Stock Market

[DR. NOE]

Over the last two years, I have lost a shit load of money. Somewhere in the tune of one million. Shit, I was planning on retiring before reaching forty, looks like the market will not be recovering anytime soon. If it ever goes back up, I will take my money and run. I figure a person needs around two million to live a comfortable life. How much did you lose and do you think the market will recover anytime soon

 

[VicTusDeuS]

Market was up today. It will recover in time, but unless there is any new breakthroughs in medicine or another technology boom we wont se the gains that we had in the late 90's....(notice how i said medicine and technology...not no fuckin presidents)

I think lucent is a great buy, it has a good cance of hitting $14.00 and there ya go, u can double your money...

 

[ShadowKnight]

You are looking at a small period of time. Don't observe the past two years as a portrait of its historical performance.

Everyone has lost money . . . but we will all get it back with time.

Do yourself a favor, don't watch cnnfn, don't look at your statements, and try not to get caught up in the daily ups and downs.


Imagine yourself walking up some stairs while playing with a yo-yo. The yo-yo will go up and down numerous times during each step . . . but overall you come out at a higher level than you were before. Reflective to the past 30 years of the market.

Focus on the bigger picture.

SK

 

[DR. NOE]

Well, I agree with you guys. When investing in the market, you must plan on being in it for the long haul. I have a lot more stock from jumping in and out but its not worth as much. If the market goes back up, I will have a lot more money.