Comments on: Why Investing in Stocks This Year Was Not a Financial Mistake

By: printable fake money

printable fake money — Wed, 01 Jul 2009 16:11:27 +0000

buy stock of good companies when it is in its low, like this time. this is what warren buffet does, he is the richest now!

By: hisham

hisham — Fri, 19 Jun 2009 14:41:43 +0000

i bought stocks that pays good dividend. its very good to receive checks once in every several months. also, stocks that pays good dividend do not fluctuate much..

By: The Happy Rock

The Happy Rock — Sat, 20 Dec 2008 04:04:20 +0000

MN I love seeing your thought processes on paper and I think you nailed it, although I don’t think I would be gutsy enough to say that the US stock market will forever be a good investment.

By: Beyond Paycheck to Paycheck

Beyond Paycheck to Paycheck — Mon, 08 Dec 2008 14:45:30 +0000

Indeed, investing this year was no more a poor decision than investing in 1999 was a great decision. In both cases, if you are far from needing the money (as you are), it’s the right call. So easy for others to say they have a long-term time horizon and aggressive risk tolerance while things are going up. Glad you’ve hung on and will benefit from this dip, no matter how severe or protacted.

By: the moneygardener

the moneygardener — Sat, 06 Dec 2008 16:30:27 +0000

Well put. In fact I have made a concerted effort to invest more than I have ever invested during October, November, and this month. These levels are great for long term investing in dividend growing stocks. I’ve even employed a moderate amount of leverage in order to do so.

By: Caleb

Caleb — Wed, 03 Dec 2008 23:54:53 +0000

The biggest profits are usually made by the wealthiest ppl during “economic down times”.

By: Andrea

Andrea — Wed, 03 Dec 2008 16:37:46 +0000

Shoot, any time you’re saving is a good time. I tripled my retirement contribution and doubled my husband’s. I’m fine if we hover at this level for a couple of years, really.

By: vilkri

vilkri — Wed, 03 Dec 2008 15:52:27 +0000

I agree with you. When you lose money with an investment, it does not mean that you made a mistake. As a matter of fact, you may even make a mistake when you make money. Just think about these folks, some of whom I know personally, who invested heavily in real estate ignoring all rules of proper asset allocation. They were on top of the world making money two years ago. It is all too apparent that this money making scheme was a big mistake even if you got out early enough and ended up making money overall. It is better to stick with sound strategies than to chase the next “big thing”.

By: George

George — Wed, 03 Dec 2008 12:42:06 +0000

I think the other side of this too is that NOW is especially an important time to begin or continue investing for the long term. I’ve been watching many people STOP their 401(k)/IRA contributions in the past couple weeks or months and feel the urge to say, “the loss already happened…don’t stop buying now that prices are LOW!” stay the course people, stay the course…

By: Mark

Mark — Wed, 03 Dec 2008 01:01:59 +0000

Good post. I agree that investing was not a mistake. It is impossible to time this market. 5, 10 or 20 years from now the results should be better.