How much wll the stock market drop?

JustRobert · 2008-01-22, 11:55 AM

I agree with the "buy and forget" principal as long as your not close to retirement. I am not, so weathering the storm is no big deal. I have mine set up in a restructuring account so every 3 months it sells off gains and buys those that are down keeping portfolio balanced by holding a percentage of each automatically. This has produced better overall gains than the B&F format.

Bulk of my portfolio was purchased before I left my old company 3 years ago and my house was purchased around the same time so both are still way up overall

I will say that sometimes it is frustrating to know that in the past year each have tumbled tens of thousands of dollars and will continue to do so over this year, IMO

2008-01-22, 11:55 AM	#7
JustRobert Bow Ties Are Cool Join Date: Jun 2006 Location: California Posts: 9,653	I agree with the "buy and forget" principal as long as your not close to retirement. I am not, so weathering the storm is no big deal. I have mine set up in a restructuring account so every 3 months it sells off gains and buys those that are down keeping portfolio balanced by holding a percentage of each automatically. This has produced better overall gains than the B&F format. Bulk of my portfolio was purchased before I left my old company 3 years ago and my house was purchased around the same time so both are still way up overall I will say that sometimes it is frustrating to know that in the past year each have tumbled tens of thousands of dollars and will continue to do so over this year, IMO __________________ Submit Your Galleries To The Erotic To Naughty Network!