View Single Post
Old 08-24-2015, 11:44 AM   #842
Kelt
Senior Member

How Do You Identify?:
Beach Butch
 
Kelt's Avatar
 

Join Date: Oct 2010
Location: SoCal
Posts: 2,751
Thanks: 19,765
Thanked 15,289 Times in 2,539 Posts
Rep Power: 21474853
Kelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST ReputationKelt Has the BEST Reputation
Member Photo Albums
Default

Quote:
Originally Posted by MsTinkerbelly View Post
Don't panic.
Don't sell.
Buy, buy, buy if you can.

The big boys will cause this "crisis" so that folks like us will panic and sell, and they can buy low and pad their accounts even more.

You probably know this, but I learned it when the stock market tanked, and the employer I had bought mega stock for each of our 401k's. When I left the company I had a very hefty nest egg, due primarily to this kindness to his staff.
Amen, I wish I could right now, the whole friggin world is on sale today.

They say never try to time the market and I don't. Unfortunately I have some estate things on the move last week and this. My usual response is to treat it like a bear in the woods (< pun intended), be still, be quiet, and it will go away.

There was one position that was set to go today and I was able to stop it, whew!

Buckle up folks.
Kelt is offline   Reply With Quote
The Following 2 Users Say Thank You to Kelt For This Useful Post: