Oso planning to go pro
yeah my 401k contribution comes this Friday.It always seems like I am a few days behind the big discount days, 401k-wise. Market will rebound tomorrow and Wednesday But I still throw a C Note into my Roth IRA on days like today.
Roth? A c note? Rough. The plastic surgery biz isn't paying much these days, I'm really a badger fanl?
In my 20s. Sorry I haven't reached your income yet.
I like market chaos -- people overreact. I rarely sell and I stockpile cash for buying opportunities. A set amount of my paycheck goes into the cash balance of my brokerage account every month.I am a buy and hold type of person who is mostly into investing in companies that regularly raise their dividend. I will sell at a predetermined amount in order to take my initial investment out and then let the rest ride.
Yep. Down tomorrow and back up by the end of the week. Enjoy your status as a Third World country, Greece!
I say the U.S. should offer to bail them out in exchange for a few of the more desirable Greek Islands. We could make it the 51st state - our Mediterranean Hawaii, as it were.
That's out of the box thinking.We bought this Purchase from France, some land from Mexico, Alaska from Russia, and island from Denmark.
I vote Lesbos.
Well, Sultan, you win the prize. I was wondering who was going to say that first.
Agreed. At this stage of my life, I am only buying investments, never selling. Everything I need or want in my daily life I can purchase out of my bi-weekly cash flow or cash savings. People say you can't time the market, and this is true if you are buying and selling, but if you are just buying, you can time the hell out of it. I make regular dollar-cost averaging contributions to a 401k and Roth every 2 weeks, but if there is a 1% dip or more on any given day, you can bet I am throwing in more. To me, that is timing the market. Sure, selling is a completely different animal, but I'm not worried about that right now.
A+ for sound personal financial planning.
What do you buy? Individual stocks? Mutual funds? ETFs? Foreign? Only domestic? Bonds? Alternative investments? Do you buy leverage instruments (or use leverage)?