What are you doing right now?

MsTinkerbelly · 08-24-2015, 12:14 PM

Quote:

Originally Posted by Orema

That's what I keep hearing, Ms. T, but it's so hard not to move everything into mutual bonds till things cool down. Okay, I'm not gonna look at my 401k today. I'm just gonna sit tight. For now.

Good luck to everyone—we're gonna need it.

If you don't need the money to live on right this minute, the downslide really isn't affecting your 401k or the stock in it. The market slide (caused this time primarily by China) will stop, and stocks will begin to rise once again.

As I mentioned before, the people selling now are the everyday investors, and the rich will buy and get richer. Putting your money in a mutual bond sounds safe, but you will be selling at current prices (low), and then moving back to stocks when the prices go up....effectively losing money!

Good luck!

JDeere · 08-24-2015, 01:00 PM

Laying in bed trying to relax after my long weekend.

Gemme · 08-24-2015, 06:53 PM

Quote:

Originally Posted by BullDog

Chilling out, listening to music, taking a bit of a break this morning. I've been working very long hours and I needed it. Also, my latest and greatest writing gig is about how to get dates using the Tinder app (never heard of it till now). That's about the last thing I would like to write about.

Swipe right.

Quote:

Originally Posted by MsTinkerbelly

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.

Be it smart or stupid or somewhere in between, I only check my 401k once a quarter.

I've got enough stress in my life as it is.

Right now, I'm practicing couch potato-dome.

JDeere · 08-24-2015, 07:48 PM

Watching football.
Thinking about going to bed early.

MsTinkerbelly · 08-25-2015, 01:24 AM

Be it smart or stupid or somewhere in between, I only check my 401k once a quarter.

I've got enough stress in my life as it is.

Right now, I'm practicing couch potato-dome.[/QUOTE]

Most people don't obsess about their 401k's...once a quarter is good for rebalancing, or noticing if a stock is/isn't performing well and making changes.

Orema · 08-25-2015, 05:32 AM

Painting my face while pondering the day ahead.

Gemme · 08-25-2015, 05:43 AM

I'm wondering if I should bring my floaties to the office with me.

Bèsame* · 08-25-2015, 09:06 AM

turning off morning TV!

08-24-2015, 01:00 PM	#2
JDeere Practically Lives Here How Do You Identify?: Transgender Preferred Pronoun?: He/him/his Relationship Status: Single Join Date: Jul 2014 Location: Oklahoma Posts: 17,752 My Photo Gallery Thanks: 31,018 Thanked 28,833 Times in 9,708 Posts Rep Power: 21474865	Laying in bed trying to relax after my long weekend. __________________ Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. Albert Einstein

08-24-2015, 07:48 PM	#4
JDeere Practically Lives Here How Do You Identify?: Transgender Preferred Pronoun?: He/him/his Relationship Status: Single Join Date: Jul 2014 Location: Oklahoma Posts: 17,752 My Photo Gallery Thanks: 31,018 Thanked 28,833 Times in 9,708 Posts Rep Power: 21474865	Watching football. Thinking about going to bed early. __________________ Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. Albert Einstein

08-25-2015, 05:43 AM	#7
Gemme Practically Lives Here How Do You Identify?: Queer Stone Femme Girl of the Unicorn Variety Preferred Pronoun?: She, as in 'She's a GEM' Join Date: Nov 2009 Location: The roads are narrow here Posts: 36,631 My Photo Gallery Thanks: 182,498 Thanked 107,925 Times in 25,666 Posts Rep Power: 21474887	I'm wondering if I should bring my floaties to the office with me. __________________ Gemme's Journal I'm misunderestimated.

08-25-2015, 09:06 AM	#8
Bèsame* Practically Lives Here How Do You Identify?: Femm Preferred Pronoun?: She Relationship Status: loved by many Join Date: Sep 2012 Location: Closer to the waves Posts: 15,408 My Photo Gallery Thanks: 29,161 Thanked 40,985 Times in 10,756 Posts Rep Power: 21474865	turning off morning TV! __________________ kisses A kiss is a whisper in your mouth. Can I borrow a kiss? I promise to give it back.

08-25-2015, 01:24 AM	#5
MsTinkerbelly Timed Out - TOS Drama How Do You Identify?: ... Preferred Pronoun?: ... Join Date: Nov 2009 Location: ... Posts: 6,573 My Photo Gallery Thanks: 30,737 Thanked 22,906 Times in 5,017 Posts Rep Power: 0	Be it smart or stupid or somewhere in between, I only check my 401k once a quarter. I've got enough stress in my life as it is. Right now, I'm practicing couch potato-dome.[/QUOTE] Most people don't obsess about their 401k's...once a quarter is good for rebalancing, or noticing if a stock is/isn't performing well and making changes.

08-25-2015, 05:32 AM	#6
Orema Superlative Soul Sister How Do You Identify?: Lesbian stone femme Preferred Pronoun?: She, her Relationship Status: Moving in a single file Join Date: Dec 2013 Location: Cottage of Content Posts: 13,636 My Photo Gallery Thanks: 41,456 Thanked 34,710 Times in 8,945 Posts Rep Power: 21474861	Painting my face while pondering the day ahead.