Holy Crap ! I'm ready to pull the plug !

[BigAl]

Man the stock market is nuts !! I have seen a 30% loss in Stock values two months . I either need to tie my ass to a computer and become a day trader or dump it . The part that amazes me is the stocks I own are in super good shape with lots of assets.
For example , my bank stock , that my father built and started , is one of the Top 5 in the US . Yet it is sliding down with the poor performing ones ! This is nuts !!!

The Dividends are continueing to roll in at the same rate and amount but the stocks will take a hard hit if I decide to dump them .

 

[Melensdad]

Al, I didn't pull out fast enough but I've been 90+% out of the market for months. I pulled most of my money out BEFORE my trip to the UK last summer. Still lost a bundle. I've been playing with gold for the past couple months. Its been very good to me. I've been buying on dips, selling near the peaks. Right now I am looking to hold what I have and wish I had more, and I am hoping for another dip.

I put in stop orders that trail the increases so I protect my gains. It works for me. Right now there is no real safe harbor in the market, gold is not a safe harbor but it is working for investors RIGHT NOW. Not sure how long that will hold, but for now it works.

 

[REDDOGTWO]

The stocks will rebound in time, as long as the dividends continue to roll in, there is no problem. My portfolio is down about 27% since the peak that they had last summer. I am concerned, but not overly worried. The average dividend yield on my main account is up to close to twelve per cent.

I am just thankful that it is in a IRA rather than a 201K.

 

[EastTexFrank]

Yea, I've been pretty badly beat up in the last 6 months. I started to get out when this whole subprime thing first surfaced and then nothing happened. And I waited and I waited and I waited and still nothing so I started to move back in and guess what?

Strange to think that 18 months ago I was enjoying a very, very comfortable retirement and now I may have to go get a job .... for the wife. Lazy bugger won't help out at all. Still, we've been through all this before, many times, and it's always made a comeback (please, please, please). It's just that this time I may not live long enough to see it.

Obama is going to save me though. Soc Sec starts in May and wife in December. Let the good times roll.

 

[REDDOGTWO]

The stocks will rebound in time, as long as the dividends continue to roll in, there is no problem. My portfolio is down about 27% since the peak that they had last summer. I am concerned, but not overly worried. The average dividend yield on my main account is up to close to twelve per cent.

I am just thankful that it is in a IRA rather than a 201K.

When I posted earlier, my account was down considerably at the time, closed up just a bit at the end of the day. Now only down 24% since the peak. There has been some real roller coaster days, down one day, up the next and days like today.

The IRA is now comparable to a 207K.

 

[BigAl]

The stocks will rebound in time, as long as the dividends continue to roll in, there is no problem. My portfolio is down about 27% since the peak that they had last summer. I am concerned, but not overly worried. The average dividend yield on my main account is up to close to twelve per cent.

I am just thankful that it is in a IRA rather than a 201K.

Yep ! I have one that is paying 12+% dividend . The per share price is down and I talked with my broker and he seems to think it will continue to pay dividends at my original investment price . I hope he is right !!!

Use to be Comm . Real Estate or good stocks were always a "no brainer" but now its a real mess .I keep thinking Gold is bound to burst its bubble any day ,but it continues to prove me wrong .