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Re: The Awards You Never Get When Investing ;-) 

By: Zimbler0 in GRITZ | Recommend this post (1)
Sat, 03 May 25 4:55 AM | 12 view(s)
Boardmark this board | Grits Breakfast of Champeens! 		Msg. 07703 of 07737
(This msg. is a reply to 07677 by micro)
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MIcro > A Fool plays "hold'em" with your investments when the markets are crashing all around them. ITS BS about holding for the long term.. By then you will have lost a sizeable percentage of your savings.

You kinda remind me of my former boss. In 2000 when the stocks took a dive into the bottom of the toilet . . . Most of his 401K were in the stock funds. He was crying the blues. I think he finally sold out of the stocks in 2003 or so . . . and in 2004 and 2005 (I think it was) the stocks started heading back up again.

And if one looks at VFINX (Vanguards S&P 500 index fund) for a forty or fifty year span - the 2000 ugliness is just a downward blip.

But I also read Vanguards 'Money Why's' - which talked about diversified portfolios and 'balancing' ones portfolio. Tactics which served me very well through all that. (Shall I expound upon those subjects?)

Individual Stocks? Dividend Kings. Seems these are companies that like to increase their dividends every year - for fifty or more years. Proctor & Gamble (PG) and Coca Cola (KO) are both in that category and I own some of both. Sure, share prices go up and down . . . but as long as those dividend checks keep coming in and getting bigger - I'm Golden.

Zim.




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Re: The Awards You Never Get When Investing ;-)
By: micro in GRITZ
Sat, 03 May 25 12:39 AM 		Msg. 07677 of 07737

The last large market fall some decade or more earlier
I put to practical use of something I had read .

That when stocks are falling that Bonds are stable or rising gently..

So I put all of my holdings into various bonds and while others still in the markets were losing I was actually making small gains.. Its an experience I will not forget and it works. I'm not interested in losing ten percent of my investments or more. And ya don't have to.

Its pure BS about holding onto yer stocks while they are tanking your worth and no end in sight. There are alternatives and the Bonds were a good safe harbor..

Just a little trip down memory lane.

I also fired the so called investment people who allowed my father and mother's savings dip down to close to zero by telling them to just "HOLD".

Why was that? Because they wanted to get every last dime of commissions out of him and mom they could. I took their monies and invested them elsewhere where they could grow..

I got a call one day as I was driving out of state on business from the girls demanding to know why I had removed all my dad's holdings into other places.

I shortly advised advised them that :
1. Because I can
2. Because you are thieves and took advantage of two people in their 80's.
3. Because I am going to go with HONEST investment group that I have used and still do to this day..

A Fool plays "hold'em" with your investments when the markets are crashing all around them. ITS BS about holding for the long term.. By then you will have lost a sizeable percentage of your savings.

Anyway, Fiz is right in the fact that investing ain't all it is cracked up to be unattended and left to someone else out of yer perusal and sight.

I got to get offline as a severe T-Storm is raging right over top of me... Lots lightning....

Bye for now.

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