[HoodPin]

In case you haven't already seen or heard, the stock markets are taking a major dump today. DJIA is down more than 500 points.......... my TSP is shrinking........ .

[Trak Ratt]

Good thing I’m waaaay too young to retire! I’ve correctly anticipated a decline in the stock market 12 out the last 7 times

[Mike W]

Originally Posted by david riley

Good thing I’m waaaay too young to retire! I’ve correctly anticipated a decline in the stock market 12 out the last 7 times

Don't worry, studies have proven that you have about the same ERA as the people who work on Wall St.

[wludavid]

Shouldn't you old guys have diversified by now? Sure, stocks took a hit, but 10-year T-bills spiked. Not that I understand how t-bills work.

[Trak Ratt]

Originally Posted by wludavid

Shouldn't you old guys have diversified by now? Sure, stocks took a hit, but 10-year T-bills spiked. Not that I understand how t-bills work.

Don't understand what you mean by diversify? Isn't there only one type of Money? Or did I miss the memo

[Terry #44]

Originally Posted by david riley

Don't understand what you mean by diversify? Isn't there only one type of Money? Or did I miss the memo

When I decided I needed to diversify my assets, I decided to add an air cooled car.

[Vicegrip]

Originally Posted by Terry #44

When I decided I needed to diversify my assets, I decided to add an air cooled car.

did you deversify or only split your Ass-sets?



it looks like real homes, that is homes that are just big enough to hold about one family are still going up in value per FFC. The apartment buildings with one front door and address now selling as SFH are not for now. some brackets look like they are going to take a beating in the short term. If the market goes down for a while and there is enough panic or hardship selling I just might be buying. Anyone what a 2000sf house inside the beltway with a shop and lift out back?

[Mike W]

Originally Posted by wludavid

Shouldn't you old guys have diversified by now? Sure, stocks took a hit, but 10-year T-bills spiked. Not that I understand how t-bills work.

It's a direct relationshop. When stocks go down, bonds go up and vice versa. I'll be happy to go into further depth as to how they are related and the reasons beyond simple market choice as to why they tend to behave that way....
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but you're probably asleep by now

[DDD]

Originally Posted by wludavid

Shouldn't you old guys have diversified by now? Sure, stocks took a hit, but 10-year T-bills spiked. Not that I understand how t-bills work.

This is a buying opportunity.

Buy high quality, safe index funds like SP 500 and like the iShares Top 100 dividend paying companies fund, or some blue chip type mutual funds as soon as the market hits rock bottom in the next week or two.

And in the mean time you can make money on bonds.

And if there is a correction in commodities, such as oil, in the coming weeks, buy low and anticipate that oil prices will rise in the summer driving season.

EDIT: The market will come back, I swear. In the meantime, buy low.

[kaefer]

Originally Posted by DDD

This is a buying opportunity.

Dave,

I just sent you an email. Please let me know your thoughts. Thanks!