stocks are like socks. you always have to buy them, they are just on sale right now.
Whenever anyone uses the words "sale" or "fire sale" or "warehouse sale" or "clearing house" to describe the price of stocks when the market is down, it makes my ass twitch.
"If you're looking for someone to pull you out of that ditch, you're out of luck."
I haven't opened my retirement account mailing for the past 18 months. I just shove them in a drawer when I get them. I'm sure if I opened them, I'd just want to kill myself.
My husband opened his the other day and walked into the den and said "well, I regret doing that", and threw it with the others.
I'm in it for the long haul, so at this point "deinal" works nicely for me.
as long as you're not reitring soon, losing money in a 401 isn't such a bad thing. you're buying the stocks cheap. Jut hang in there, and make sure the investments are solid
I plan on robbing folks who bothered saving their money.
my plan is just to then rob you... and then buy a safe
oh scary... 40000 morbidly obese christians wearing fanny packs invading europe is probably the least scariest thing since I watched an edited version of The Care Bears movie in an extremely brightly lit cinema.
thats one of the coolest things ive ever heard
im going to use that with my clients, sorry but its a good line
It's really not. Any client with an IQ above 40 would (and should) call that "boilerplate." Then they'll be pissed off when they read it in a blurb in American Way magazine on their next flight.
"If you're looking for someone to pull you out of that ditch, you're out of luck."
Get ready for recession 09 folks (i feel we are already in it). However, the price may already be built into the stock market so the effects may be debatable. If you're tired of your current advisor/planner shoot me a PM. I do financial planning for a living and feel like I do a prudent job and am honest with my clients.
I know it's a shameless plug, but hey I'll throw it out there. It's a very tough investment environment right now, but market timing is not the answer. Don't focus on the bad. Focus on the things you can do right: Saving in tax advantaged retirement plans, using solid investment products, managing your income tax properly, protecting what you can't afford to lose (life, ability to work, family, estate), avoiding the wrong type of debt (cars, credit cards, adjustable rate HELOC's), and putting an estate plan in place especially if you have kids.
Market volatility is terrible. Like an above poster said, if you have a specific question shoot me a PM> Get help if you're not sure what you're doing. The effects may be minimal now, but the long term effects will be huge if you do things right for long periods of time.
"That's part of the curse: If you're gonna play the song, you better play it. I've tried to phone in "Jeremy" a few times, and it's tough. It doesn't work."
It's really not. Any client with an IQ above 40 would (and should) call that "boilerplate." Then they'll be pissed off when they read it in a blurb in American Way magazine on their next flight.
who pissed in your cheerios?
just because something may be boilerplate doesn't mean it isn't true. if you are a long term investor, this is a good time to be buying.
You'd never make it past my attack goat. My stolen money will be safe.
an attack goat is no match for a petulant zebra
oh scary... 40000 morbidly obese christians wearing fanny packs invading europe is probably the least scariest thing since I watched an edited version of The Care Bears movie in an extremely brightly lit cinema.
It's a little different in Canada (I have live in both countries).
But the key when you are young, is to not obsess over the monthly or quarterly statements. I don't even look at them until tax season. Over the long term, the market will go up.
My Wife and I have been investing for 10 years. Overall, we have increased our investmemt by 30% in those years, by having the money in the market.
Comments
Whenever anyone uses the words "sale" or "fire sale" or "warehouse sale" or "clearing house" to describe the price of stocks when the market is down, it makes my ass twitch.
My husband opened his the other day and walked into the den and said "well, I regret doing that", and threw it with the others.
I'm in it for the long haul, so at this point "deinal" works nicely for me.
D you do this stuff for a living? As they say in Boston, you must be wicked smaht!!!
You really don't have to be at all smart to be a decent advisor, especially if you work for the big F (Fidelity). It's all an act.
yes, i'm a financial planner. its fuckin pissah
thanks. please send all checks to me, payable to sweet adeline
Where I'm not ugly and you're lookin' at me
My job is to help people plan for retirement
2006: Camden 1&2, East Ruth 1&2
2008: BONNAROO, MSG1, MSG2, Hartford
2009: Philly 1, 2, 4
2010: Hartford, MSG1, MSG2
2012: Made in America
2013: BK1, BK2, Hartford
2015: Global Citizens
2016: MSG 2 (ISO MSG1)
EV Solo: NJPAC 2008; Tower Theatre, PA 2009; Hartford 2011
posters and pork futures. its good to diversify
thats one of the coolest things ive ever heard
im going to use that with my clients, sorry but its a good line
2006: Camden 1&2, East Ruth 1&2
2008: BONNAROO, MSG1, MSG2, Hartford
2009: Philly 1, 2, 4
2010: Hartford, MSG1, MSG2
2012: Made in America
2013: BK1, BK2, Hartford
2015: Global Citizens
2016: MSG 2 (ISO MSG1)
EV Solo: NJPAC 2008; Tower Theatre, PA 2009; Hartford 2011
Unless you have millions of dollars and are the hedge fund type, like my clients were- financial advisors are totally irrelevant.
All you need to properly save for retirement is a disciplined approach and a decent connection to the internet.
my plan is just to then rob you... and then buy a safe
It's really not. Any client with an IQ above 40 would (and should) call that "boilerplate." Then they'll be pissed off when they read it in a blurb in American Way magazine on their next flight.
You'd never make it past my attack goat. My stolen money will be safe.
Please Support My Writing Habit By Purchasing A Book:
https://www.createspace.com/3437020
http://www.facebook.com/profile.php?id=100000663025696
http://earthtremors.blogspot.com/
I know it's a shameless plug, but hey I'll throw it out there. It's a very tough investment environment right now, but market timing is not the answer. Don't focus on the bad. Focus on the things you can do right: Saving in tax advantaged retirement plans, using solid investment products, managing your income tax properly, protecting what you can't afford to lose (life, ability to work, family, estate), avoiding the wrong type of debt (cars, credit cards, adjustable rate HELOC's), and putting an estate plan in place especially if you have kids.
Market volatility is terrible. Like an above poster said, if you have a specific question shoot me a PM> Get help if you're not sure what you're doing. The effects may be minimal now, but the long term effects will be huge if you do things right for long periods of time.
EV
glad you liked it.
who pissed in your cheerios?
just because something may be boilerplate doesn't mean it isn't true. if you are a long term investor, this is a good time to be buying.
And I don't feel right when you're gone away
an attack goat is no match for a petulant zebra
My goats are hopped up on GGH so it should be a tremendous cage match. Hell, maybe I'll just sell tickets to this event rather than rob people.
Please Support My Writing Habit By Purchasing A Book:
https://www.createspace.com/3437020
http://www.facebook.com/profile.php?id=100000663025696
http://earthtremors.blogspot.com/
But the key when you are young, is to not obsess over the monthly or quarterly statements. I don't even look at them until tax season. Over the long term, the market will go up.
My Wife and I have been investing for 10 years. Overall, we have increased our investmemt by 30% in those years, by having the money in the market.
Here's a VERY simple way to look at it:
20's-30's - Agressive
40's - Moderate
50's - Conservative.
Move your money over time into Iron clad investments and safe investments.
Just be glad you are not faced with retirement during a recession. That's the tough part.