Comments on: Keeping a Level Head in a Down Market – Should you Stay the Course? http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/ Saving, Earning, and Investing Money Sat, 21 Nov 2009 00:22:17 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: rstlne http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-13136 rstlne Fri, 07 Sep 2007 15:44:23 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-13136 I think one answer is to be diversified across asset classes. Have some stocks, bonds, real estate, precious metals, and cash. Rebalance your asset allocation periodically to move money out of asset classes that have gotten ahead of themselves. I think one answer is to be diversified across asset classes. Have some stocks, bonds, real estate, precious metals, and cash. Rebalance your asset allocation periodically to move money out of asset classes that have gotten ahead of themselves.

]]> By: More Carnivals and a Festival for all to enjoy | I've Paid For This Twice Already... http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12876 More Carnivals and a Festival for all to enjoy | I've Paid For This Twice Already... Tue, 04 Sep 2007 15:06:24 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12876 [...] Man at Lazy Man and Money writes about keeping a level head in a down market and asks should you stay the course? I used to be afraid of risk but now I’m more afraid *not* to [...] [...] Man at Lazy Man and Money writes about keeping a level head in a down market and asks should you stay the course? I used to be afraid of risk but now I’m more afraid *not* to [...]

]]> By: Advanced Personal Finance » Blog Archive » Carnival of Personal Finance #116 - NSA Edition http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12809 Advanced Personal Finance » Blog Archive » Carnival of Personal Finance #116 - NSA Edition Tue, 04 Sep 2007 01:37:26 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12809 [...] Lazy Man at Lazy Man and Money writes about keeping a level head in a down market and asks should you stay the course? [...] [...] Lazy Man at Lazy Man and Money writes about keeping a level head in a down market and asks should you stay the course? [...]

]]> By: Roundup for week of 26 August 2007: Country roads edition at Mighty Bargain Hunter http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12643 Roundup for week of 26 August 2007: Country roads edition at Mighty Bargain Hunter Sun, 02 Sep 2007 05:38:53 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12643 [...] Lazy Man and Money writes on keeping a level head in a down market. [...] [...] Lazy Man and Money writes on keeping a level head in a down market. [...]

]]> By: Free Money Finance http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12466 Free Money Finance Fri, 31 Aug 2007 10:19:55 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12466 <strong>Star Money Articles for the Week of August 27...</strong> Here are some recent interesting posts from the MoneyBlogNetwork and beyond: Five Cent Nickel discusses longevity insurance. Blueprint for Financial Prosperity gives details on Wilmington Trust Direct. Consumerism Commentary kicks off a series on renta... Star Money Articles for the Week of August 27…

Here are some recent interesting posts from the MoneyBlogNetwork and beyond: Five Cent Nickel discusses longevity insurance. Blueprint for Financial Prosperity gives details on Wilmington Trust Direct. Consumerism Commentary kicks off a series on renta…

]]> By: finance girl http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12330 finance girl Thu, 30 Aug 2007 00:03:52 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12330 reacting to what the market is doing any given day or week is a testament to behavioral finance. no one should be putting short term $ in the market as it is; it should be 5+ year $ only (as in, for goals that are 5 years+ out). the effect of having only long term $ in the market is riding out the waves, resulting in a fair gain when the money is pulled for said goal(s). reacting to what the market is doing any given day or week is a testament to behavioral finance.

no one should be putting short term $ in the market as it is; it should be 5+ year $ only (as in, for goals that are 5 years+ out).

the effect of having only long term $ in the market is riding out the waves, resulting in a fair gain when the money is pulled for said goal(s).

]]> By: The Simple Dollar » The Simple Dollar Morning Roundup: Final Planning Edition http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12274 The Simple Dollar » The Simple Dollar Morning Roundup: Final Planning Edition Wed, 29 Aug 2007 13:30:59 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12274 [...] Keeping A Level Head In A Down Market: Should You Stay The Course? An excellent look at a disagreement between personal finance bloggers. (@ lazy man and money) [...] [...] Keeping A Level Head In A Down Market: Should You Stay The Course? An excellent look at a disagreement between personal finance bloggers. (@ lazy man and money) [...]

]]> By: Brip Blap http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12263 Brip Blap Wed, 29 Aug 2007 10:40:55 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12263 What would be really interesting would be if Lila resurfaced and threw in her two cents about the advice she got from Trent and the counter-advice from JLP. I also think that mental fortitude is key, but that is built by education. I got the impression - although it's just an impression - that Lila may have jumped into the market without much understanding of how it works in the first place. That creates nervousness, which leads to panicky exits from the market. I have not checked my retirement accounts or my brokerage for a couple of weeks now. I have a carefully-planned investment strategy and no intention to liquidate anything for at least another 20 years (when I retire at 55 *cross fingers*). I spent a lot of time planning and getting comfortable with my strategy, and fluctuations in the market - down OR up - are going to change it. What would be really interesting would be if Lila resurfaced and threw in her two cents about the advice she got from Trent and the counter-advice from JLP.

I also think that mental fortitude is key, but that is built by education. I got the impression – although it’s just an impression – that Lila may have jumped into the market without much understanding of how it works in the first place. That creates nervousness, which leads to panicky exits from the market. I have not checked my retirement accounts or my brokerage for a couple of weeks now. I have a carefully-planned investment strategy and no intention to liquidate anything for at least another 20 years (when I retire at 55 *cross fingers*). I spent a lot of time planning and getting comfortable with my strategy, and fluctuations in the market – down OR up – are going to change it.

]]> By: The Financial Blogger http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12262 The Financial Blogger Wed, 29 Aug 2007 10:38:27 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12262 People should think twice before they invest their money. When you invest in the market you will suffer "potential loss" once in a while. It's the same story since the market exists. People that are not comfortable with these kind of fluctuation should not invest money in the market (or blindly invest in money market while inflation is grabbing over their yield). I agree with Lazy, if one is not comfortable with something, there is no point of forcing her to keep her position in the market. However, the price to pay for her fears will be less money at her retirement. Personal finance is more related to psychology than we could think. People should think twice before they invest their money.
When you invest in the market you will suffer “potential loss” once in a while. It’s the same story since the market exists. People that are not comfortable with these kind of fluctuation should not invest money in the market (or blindly invest in money market while inflation is grabbing over their yield).

I agree with Lazy, if one is not comfortable with something, there is no point of forcing her to keep her position in the market. However, the price to pay for her fears will be less money at her retirement. Personal finance is more related to psychology than we could think.

]]> By: Chief Family Officer http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12239 Chief Family Officer Wed, 29 Aug 2007 04:08:46 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12239 It seems to me Lila's biggest problem was that all of her eggs were in one basket. Diversification would really help her through the rough patches. It seems to me Lila’s biggest problem was that all of her eggs were in one basket. Diversification would really help her through the rough patches.

]]> By: dong http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12234 dong Wed, 29 Aug 2007 02:55:20 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12234 Laziness along with necessity are the mother of invention. Laziness along with necessity are the mother of invention.

]]> By: Lazy Man http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12223 Lazy Man Tue, 28 Aug 2007 15:09:11 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12223 Thanks, Trent. I took the risk of trying to look beyond the suggestions, into the thoughts behind them. If I was wrong, it could have gotten a bit ugly. I didn't think the name of Lazy Man had any reflection on whether I was wise or not. In fact, my laziness for doing other more physical activities has lead me to use the time in mental pursuits. Thanks, Trent. I took the risk of trying to look beyond the suggestions, into the thoughts behind them. If I was wrong, it could have gotten a bit ugly.

I didn’t think the name of Lazy Man had any reflection on whether I was wise or not. In fact, my laziness for doing other more physical activities has lead me to use the time in mental pursuits.

]]> By: Trent Hamm http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/comment-page-1/#comment-12220 Trent Hamm Tue, 28 Aug 2007 14:01:45 +0000 http://www.lazymanandmoney.com/keeping-a-level-head-in-a-down-market-should-you-stay-the-course/#comment-12220 Lazy Man, you are wiser than your name implies. Great post. Lazy Man, you are wiser than your name implies. Great post.

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