Comments on: First Time Investors, The Time Is Now http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now Family, Fitness & Finances Mon, 15 Mar 2010 17:12:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: MoneyEnergy http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-2476 MoneyEnergy Sun, 15 Feb 2009 06:52:52 +0000 http://www.ezgreatlife.com/?p=188#comment-2476 I don't know, it's looking as though there's going to be quite a bit of time for doing some more dollar cost averaging. The latest market drop, I believe it was Feb. 11, erased all the post-Nov. 20 gains, so the DOW is back at its lows - and where individual stocks aren't, we've basically got a flat market. So there's definitely still lots of time to play catch-up... no need to hurry in with both feet. Just invest a bit at a time. <abbr><em>MoneyEnergys last blog post..<a href="http://www.getmoneyenergy.com/2009/02/my-keys-to-financial-success/">My Keys To Financial Success</a></abbr></em> I don’t know, it’s looking as though there’s going to be quite a bit of time for doing some more dollar cost averaging.

The latest market drop, I believe it was Feb. 11, erased all the post-Nov. 20 gains, so the DOW is back at its lows – and where individual stocks aren’t, we’ve basically got a flat market.

So there’s definitely still lots of time to play catch-up… no need to hurry in with both feet. Just invest a bit at a time.

MoneyEnergys last blog post..My Keys To Financial Success

]]> By: John http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-2026 John Tue, 02 Dec 2008 15:57:05 +0000 http://www.ezgreatlife.com/?p=188#comment-2026 The markets might very well continue to drop. But, by dollar cost averaging into an index fund, you will continue to purchase more shares every month. When the markets turn around and begin to rise, so will the value of your shares. I am not suggesting by any means to invest a lump sum of money at this time. Small, consistent amounts every month is the way to go in todays market. The markets might very well continue to drop. But, by dollar cost averaging into an index fund, you will continue to purchase more shares every month. When the markets turn around and begin to rise, so will the value of your shares. I am not suggesting by any means to invest a lump sum of money at this time. Small, consistent amounts every month is the way to go in todays market.

]]> By: My Loans Consolidated http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-2021 My Loans Consolidated Tue, 02 Dec 2008 08:32:06 +0000 http://www.ezgreatlife.com/?p=188#comment-2021 But how long until you stop buying? Doesn't anybody think that it will continue dropping for a long time? <abbr><em>My Loans Consolidateds last blog post..<a href="http://feedproxy.google.com/~r/MyLoansConsolidated/~3/El4hxXXl2AU/">Setting Your Financial Priorities</a></abbr></em> But how long until you stop buying? Doesn’t anybody think that it will continue dropping for a long time?

My Loans Consolidateds last blog post..Setting Your Financial Priorities

]]> By: Josh http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-1995 Josh Wed, 26 Nov 2008 22:12:51 +0000 http://www.ezgreatlife.com/?p=188#comment-1995 I agree, the time to act is now, especially before Obama can stifle the economy with his communist policies. I agree, the time to act is now, especially before Obama can stifle the economy with his communist policies.

]]> By: John http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-1984 John Tue, 25 Nov 2008 02:52:02 +0000 http://www.ezgreatlife.com/?p=188#comment-1984 Tim, you should give Sharebuilder.com a try. You can invest at little as $25 a month. Worth checking out! Tim, you should give Sharebuilder.com a try. You can invest at little as $25 a month. Worth checking out!

]]> By: John http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-1983 John Tue, 25 Nov 2008 02:50:47 +0000 http://www.ezgreatlife.com/?p=188#comment-1983 That's great Dawn! We opened accounts for our kids as well. There is huge potential at their age! That’s great Dawn! We opened accounts for our kids as well. There is huge potential at their age!

]]> By: John http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-1982 John Tue, 25 Nov 2008 02:49:01 +0000 http://www.ezgreatlife.com/?p=188#comment-1982 Thanks for the Rock Star award! Thanks for the Rock Star award!

]]> By: Davida http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-1971 Davida Sun, 23 Nov 2008 23:34:33 +0000 http://www.ezgreatlife.com/?p=188#comment-1971 I certainly wish I had planned things out a little better in earlier years so that I, too, could reap the benefits of this investor's market. BTW, you have been awarded The Rock Star Award on my blog. Check out today's post. Davida I certainly wish I had planned things out a little better in earlier years so that I, too, could reap the benefits of this investor’s market.

BTW, you have been awarded The Rock Star Award on my blog. Check out today’s post.

Davida

]]> By: dawn http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-1968 dawn Sun, 23 Nov 2008 19:49:14 +0000 http://www.ezgreatlife.com/?p=188#comment-1968 I'm with you 100% - I recently opened up two investment accounts ... one for each of my 20 something age sons. With time on their side ... I wasn't going to let this opportunity to scoop up as much as I can for them!!! <abbr><em>dawns last blog post..<a href="http://iowahippiechick.today.com/2008/11/21/freebie-friday-9/">Freebie Friday #9</a></abbr></em> I’m with you 100% –
I recently opened up two investment accounts … one for each of my 20 something age sons. With time on their side … I wasn’t going to let this opportunity to scoop up as much as I can for them!!!

dawns last blog post..Freebie Friday #9

]]> By: Apollo http://www.ezgreatlife.com/2008/11/21/first-time-investors-the-time-is-now/comment-page-1#comment-1964 Apollo Sun, 23 Nov 2008 12:39:20 +0000 http://www.ezgreatlife.com/?p=188#comment-1964 Well, there is no such time as the right time to buy...it is just a myth of the non-professional industry which managed to create the illusion they are sophisticated professionals and are regarded as such. Those who follow them (which is probably 99.8% of all so called investors) fail to realize that all they do is chase an illusion and if they do get slapped by reality it is likely too late. Sure, there are few exceptions as always...very few. One thing that always amazes me is how the majority values their time. You will always be able to recover from a loss but you will never recover from lost time. Those who have followed the lousy excuse of an investment over the past decade have likely not moved forward at all. Sure, the markets will recover (by the way if you only earn when the markets rally you already miss 50% of the opportunity...in real life the performance of the markets is 100% irrelevant to your portfolio performance) but it simply does not matter to the majority as the next crash and crisis (which is already being worked on) will wipe out that performance again and you are back where you started from. It may be sad but it is definitely true...99.8% of all market participants will never enjoy the benefits of their portfolio and continue to chase a dream...they follow the carrot-donkey investment approach which only has one destination...failure. Intelligence and sophistication is the key to success and a portfolio should perform regardless if there is a Bull Market or a Bear Market...it simply does not matter. Ignorance is very expensive and chances are that you can't afford it... <abbr><em>Apollos last blog post..<a href="http://feeds.feedburner.com/~r/ThePathToThePegasusLetter/~3/460755130/citigroup-yahoo-and-auto-bailout-all.html">Citigroup, Yahoo and the auto bailout all over again</a></abbr></em> Well, there is no such time as the right time to buy…it is just a myth of the non-professional industry which managed to create the illusion they are sophisticated professionals and are regarded as such. Those who follow them (which is probably 99.8% of all so called investors) fail to realize that all they do is chase an illusion and if they do get slapped by reality it is likely too late. Sure, there are few exceptions as always…very few.

One thing that always amazes me is how the majority values their time. You will always be able to recover from a loss but you will never recover from lost time.

Those who have followed the lousy excuse of an investment over the past decade have likely not moved forward at all. Sure, the markets will recover (by the way if you only earn when the markets rally you already miss 50% of the opportunity…in real life the performance of the markets is 100% irrelevant to your portfolio performance) but it simply does not matter to the majority as the next crash and crisis (which is already being worked on) will wipe out that performance again and you are back where you started from.

It may be sad but it is definitely true…99.8% of all market participants will never enjoy the benefits of their portfolio and continue to chase a dream…they follow the carrot-donkey investment approach which only has one destination…failure.

Intelligence and sophistication is the key to success and a portfolio should perform regardless if there is a Bull Market or a Bear Market…it simply does not matter.

Ignorance is very expensive and chances are that you can’t afford it…

Apollos last blog post..Citigroup, Yahoo and the auto bailout all over again

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