Like I said, long term works.

Current Events » in reply to I've done really really well in the market, over the years.

TB — 5/23/2013 8:46:54 PM (archived)

If you've been in the market for years and didn't panic on drops or dump loads of cash in on peaks, you're probably doing just fine.

I didn't unload any stocks or mutual funds at all after the 2008 crash. When I finally sold some equities to balance my portfolio, the market was higher than it had been before the crash. I lost nothing.

The whole thread (11 posts)

Financial advice - TB - 5/23/2013 4:38:00 PM
- The market dropped--slightly, from its highest point in history. It's still over 15K now. - ER - 5/23/2013 6:05:33 PM
  - I've done really really well in the market, over the years. - alcaray - 5/23/2013 8:40:01 PM
    - Like I said, long term works. - TB - 5/23/2013 8:46:54 PM
      - We are near record highs, true. - alcaray - 5/23/2013 9:01:09 PM
  - Playing the market is indeed a chump's game, - TB - 5/23/2013 6:27:47 PM
    - Being debt-free is also a lot easier if you have two incomes. - ER - 5/23/2013 7:25:09 PM
      - If you have kids you need two incomes. - bowser - 5/24/2013 6:14:16 AM
      - Re: Being debt-free is also a lot easier if you have two incomes. - TB - 5/23/2013 8:44:10 PM
        
        Freedom of Choice. n/t - ER - 5/23/2013 9:01:25 PM
        
        Same here. - TB - 5/23/2013 9:12:36 PM

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