Stock Markets Exposed
Should I pull my money out of the the stock market?
I currently have $12k invested in vanguard's total stock market index and vanguard's total int'l stock market index (6k in each). It has been slipping steadily and fears continue to rise.... would it be wise to transfer the money to a money-market or bond or is this most likely temporary... btw, i plan on not touching this monbey for at least 5-10 years.
Public Comments
- leave it.
- NO! My investor for METLIFE says that people always do it backwards- they should buy when the market is low and everyone is scared and then they should sell when people are comfy and the market is stable.
- Invest it in Nigerian stocks
- yeah and tell all your friends to as well maybe we can have another depression...
- Absolutely not. Sell high not after the market has taken a bath. If you have extra money add it now!
- Right now I would be buying. The subprime problem is only temporary. Just presents a good buying time. I do believe the Market is over bought right now. Needs to drop about another 700 pts. You should have a systematic monthly investment plan. That way when the market is down you are dollar averaging your money. Buying more shares with less money. Reinvest all of your dividends. And don't take the money out until you retire
- Leave your money where it is. The market will bottom out, and you will gain all your points back and then some. Remember, you haven't lost any money unless you sell the stock at a loss. As long as you have the stock, you have the very good possibility of making money on it. You didn't have that cash yesterday and you don't have it today. Leave it alone.
- Look, everyone is hurting in this market, including yours truly, I'm keeping my money right where it is, the market is not going anywhere. The richest investors became rich having patience and never panicking when the market dropped, I know excatly how you feel right now, but if you want to get rich, you have to believe in this market and not get bugged out about this recent sell off, this is not the first time this has happened. The only time to sell is when the stock is overvalued or when the company stops being wonderful. Stay Strong get Rich.
- You should have sold before the drop...now you need to hold on and buy some more as we reach bottom.
