Comments on: S&P 500 Down Nearly 50% in 2008 http://allfinancialmatters.com/2008/11/21/sp-500-down-nearly-50-in-2008/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 21 Nov 2009 13:00:57 -0800 http://wordpress.org/?v=abc hourly 1 By: Frank Stevens http://allfinancialmatters.com/2008/11/21/sp-500-down-nearly-50-in-2008/comment-page-1/#comment-382503 Frank Stevens Mon, 24 Nov 2008 17:22:17 +0000 http://allfinancialmatters.com/?p=2976#comment-382503 I believe this is a great market to short sell luxery stocks. Stocks such as HZO, a luxery boat company just went up dramatically and are about to plummet. This is a good time to short sell HZO. If you own HZO, this is a good time to sell. Other luxery stocks will go down due to the bear market and hard financial times. Frank Stevens (Financial Advisor) I believe this is a great market to short sell luxery stocks. Stocks such as HZO, a luxery boat company just went up dramatically and are about to plummet. This is a good time to short sell HZO. If you own HZO, this is a good time to sell. Other luxery stocks will go down due to the bear market and hard financial times.
Frank Stevens (Financial Advisor)

]]> By: Stacey http://allfinancialmatters.com/2008/11/21/sp-500-down-nearly-50-in-2008/comment-page-1/#comment-381715 Stacey Fri, 21 Nov 2008 19:20:45 +0000 http://allfinancialmatters.com/?p=2976#comment-381715 Today I bumped up our P&G drip's monthly contribution. It's the only stock in our portfolio I still have the warm fuzzies for! But I am a patient woman, and continue to add to DH's 401K and the kids' 529 plans, and my own T Rowe Target fund. But seeing the A**-kickin' they've taken the only comfort is I'm buying "cheap"--As a woman scorned, I no longer love them :( Just moved some liquid funds into ING's CDs to juice our earnings from the (low-but-not-negative!) savings acct rate. Also, paid off some zero-percent debt (yes, I know I'm giving up some arbitrage!) and will watch to see what the crazy market does next...Isn't some market resistance finally here? Today I bumped up our P&G drip’s monthly contribution. It’s the only stock in our portfolio I still have the warm fuzzies for!

But I am a patient woman, and continue to add to DH’s 401K and the kids’ 529 plans, and my own T Rowe Target fund. But seeing the A**-kickin’ they’ve taken the only comfort is I’m buying “cheap”–As a woman scorned, I no longer love them :(

Just moved some liquid funds into ING’s CDs to juice our earnings from the (low-but-not-negative!) savings acct rate. Also, paid off some zero-percent debt (yes, I know I’m giving up some arbitrage!) and will watch to see what the crazy market does next…Isn’t some market resistance finally here?

]]> By: Curt http://allfinancialmatters.com/2008/11/21/sp-500-down-nearly-50-in-2008/comment-page-1/#comment-381653 Curt Fri, 21 Nov 2008 14:27:31 +0000 http://allfinancialmatters.com/?p=2976#comment-381653 Hold back.. it's not the bottom yet. Hold back.. it’s not the bottom yet.

]]> By: ABC http://allfinancialmatters.com/2008/11/21/sp-500-down-nearly-50-in-2008/comment-page-1/#comment-381622 ABC Fri, 21 Nov 2008 12:44:47 +0000 http://allfinancialmatters.com/?p=2976#comment-381622 It certainly is depressing. One thing I've been more afraid of is buying individual stocks - regardless of how "cheap" they are. Especially in the financial sector. It certainly is depressing. One thing I’ve been more afraid of is buying individual stocks – regardless of how “cheap” they are. Especially in the financial sector.

]]> By: Steve Braun http://allfinancialmatters.com/2008/11/21/sp-500-down-nearly-50-in-2008/comment-page-1/#comment-381587 Steve Braun Fri, 21 Nov 2008 12:07:42 +0000 http://allfinancialmatters.com/?p=2976#comment-381587 Fear and greed cause the market to be overblown in opposite directions. We are in a cycle of fear. For those with a long-term investment time-frame, buy now and pat yourself on the back in 15, 20, 30+ years. You can tell the grandkids that you had the foresight to buy at the bottom of a "once or twice in a century" financial debacle. Fear and greed cause the market to be overblown in opposite directions. We are in a cycle of fear. For those with a long-term investment time-frame, buy now and pat yourself on the back in 15, 20, 30+ years. You can tell the grandkids that you had the foresight to buy at the bottom of a “once or twice in a century” financial debacle.

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