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Started By
Message
Starting to Get Nervous About My First Investment
Posted on 10/13/14 at 3:05 pm
Posted on 10/13/14 at 3:05 pm
So a little over a month ago I bought $3100 in VFINX.
It was at 185 when I bought.
It's down to 176.
Stay the course, right?
It was at 185 when I bought.
It's down to 176.
Stay the course, right?
6
Posted on 10/13/14 at 3:07 pm to StringedInstruments
Are you planning on leaving it in there for 30 years? Of course stay the course.
Posted on 10/13/14 at 3:07 pm to StringedInstruments
Yeah
Everything is down
It will come back
Everything is down
It will come back
Posted on 10/13/14 at 3:09 pm to LSUneaux
quote:
Are you planning on leaving it in there for 30 years? Of course stay the course.
Yeah. But shite I didn't expect to see it drop so much right afterwards.
Posted on 10/13/14 at 3:10 pm to StringedInstruments
If it's a long term investment I suggest not checking it too often
It will drive you crazy
It will drive you crazy
Posted on 10/13/14 at 3:21 pm to StringedInstruments
Stay the course, this is a short-term to intermediate term correction, basically nothing is in the green over the past month.
Posted on 10/13/14 at 3:23 pm to StringedInstruments
You should be jumping for joy at the opportunity to buy more at a cheaper price.
Posted on 10/13/14 at 3:24 pm to bayoubengals88
This guys gets it.
Posted on 10/13/14 at 3:32 pm to bayoubengals88
quote:
You should be jumping for joy at the opportunity to buy more at a cheaper price.
Excellent point considering I have a few hundred dollars to put in right now.
Posted on 10/13/14 at 3:42 pm to Croacka
quote:
I suggest not checking it too often
Solid advice. I used to check mine hourly and would freak out at a sudden mini drop
Posted on 10/13/14 at 4:22 pm to StringedInstruments
Basically everything has lost money the last few weeks. I have 20 years to retirement so I'm happy about it. I hope everything drops even more.
Posted on 10/13/14 at 4:31 pm to foshizzle
quote:
Basically everything has lost money the last few weeks. I have 20 years to retirement so I'm happy about it. I hope everything drops even more.
I rolled over a 401k to an IRA 3 weeks ago. Its stayed in cash.
Posted on 10/13/14 at 4:32 pm to foshizzle
Bought $3300 of VTSMX last week at $49. Thinking about 2k more at 47.5.
I like my chances on 20 years
I like my chances on 20 years
Posted on 10/13/14 at 4:34 pm to ItNeverRains
Best single quote on investing ever IMO
quote:
You want to be greedy when others are fearful. You want to be fearful when others are greedy-Buffet
Posted on 10/13/14 at 6:41 pm to StringedInstruments
With that kind of investment you shouldn't even think about it let alone look at it. If you want to be a long term investor in broad based funds, just set it and forget it.
Posted on 10/13/14 at 6:41 pm to bayoubengals88
Is it possible to take roth balance and reinvest in the same ira at the lower cost? For instance, if I had 10k with VFINX at $180 and it's at $173, take the 10k and buy at the 173 so I have more shares?
Posted on 10/13/14 at 9:51 pm to CHiPs25
Wtf
Posted on 10/13/14 at 9:55 pm to CHiPs25
What?
Posted on 10/13/14 at 11:27 pm to StringedInstruments
StringedInstruments:
I would definitely take a look at this thread and scroll to ThaBigFella's post (fifth post down). Read his well-written post, and look at the stock chart for PM as an example. If you use Google Finance, be sure to look at it turned on at the 5 year level so you can see the most dividend prices at one time.
I would definitely take a look at this thread and scroll to ThaBigFella's post (fifth post down). Read his well-written post, and look at the stock chart for PM as an example. If you use Google Finance, be sure to look at it turned on at the 5 year level so you can see the most dividend prices at one time.
This post was edited on 10/13/14 at 11:28 pm
Posted on 10/14/14 at 7:41 am to CHiPs25
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