Comments on: The Good Thing About The Market’s Poor Performance http://www.consumerismcommentary.com/the-good-thing-about-the-markets-poor-performance/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Mon, 13 Feb 2012 03:52:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jerry Kindall http://www.consumerismcommentary.com/the-good-thing-about-the-markets-poor-performance/comment-page-1/#comment-25538 Jerry Kindall Wed, 14 Jun 2006 17:28:08 +0000 http://www.consumerismcommentary.com/2006/06/12/the-good-thing-about-the-markets-poor-performance/#comment-25538 Unfortunately I maxed out my IRA at the beginning of the year, so I'll have to wait until January 2007 to take advantage of lower prices -- if they still exist then, of course. (Even if the market comes back to where it was at the beginning of 2006, of course, being able to buy stocks at similar prices two years in a row is a benefit from a cost-averaging standpoint.) Unfortunately I maxed out my IRA at the beginning of the year, so I’ll have to wait until January 2007 to take advantage of lower prices — if they still exist then, of course. (Even if the market comes back to where it was at the beginning of 2006, of course, being able to buy stocks at similar prices two years in a row is a benefit from a cost-averaging standpoint.)

]]> By: traineeinvestor http://www.consumerismcommentary.com/the-good-thing-about-the-markets-poor-performance/comment-page-1/#comment-24908 traineeinvestor Wed, 14 Jun 2006 10:20:45 +0000 http://www.consumerismcommentary.com/2006/06/12/the-good-thing-about-the-markets-poor-performance/#comment-24908 Having been through downturns before, I agree that they are good times to keep investing with a dollar cost averaging strategy. It can hurt for a time, possibly a long time, but any other approach - whether to sell or to buy or to hold or to stand aside - effectively involves an attempt to try and time the market. This is not something I generally feel confident in doing unless the over/under valuation gets extreme. Having been through downturns before, I agree that they are good times to keep investing with a dollar cost averaging strategy. It can hurt for a time, possibly a long time, but any other approach – whether to sell or to buy or to hold or to stand aside – effectively involves an attempt to try and time the market. This is not something I generally feel confident in doing unless the over/under valuation gets extreme.

]]> By: JR http://www.consumerismcommentary.com/the-good-thing-about-the-markets-poor-performance/comment-page-1/#comment-24836 JR Tue, 13 Jun 2006 20:18:34 +0000 http://www.consumerismcommentary.com/2006/06/12/the-good-thing-about-the-markets-poor-performance/#comment-24836 I'm in the same spot, transferring weekly into an IRA. I'm a little grumpy because I transferred a big chunk from bonds into a Vanguard ETF (Target Retirement 2035) about a month ago. I've lost about a hundred dollars per week since. It helps to realize you've got 25-30 years of dollar-cost averaging to smooth out the lows, but I sure wish I had waited a few more weeks for the transfer! I’m in the same spot, transferring weekly into an IRA.

I’m a little grumpy because I transferred a big chunk from bonds into a Vanguard ETF (Target Retirement 2035) about a month ago. I’ve lost about a hundred dollars per week since. It helps to realize you’ve got 25-30 years of dollar-cost averaging to smooth out the lows, but I sure wish I had waited a few more weeks for the transfer!

]]> By: Hazzard http://www.consumerismcommentary.com/the-good-thing-about-the-markets-poor-performance/comment-page-1/#comment-24832 Hazzard Tue, 13 Jun 2006 18:38:42 +0000 http://www.consumerismcommentary.com/2006/06/12/the-good-thing-about-the-markets-poor-performance/#comment-24832 I'm in EXACTLY the same boat. Watching my net worth take a hit, but adding money in every two weeks at the lower prices. My aunt is in a panic. She's afraid she's going to lose it all. It's always like this with her though. She doesn't want to sell at a high because she's afraid she'll miss out on the even higher prices, but when it goes down she always panics and wants to sell...... I’m in EXACTLY the same boat. Watching my net worth take a hit, but adding money in every two weeks at the lower prices. My aunt is in a panic. She’s afraid she’s going to lose it all. It’s always like this with her though. She doesn’t want to sell at a high because she’s afraid she’ll miss out on the even higher prices, but when it goes down she always panics and wants to sell……

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