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Investments Down...Down...Down.....

September 19th, 2008 at 06:10 am

Well I am an automatic long term investor who has watched several thousand dollars in value just evaporate.

I suppose I could panic and get upset but what would be the point. I will continue to invest on a regular basis and thus buy shares of Mutual Funds, ETFs, and Stocks at a lower price.

If the economy were to collapse I fear it would take the rest of the world economy with it. Worrying is moot! Whatever happens happens and there is little I can do to change it.

The politicians on both sides of the aisle are already fingerpointing. Just what we need!Rolleyes

I hope others are doing well!

Posted in Uncategorized | 6 Comments »

6 Responses to “Investments Down...Down...Down.....”

  1. fern Says:
    September 19th, 2008 at 01:27 pm 1221827264
    1221827264

    i only look at my investments once a month, and last time i looked, they were just down 5%, but of course, i've continued to contribute 15% of my salary through my 401k, so without those contributions, i'm sure they'd be down more.

    I'm trying not to think about it. Think of the stock market as a yo-yo. It swings up, then it swings down, then it swings up....

  2. Broken Arrow Says:
    September 19th, 2008 at 01:43 pm 1221828193
    1221828193

    ...and it's swing up today. Huge!

    In any case, I'm doing fine. Still here. How are you?

  3. Ima saver Says:
    September 19th, 2008 at 04:56 pm 1221839792
    1221839792

    Mine have gone down about $50,000 this year. It hurts!!

  4. baselle Says:
    September 19th, 2008 at 06:38 pm 1221845939
    1221845939

    You got that right. You could pull your money out, but where would you put it? The US sneezes and the rest of the world catches pneumonia.

  5. Amber Says:
    October 5th, 2008 at 12:05 am 1223161527
    1223161527

    I agree, I am nerw to this and didn't have much but something is better than nothing and I too feel the pain

  6. PRICEPLUS Says:
    October 5th, 2008 at 02:36 am 1223170604
    1223170604

    I suspect it is going to get worse before it gets better!

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