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Re: DOW Flat lined, lost its pulse LOL

By: Zimbler0 in POPE 5 | Recommend this post (0)
Sat, 16 Nov 19 7:26 PM | 26 view(s)
Boardmark this board | Pope 5 		Msg. 44755 of 62138
(This msg. is a reply to 44678 by micro)
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Micro > I remember the crash back then. What I did though was have all my equities sold and then bought BONDS. LOTS of them.

AS I recall, after the collapse 'they' started driving
interest rates down. Which would have forced bond prices
up. Good move.

Generally speaking, I simply held everything I had before,
during, and after the Y2K collapse. Stock prices went down.
Wellesly income (2/3 bond, 1/3 conservative stock) went up
nicely. Dominion Resources - my local power company - went
up as well. Had I bought a bunch of 'D' right before the
collapse started (when it was at its recent lowest) I could
have doubled my money (dividends plus capital gains) in about
a year.

For my 401K - Vanguards Index 500 was my largest holding and
Wellesly Income my second largest - I held what I had. And
shifted so some 90% of new money into the 401K was buying
Index 500. The S&P 500 continued down in 2001 . . . bounced
along the bottom in 2002 . . . and then started climbing
again in 2003. Buying all those shares while the S&P was
bouncing along the bottom proved to be a very good move for me.

Today Wellesly is the largest holding in my 401K by a comfortable
margin. But then I'm older and the relative stability and income
from the bond component is more important.

I also still have my Dominion Resources. Plus a lot more shares
that I have bought over the years.

Zim.




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The above is a reply to the following message:
Re: DOW Flat lined, lost its pulse LOL
By: micro in POPE 5
Sat, 16 Nov 19 2:54 AM 		Msg. 44678 of 62138

I remember the crash back then. What I did though was have all my equities sold and then bought BONDS. LOTS of them.

So while the market was in a state of flux for awhile aftwer Black Monday, I was making money with Bonds.

When the equity markets are down, that is the time to look to BONDS to grow.... You will make money.

BTW, something I discovered a little ways back was another investment that Guarantees me I will never lose more than 1% of my equity value and Guarantees me 8% growth OR if my equity side grows more then I get the higher of the two.

I sleep well at night with that one... SO, my minimum gain annully is 8% and it could be much higher than that,.

This past year I made about 16 percent on my account.

I'll take it and be happy.

SO there are different ways to approach the markets without really worrying too much and you can make money when the stock markets are going down and flatlining by buting into BOND Market. They do well when the stocks are not.

Opportunities always exist...
Wish I could talk you into joining the party..

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