Comments on: MM Stock Portfolio up 11% in 6 months…

By: Ted

Ted — Fri, 24 Apr 2009 18:25:12 +0000

Investing is NOT just for the moneyed. If you have the financial ability to save, then do that for now and once you have the sufficient amount saved up, shift it to an nvestment portfolio, just be aware that when investing the risk of losing your money is greater than when saving it, but the rewards are higher in the long term.

When investing, any day is the right day to invest, you just need to diversify. No one can accurately time the market. But history says that the longer you stay in the market the rewards would be higher, just let it ride.

By: cardinalfire

cardinalfire — Thu, 23 Apr 2009 21:25:55 +0000

I was interested in learning how the stock market works though I don’t have any financial background. But I realized that it’s best to invest when you have extra cash to spare. It looks like a gamble to me. Once you put your money into it, consider it gone for now.

By: Anbu

Anbu — Thu, 23 Apr 2009 00:50:23 +0000

If I picked stocks randomly at that time it would’ve gone up too. The market’s essentially been up 23% since the beginning of the year. There’s no way to go but up. And there are stocks out there whose prices do not reflect their historical worth and are truly a bargain based on fundamentals. So really, today’s market is one people should be getting into. There’s bound to be much volatility and a few bear rallies here and there, but if the mindset of an investor is a long term one, then it’s an ideal time to buy in. Great time if you’ve got time on your side. Absolutely sucks though for those who wanted to cash in on their investments. Man, I too wish I had that 200k to invest.

By: eej

eej — Tue, 21 Apr 2009 16:44:21 +0000

If you have extra cash, this is the best time to buy stocks for dirt cheap. Invest now as there are clear indications that an upswing (albeit in a slower pace)is in the horizon.

I guess, we’re all in the same boat with our 401Ks… My paper money is gone with the wind. I have to remind/repeat to myself the mantra “Think long term… think long term”… Haay, naku indeed!

By: acmr

acmr — Tue, 21 Apr 2009 14:17:34 +0000

My 401K is down by more than 50%. I am not a savvy investor at all, even if I have an MBA in finance. No time to watch the market eh. Kakahiya! Sigh. Buti na lang I have time to make it up. I am not retiring in the next 15 years (if only I could!). The only thing I can do is really pick better funds siguro.

I just saw a special on 20-20 last weekend and there were folks in their late 50’s and early 60’s who were planning to retire in the next 5 years, but are now back in the work force and cannot see when they will actually be able to retire. It was tough to watch and made me grateful that I still have time.

By the time I retire, there will probably be no social security money left in the U.S. Sometimes I wonder what is the better — to live in the U.S. where you have convenience, medicare (for seniors) and other comforts, or retire modestly in the Philippines, just manage to live with the things that I grew up with — unreliable public service, traffic, pollution, etc. Haay, things to think about.

By: passive

passive — Tue, 21 Apr 2009 09:24:32 +0000

i stopped looking a loooong time ago..last time i checked my portfolio is down by almost 40% of my original investment…who knows, maybe by the time i will retire, i may be able to cash in and buy some adult diapers..hayy

By: Doc Harry

Doc Harry — Tue, 21 Apr 2009 09:04:56 +0000

Wow… I’m starting to wonder if I should pull out my managed UITF and just go in on some stocks on my own…

By: Marketman

Marketman — Tue, 21 Apr 2009 07:47:39 +0000

tarcs, thanks, I have edited post.

By: tarcs

tarcs — Tue, 21 Apr 2009 07:46:09 +0000

Marketman – I think you mean October 9 and 16, 2008. I stopped checking the value of my portfolio some time ago, I’ll go check again now. Good post, as usual. Thanks