The Market (Page 4)

It looks like the hurricane has wiped out the top 2-3% of the market today.  It appears that all that work I did in my life to not live in hurricane country, so I wouldn't have to rebuild, was for nothing. 1000 miles from the eye and still sustained tens of thousands of dollars damage. 

The truth is, this entire bull market has been 2 steps up and1 step down.......I got cold feet one time in 30 years and paid for it.  I'll retire in 4 years when my kids are all out of school.....until then it's "go with throttle up" with the money I have in the market.  I won't pull hardly any out the first few years of retirement anyway...let it roll !

The economy is very strong.  The drop is needed......it becomes a buying opportunity and new money is added.  I was hoping for one more day of big drops before I threw some more money in.  Looks like I may not get it.

As for the election.....it appears to me that the Dems screwed themselves out of any chance to get the Senate....the house may flip a bit, but if the economy stays strong, and the predictions are quite good that it will, then the market won't panic. 

It's a really good sign that the Fed can actually raise interest rates and not kill the market.  The economy was so precarious under Obama that there couldn't even be a thought of doing that. 

I'm not moving a penny.....unless it's to add more money to my stock plan.

Lost a hair over $50,000 since 10/1.....still up over 6% for the year so.....meh.

Oh.......I'll take nearly 3% today. 

Buying opportunity

what is y'all old peoples advice on where/how i can put some money.  i have a 403b that i put 7% into, i have my current property which i bought as a foreclosure and i am fixing up (just did the master bath) that i want to keep as a rental when i move out.  i'm looking for someplace else to stick some money

Stick it there and leave it there?

That's good advice for the "everyman" saver/investor.  The trick is to leave the money alone and keep contributing over 20-30 years.

so your opinion is just add more to that 403b and don't try to diversify?  i'm also socking away money for the next time the housing market dies to pick up some investment properties when prices are low.

your way is boring

It's very boring......and it ends with a nifty 7 figure number.  Keep it  loaded with stock funds at your age.

We've made quite a bit of money on real estate investments over the years. If you have the cash to buy land or homes at the right time, you can make some serious returns in a short amount of time. It can take some elbow grease (we've built homes, flipped properties, owned an apartment complex), but I'd say real estate investments have outperformed stock market investments for us. We've also eaten our lunch on properties a couple of times, but it's ok if you have the long game in mind.

Meh......I'm not moving anything.  I wish I had more to invest.

Funny how quiet the media has been lately regarding the market.......get ready for records to be set in the next 30 days.