Quote:
Originally Posted by V_RocKs
This isn't the first time the stock market took a dive and it won't be the last.
You have a $100K portfolio... it is now worth $70K... You wait 10 years... the exact same stock without adding any new additions is worth $150K...
Basically you don't sell stock when it takes a dive.. .you buy a ton of it...
The additional $20K you bought when it was low is worth $45K in that ten years.. you get the idea.. I hope.
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I hope your right... I havent sold the stock yet but it hurts to see $100k evaporate in a matter of weeks.
I do think though that this time is different. This isnt just a fear of a slowing economy or a terrorist attack. This exposes a fundamental instability/flaw in the system. Its a system that can do longer be trusted.
