16 responses

  1. First Gen American
    November 17, 2010

    I haven’t even been watching the market lately. I really don’t know what to expect the market to do. There are too many governments out there trying to manipulate things and it’s anyone’s guess how the market will react.

    I wish investing could be done effectively by analyzing how a company is performing. That seems to be the smallest lever in moving stock prices these days.

    • admin
      November 17, 2010

      Yeah, it’s crazy out there. I’ve seen the government approach the problem both from a supporter and attacker of business at the same time… Very, very crazy!

      Nicole just does mutual funds, and that’s most likely the best, safest route.

      • Nicole
        November 17, 2010

        Just index funds– I’m not paying some mutual fund manager to make decisions that will only beat the market (on average) 50% of the time.

        I really need to fund our ROTH IRAs some time soon. Just haven’t gotten around to it. Maybe I’ll do one of them today.

      • Money Reasons
        November 17, 2010

        That’s right, just index fund… I forgot :)

  2. Roshawn @ Watson Inc
    November 17, 2010

    I didn’t do anything either. That’s one of the benefits of being an income investor. Of course, capital appreciation is always appreciated but not the focus!

    • Money Reasons
      November 17, 2010

      Ah, very true… I’m not an active trader like I use to be (not a day trader though…), but I still like to buy on big dips… although, like you say, with dividend stocks, it’s not quite as big of a deal :)

  3. Everyday Tips
    November 17, 2010

    I didn’t even know the market went down until about 8pm last night. Since I have started working again, I have not been watching the market nearly as closely.

    Had I had a plan,I may have taken the dive. I love dips!

    • Money Reasons
      November 17, 2010

      My too. I haven’t been watching as closely either. A buddy at work told me that the market was down -275, which made me freak a bit… Of course, it was just a joke he was playing on me, but it worked!

  4. Crystal @ BFS
    November 17, 2010

    I threw the last $400 in to our Roth IRA that I could contribute for the year. I had already had it waiting (on accident) by contributing last week…I just forgot to actually buy anything, lol. So I putin the order to buy shares of our Fidelity 2040 mutual fund yesterday after work. :-)

    • Money Reasons
      November 17, 2010

      Sweet! Nice move!

      My accounts are half way back already from the drop yesterday… Too bad I didn’t jump in too :)

  5. Car Negotiation Coach
    November 17, 2010

    Yeah, I was brave enough to get my feet wet yesterday….of course the two stocks I picked are down more today :). But I’m in it for the long haul, so not too worried…

    • admin
      November 17, 2010

      I was sad! The stock I had made up half of the ground they lost yesterday… I should have just bought more of what I had…

      Congrats on jumping in while it was low!

  6. youngandthrifty
    November 17, 2010

    It took a huge dip! So much for lovely September and October :)

    I have some USD that I have waiting to pounce on something too, but am still humming and hawing. I did buy some bond ETF’s though today.

    • admin
      November 17, 2010

      Bond ETF’s sounds like a pretty wise move :)… :)

  7. Shaun Baird
    October 3, 2011

    lol, I was just about to write a long reply before I realised this was referencing 2010 – Anyway, since Ive found your blog Ive given myself aheap more readin to do (thanks! lol) – seriously though… heres to profitable and safe trading…

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