The stock market that is. Time to monitor my stocks closely because if they pay dividends, and they keep paying dividends, buy 'em cheap.
One does have to ignore that my holdings (403B, etc) have dropped some, marshall the money I have to invest, and wait until my stocks drop below my target price.
Taking the analogy of "buy when there's blood in the streets", its like cleaning my gun while not dwelling on my own bleeding as I lie in wait in the sniper nest.
I have to remember that in March 2009, I bought great stuff - International Paper at $4/share, 3M at $45/share, Coke at $40/share. Most of my holdings pay enough of a dividend to buy an extra share/quarter.
thar she goes (down)
September 23rd, 2011 at 03:05 am
September 23rd, 2011 at 04:36 am 1316752578
I'm definitely buying stocks right now with reasonable dividend yield %, not too high or too low.
September 23rd, 2011 at 05:09 am 1316754564
September 23rd, 2011 at 02:52 pm 1316789540
Of course, I have 30+ years to retirement, so I just get happy when stocks go down and I Can buy low. Give me 20 years - I won't be so excited on these type days.
September 23rd, 2011 at 03:38 pm 1316792311
September 23rd, 2011 at 07:39 pm 1316806749
Silver's nice and pricey also - check for those silver dimes in your change .... I found one on the sidewalk about two weeks ago. If you are observant, no need to buy when you can pick up.
September 24th, 2011 at 03:15 am 1316834158
My uncle (CA) has convinced all (and I do mean all) of my dad's family to invest big time in Tesla. I invested some too (not near as much as some family members - percentage of assets or dollar value wise.)
My uncle is predicting that the stock will split ten times by December or perhaps January. I do tend to think he's got a good idea, due to his many previous successful stock ventures. Though I'm not quite willing to go "all in" as have at least two of my family members have done.