mellon wrote:
Klondike5 wrote:
I got out at the end of June with the Dow at @ 15,000.
No plans to get back in any time soon. I will play it be feel.
Got out in 2008 with the Dow at 12,800 having come down from mid 14,000s. Boy was I glad I did as I watched most of my acquaintances take the ride down to 6,800.
Got back in later in 2009 with the Dow at @ 9,000
Keep in mind, all of those who have gotten out, trying to time the market, and all of those articles trying to convince people we're in for a big correction, would like nothing more than everybody to get out so it would drive the market down.
Hang tight, and reap the rewards that are about to come or you're going to miss it.
Hard to believe I posted this nonsense 4 1/2 years ago. I took quite a beating for it too.