, but I'm wary.

 

Don't pull out. Go in balls deep (keep investing).

 

This is why you never invest more than you can afford to lose.

 

If the stock market makes you uncomfortable, like it effects the way you sleep, yeah, I'd go ahead and get out. Buying individual bonds (not bond funds) means you will earn a rate of return and get your money back at maturity.

We are talking about it over in the D&D. The guys I listen to think there will be a rally soon to about 13200 and then the chances of a recessionary drop increase .. like a 30% drop in the Dow.(followed by a bounce back of 10% or so)

I haven't owned a lot of stocks in a while but the few I own, I'm keeping my finger on the trigger and will bail if we see a rally on a Fed rate drop.

Everbody has an opinion but I probably am the only person on this board who was substanially in stocks in Oct of 87 and Mar of 2000. I've experienced losses that I still lose sleep over 7 and 20 years later.

 

I wouldn't have invested in a fund this late in the cycle, but now that you are in, you should probably stay put for a while. I hope it wasn't a super volitile type fund because that could get ugly. Was it a sector fund? What is the general prospectus?

 

what kind of fund is it?

but theoretically, you havent lost any money so long as you dont pull out . i would hang with it a little longer. It will swing up again for a little and when it does THATS when you get out.

 

Just hedge your losses with a fund that has a negative beta

 

Yeah, the market always recovers. In 1985 it took me till 1994 to get even and in 2000 ..... well I'll never have that much money again, that market was just stupid, it was all NASDQ, the Dow was a quaint afterthought then.

 

I love people like you who get worried and start to dump off shares

All I see are GREAT bargains baby!

 

can't go wrong with the inknown.

 

Buying high and selling low is not the way to make money in the stock market. If the Morningstar ratings for that fund are high, it's probable that it will recover. It's just going to take a while (possibly years).

 

Need more info about which funds and what your time horizon is for the money. Are you investing in funds that track financial stocks primarily? Is the money for your retirement 30 years out?

 

past performance is not an indicator of future success. i also hope you looked at fees, expenses, and tax implications.

the only fund that i would truly trust my money in are index funds.

 

small cap tech stocks are frustrating right now, there is value all over the place but no interest!!

 

Buy bluechips on this pullback now as we're right around support at 12. Barring incident a quick elevator ride over the next year sounds about right.
....up to and holding 14 -15.

 

No need to pull out if you know what stocks to buy and which to keep. There is still a ton of money to be made in dozens of industries. My personal advice is to take a hint and research some off shore drilling companies. Plenty of money made in the last 6 months alone. I could go on forever but do your own planning and investment.