Comments on: How to Not Lose Sleep in a Bear Market http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/ A personal finance blog where we share insights on carefully saving money, investing, early retirement, mortgages, stocks because the little things matter in achieving financial freedom! Sat, 21 Nov 2009 10:57:14 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: marci http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/comment-page-1/#comment-11254 marci Fri, 24 Oct 2008 15:29:25 +0000 http://moneyning.com/?p=1521#comment-11254 I'll skip flying down the canyon in any form :) Give me conservative 'safe' stuff any day! I’ll skip flying down the canyon in any form :) Give me conservative ’safe’ stuff any day!

]]> By: shadox http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/comment-page-1/#comment-11248 shadox Fri, 24 Oct 2008 03:36:20 +0000 http://moneyning.com/?p=1521#comment-11248 Well - it might be that these rich folks are relaxed because they don't need the money any time soon. It might also be true that they are relaxed because there is a "diminishing marginal utility" (sorry for the fancy words) for money, i.e. your first $1,000 a month is very important because you use it to buy food and shelter; the next $5,000 a month are also important to you because you use it to ensure you have a decent lifestyle and save some money for a rainy day... after a while... say your $10,000,000 or so (maybe its $100M - what do I know) - money sort of loses its importance... I mean, these guys couldn't spend all their cash if they tried... so I think the small guy losing savings in the market is feeling much more pain than the tycoon who is technically losing MUCH more money... Well – it might be that these rich folks are relaxed because they don’t need the money any time soon. It might also be true that they are relaxed because there is a “diminishing marginal utility” (sorry for the fancy words) for money, i.e. your first $1,000 a month is very important because you use it to buy food and shelter; the next $5,000 a month are also important to you because you use it to ensure you have a decent lifestyle and save some money for a rainy day… after a while… say your $10,000,000 or so (maybe its $100M – what do I know) – money sort of loses its importance… I mean, these guys couldn’t spend all their cash if they tried… so I think the small guy losing savings in the market is feeling much more pain than the tycoon who is technically losing MUCH more money…

]]> By: Dusty http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/comment-page-1/#comment-11246 Dusty Fri, 24 Oct 2008 00:00:18 +0000 http://moneyning.com/?p=1521#comment-11246 And I was upset about losing a few thousands dollars. At least my losses have less zeros on the end! And I was upset about losing a few thousands dollars. At least my losses have less zeros on the end!

]]> By: Mike Huang http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/comment-page-1/#comment-11245 Mike Huang Thu, 23 Oct 2008 21:34:05 +0000 http://moneyning.com/?p=1521#comment-11245 It is very risky right now, but things may be better in 2009. Those million/billionaires won't even flinch about their lost.. -Mike It is very risky right now, but things may be better in 2009. Those million/billionaires won’t even flinch about their lost..

-Mike

]]> By: Dividend Growth Investor http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/comment-page-1/#comment-11244 Dividend Growth Investor Thu, 23 Oct 2008 21:14:09 +0000 http://moneyning.com/?p=1521#comment-11244 Great post, it goes on to show you that there isn't such thing as market experts or smart money. Unless an individual is willing to do the work to create a diversified portfolio that suits his/her own needs, they won't be successful in investing.. Great post,

it goes on to show you that there isn’t such thing as market experts or smart money. Unless an individual is willing to do the work to create a diversified portfolio that suits his/her own needs, they won’t be successful in investing..

]]> By: Judi http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/comment-page-1/#comment-11241 Judi Thu, 23 Oct 2008 17:51:47 +0000 http://moneyning.com/?p=1521#comment-11241 everyone wants to know what is safe. I'm thinking there is no place safe. Good thing I don't have a ton everyone wants to know what is safe. I’m thinking there is no place safe. Good thing I don’t have a ton

]]> By: Carl http://moneyning.com/investing/how-to-not-lose-sleep-in-a-bear-market/comment-page-1/#comment-11239 Carl Thu, 23 Oct 2008 17:39:46 +0000 http://moneyning.com/?p=1521#comment-11239 David- Great post! If you have a plan stick with it! If you don't, get to safety and count it as a lesson. Carl www.behaviorgap.com David-

Great post!

If you have a plan stick with it! If you don’t, get to safety and count it as a lesson.

Carl
http://www.behaviorgap.com

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