Glad I'm not in the market. My itty bitty nest egg has been sitting in cash reserve with my broker since the summer of '09. Hasn't earned a dime in two years but, guess what, it hasn't LOST half it's value either like people I know who followed the standard advice of brokers ...let it ride, the market will come back, you can't pull out every time there is a dip. Glad I followed my gut, I figure when/if I get back in the game ...being able to do so with just as much as I had in '09 (instead of half or less) will put me that much ahead.
3 comments:
I cleaned out all my pockets and didn't find any spare change. I would have shared it with you, but no luck! Getting bad isn't it.
We were promised change and I guess you got some in your pocket. . .
Glad I'm not in the market. My itty bitty nest egg has been sitting in cash reserve with my broker since the summer of '09. Hasn't earned a dime in two years but, guess what, it hasn't LOST half it's value either like people I know who followed the standard advice of brokers ...let it ride, the market will come back, you can't pull out every time there is a dip. Glad I followed my gut, I figure when/if I get back in the game ...being able to do so with just as much as I had in '09 (instead of half or less) will put me that much ahead.
Post a Comment