I confess, my 401k portfolio was invested too aggressively in 2008. I’m still down big as the chart shows below: (Ouch, yes it hurt me just to look at it) Yes, the cumulative rate-of-return from the beginning of 2008 to the end of 2009 is -18.6%. Looks pretty bleak for me huh… So what did I… Continue reading My 401k Is Still Under Water So I’m Using Dollar Cost Averaging To Bring It Back Up
Category: Investments
I Am "Greedy When Others Are Fearful!"
My title today is based on the following quote that Warren Buffet presented in one of his annual stockholder meetings. Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when… Continue reading I Am "Greedy When Others Are Fearful!"
Lunch Budget Experiment #2 – Buying the Stock
In my previous post about my “Lunch Experiment“, I mentioned that I was looking at buying a type of dividend producing stock called a REIT (Real Estate Investemnt Trust). Well, this past Friday, I decided to jump in the market while it was low from the Dubai World credit crisis fallout. Even though the market might move… Continue reading Lunch Budget Experiment #2 – Buying the Stock
Emotional Reactions to Stock Market Swings
I found this really funny cartoon while I was searching MonyNing.com’s website. While looking at MoneyNing.com blog archive, I came across this article “Not Caring About the Wild Stock Market Swings” and I would like to point out the importance of the article, especially how I was affected. MoneyNing posted the article last year during October (2008), right… Continue reading Emotional Reactions to Stock Market Swings