iggy Posted March 2, 2007 Report Posted March 2, 2007 If this stock market keeps going down I may have to go back to work or sell my toys. Iggy Quote
pondmn Posted March 2, 2007 Report Posted March 2, 2007 Iggy remember the market will bounce back.......it just sucks when your relying on it for retirement..... Quote
Admin nuggethunting Posted March 2, 2007 Admin Report Posted March 2, 2007 Hello All, When you're young you and risk your money and ride out the ups and downs of the stock market. However, if I was close to retirement I would have everything in guaranteed bonds to make sure I didn't loose my nest egg during the last years of retirement. I've heard some people gambling with the stock market all the way until they retire and have lost everything (hundreds of thousands of dollars). Go figure ....Take care,Rob Allison Quote
way2cool Posted March 2, 2007 Report Posted March 2, 2007 You can still make money in a down market . But this really should not of been a surprise to anyonethe market was/is due for a correction. Be carefullRich Quote
wonderer Posted March 2, 2007 Report Posted March 2, 2007 Iggy, Don't have all your eggs in one basket, Have a defersified assets stock market, land & say gold. If one goes down you don't lose it all. My brother lost their nest egg having it all in one investment, wouldn't listen to anybodys advise...........greed ............. The best investment is haveing a good well stocked pantry of food which you can eat or trade with, in case of hard times or emergencys ( can't eat gold, paper money, stocks or bonds...ect. ) just my two cents......................wonderer Quote
iggy Posted March 2, 2007 Author Report Posted March 2, 2007 If this stock market keeps going down I may have to go back to work or sell my toys. IggyHi All, I have a well deversified portfolio. I just wanted to get things hopping around here.Everything is fine and will live out the storm with no major worry.This correction will be good to go when the democrats win the Presidency.We'll be in hog heaven for 4 yrs. Iggy Quote
Bill w TX Posted March 3, 2007 Report Posted March 3, 2007 it seems that when the democrats rule the taxes all ways go up Quote
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