You people should have gotten out of the market a long time ago. What were you thinking when the market started to tank? I got out in October. I've had my money in Money Market accounts since then.
I still watch the stock funds that I was in, and I literally saved thousands by not being in the market.
"Buy and hold" is a thing of the past.
GET THE FUCK OUT WHILE YOU STILL HAVE MONEY!!
No one knows how low it will go, and still some of you are just hoping that it will bounce back. And even if it does, some of you will never make back what you lost. Get out.
Wait for the market to rise above it's 39 week average, then buy back into it, but not a day sooner.
If that means not buying in for a while, then so be it.
And why buy stocks when you can diversify more with funds? I'm strictly funds, and have done well in the past. I know you can make more with Stocks, but is the risk worth it? Your retirement money pissed away on Stamps.com (STMP)
The funny thing is that I actually know a guy that sank his money in Stamps.com. Dummy. Last week, they decided to liquidate the company. It's a beautiful chart at yahoo, a perfectly shaped ski slope.
And now for a shameful plug
http://fabian.com/
This man saved me thousands!!!