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BlueSkyForever

BlueSkyForever
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  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    The main reason I'm posting what my husband & I went through is to help others. And to show that no matter how bad it gets, you can turn your results around.

    Selling at a the bottom - especially if you are invested in quality - is a huge mistake.

    Had I listened to my husband, who did want to sell....we would have done very badly.

    I've made a lot of mistakes too. Looking back, it's hard not to feel angry. However, sometimes when you are married, your spouse doesn't do what you ask.

    We had stock in his "company plan" ( not 401k) worth around $350,000 at one time. While I begged him to sell it, he didn't listen. Finally when he did sell it, it was worth around $35,000.

    That's one of the reasons I took over : ) And he never questions my financial decisions. In fact, he is quite impressed.

    Another tragedy was his 401k plan that became a "201k" plan. Then we rolled it over, after he left his company.

    I've made blunders too. Buying stocks in 1999 that went to zip....that taught me to stay away from IPO's. Also a reason that I went back to work, and managed to make more $ than I lost in the stock market.

    However, now I wish I'd focused more on our investments from 2001, as it's likely we could have avoided some of those huge losses if I'd been paying more attention.

    Imagine, I paid off our house instead of putting the money into the stock market. That was around 2009.

    Perhaps we have to make lots of mistakes, before learning how to do things right.
    Aug 27 09:29 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    RD, that is why investing in the market for the long haul really does work. Even for me, and I'm not young (57 now).

    Investing in quality stocks that pay a dividend will give you good results, over time. Imagine if we had all started in our 20's and kept on putting $ in the market, every month. Just $100 a month, and then increasing the amount as I got older, would have given me much better results.

    Investing in quality blue ribbon DGI type stocks would have also kept my husband & I out of the stupid dot com stocks too.

    Well it took many years for me to get smarter.
    Aug 27 09:15 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    E, it was really bad. But, I had complete faith that the markets would recover....and didn't look at any retirement statements for a long time. Never sold anything during that awful time, in our retirement accounts.

    Some stocks I still will not touch, like (NASDAQ:CSCO). (NYSE:PBR) is another one that I truly hated.

    What's even worse, my husband and I lost a lot of $ during the dot com busted era....remember those days? That was in our investing account, but also in his 401k plan.

    During 2008 to early 2013, I had an investment account that suffered as well. However, I did buy many stocks in that account when they were low. I remember buying (NYSE:GE) when it was really cheap, and making $ on that.

    But I wasn't reading SA back then. Since finding this site, my investing skills have improved a lot.
    Aug 27 09:09 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    Since early last year, I've been committed to investing in great stocks that pay a dividend. Sometimes a growth stock has made me money, sometimes it was wise to sell.

    The worst times have been selling, and then watching that former stock I had take off.

    So far, it's been working okay.

    Years ago - late 2007 - we rolled over several 401k plans & had to invest about $670,000. Who knew how bad the financial crisis would be.....although I went into the market very slowly (it took a little over a year) it was the absolute worst time to be doing that, as the markets continued to fall, until spring 2009.

    In spite of that, the mutual funds & bonds funds that I chose did indeed rebound. It took awhile, and it was painful. By 2011, the portfolios were back & even surpassed the original amount invested. 2012 was a very good year. Then I started reading here on SA in early 2013. After selling out of all the mutual funds and individual bonds, a transition to stocks was completed.

    I think the low was around $350,000 sometime in 2009; now that number has surpassed $1.2 million in just my husband's retirement account. Since Jan. 1, his account is up $120,000.

    There are times when the markets really worry me. So I sell off some of the positions that are riskier, and don't pay a dividend.

    All of the commentary here is interesting to me.

    And I thank the authors & posters that have allowed me to make better investment decisions.

    There will always be people that criticize your posts.

    How you handle that is up to you; ignoring nonsense/rudeness is what I do.

    Just keep doing what you do. Either you will take the advice offered by others or ignore it - in the end, your investment results will tell you if your decisions were right or wrong.
    Aug 27 08:50 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    Market continues to trend to the upside, even with all the geopolitical stuff (Ukraine, etc) still messy.

    Draghi helped buoy expectations in Europe with his speech in Jackson Hole about willing to be a Fed copycat & keep Eurozone from falling into a recession.

    So looks like the bulls continue to run, for now.

    There are plenty of stocks out there that continue to earn $ & have a positive long term outlook.

    It's not easy to identify them....you have to look, but Chuck Carnevale just wrote another article

    http://seekingalpha.co...
    Aug 27 08:31 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    Here's an article from yahoo about Deere layoffs

    http://aol.it/1qc1XWY

    Problem is, these layoffs may cause the stock to go higher.
    Aug 25 11:57 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    L, Draghi easing means Eurozone may be able to stay out of a recession.

    That's good for us too.
    Aug 25 11:03 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    Let me contrast these observations back to 2009 and 2010....the "parking lot" indicator.

    There's a Friday's restaurant near where I shop for groceries. Back in the dark days, the parking lot was pretty empty.

    Now it's packed, even on week day nights.

    Also noticed how packed the parking lot was on Saturday in another shopping center near me, with many stores ranging from Pet Smart, Marshall's, A&P grocery store, etc.

    It's good to see that again. The last few years, those parking lots were over 50% empty. All the time....now there are new stores & restaurants opening up in the previously vacant stores.
    Aug 25 11:01 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    Agree F&G, we are on a higher roll here until after 2015, could even last longer.

    All depends on how much $ consumers are willing to spend....the Fed has been gaming the system for years. Finally, we are seeing the US consumer getting back to spending. More jobs, more $, cheap gas, still cheap mortgages, and on it goes.

    Last night we were at the Jersey shore in Long Branch, the number of people out & about was good. Usually, the tourists are already home by Sun. night....so it was nice to see that lots of folks were out enjoying a beautiful evening, spending $.

    Also went to NYC on Saturday. What can I say, the joint is jumping. NYC continues to be a crowded, never ending party.

    Looks to me like the economy is on a roll. Consumers are spending. Chelsea market, near the Highline in lower Manhattan was packed.
    Aug 25 10:56 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    RD, be careful with (NYSE:DE). It could actually go up from here, having already fallen the last few months.

    Yes there will be a bumper crop this year, in the US for corn & soybeans. Last spring, I said it would be. It was not a guess....I have a lot of ties to real, hard working mid-western farmers. And real friends that have worked in Deere's factories for decades.

    The thing is, farmers can store their crops & sell next year, if they decide that's best for them.

    My brother warned me very early this year that Deere stock would fall. His reason was....talking to his farmer friends, that have already bought tractors in the last few years. And the world wide demand for tractors decreasing, at least for now.

    But, Deere is one of those companies that never fails to rise again. Long history of beating expectations. It's a hold, or buy on the dip stock at this point.....long term this company is a winner.

    However, you could make $ short term. Best of luck to you.

    I sold my (DE) stock awhile back. Will buy again if we get a good dip.
    Aug 25 10:48 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    Looks like we can call this the "Draghi rally."

    http://cnb.cx/1qbMjuw

    as long as there is going to be easy money, the stock market is the place to be for now.
    Aug 25 10:00 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    User, congratulations on your update about your future wedding! Wishing you present & future happiness : )
    Aug 25 09:42 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    One stock in particular must be a day trader's darling.
    (NASDAQ:ICPT) on a roll higher again....wow.

    (NASDAQ:TSLA) inexplicable. So is (NASDAQ:SCTY).

    Maybe some of these are "short squeezes?" Seems to be the case with (NASDAQ:SSYS).

    By the way, the above are all highly speculative stocks. I'm relieved to be out of them : )

    Meanwhile, back to do more research on my "personal mutual fund" holdings.
    Aug 25 09:40 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #38 [View instapost]
    It's a tough time to get into the market. For those that are invested (and have been for a long time) it's like being on a roller coaster, still going up....for now.

    I've always been afraid of heights....trying to enjoy the ride.

    Every stock I sold in the past couple of weeks has gone higher.

    Fortunately, I didn't sell much.

    Looking for an entry point again is painful.
    Aug 25 09:35 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #37 [View instapost]
    We may have to wait awhile for the next dip....meanwhile I'm patiently waiting, cash in hand for the next buying opportunity.

    Some stocks that have been beaten down are showing signs of life. (NYSE:IBM) (NASDAQ:MAT) (NYSE:BA) (NYSE:BGS) even (NYSE:MCD) (NYSE:WMT) (NYSE:AFL).

    Banks are starting to show some upside (NYSE:BAC) (NYSE:JPM) (NYSE:C).

    Sept/Oct are going to be very interesting. The big hedge funds & financial mgrs are going to be under pressure to show earnings. When they start to sell & the markets dip, that is what I'm waiting for.

    IMO the US markets are a haven for investors all over the world. This is why long term, we will do even better.

    Imagine all the rich people in Russia trying to find a safer place to put their $.

    Could explain why we continue to go higher, in spite of bad data everywhere else (Europe, Ukraine/Russia, etc.).

    We need to remember that only 5% of the US population (more or less) is cognizant of the stock market & has the $ to invest in it.

    What the other 95% does has little bearing on the markets. Kind of makes you wonder what we are worried about : ) At least we are in the group that might make $.
    Aug 21 02:50 PM | 1 Like Like |Link to Comment
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