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Thread: Still buying, still holding, nyeah-nyeah

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    bkrownd's Avatar
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    Talking Still buying, still holding, nyeah-nyeah

    These are good times for accumulators! Prices have returned to reality, making us wish we had more G in our diet over the last two years. My share totals are increasing faster now, wooo-hooo!

    The only change I made this year is that I stopped buying G last month, previously 20% of my new contributions. Contributions are now split between C,S,I, and I'm waiting to dump my G into C when the time looks right.

    The real eye-opener has been the freefall of my taxable DODFX far below my initial investment (didn't get in early), making me wonder what fraction of my emergency cash I can afford to drop in there, and when. Fire sale!

    My grandmother is upset about her Kodak and WalMart stock, and got cranky as I relished this month's price plunge.

    I should check if those silly gold coins I bought back in the late 80's are worth selling now. hmmm....
    got shares?


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    Birchtree's Avatar
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    Default Re: Still buying, still holding, nyeah-nyeah

    I own 15 of those silly gold coins that I bought back in the early '80 but honestly they are just to pretty to sell.

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    bkrownd's Avatar
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    Default Re: Still buying, still holding, nyeah-nyeah

    Doh! Hope you didn't buy them at the gold peak. I was into coin collecting during that peak, and the inflated gold/silver prices cut into my tiny elementary school allowance dearly! A year later the silver coins I bought were down to only 1/2 the price I paid for them. I sold many of them in '83 to finance my new Dungeons and Dragons hobby, which was a much less expensive hobby. The only gold coins I have are those tiny dime-sized bullion things the Mint started making in the late 1980's.

    Hmm, if I had put that money into mutual funds back in 1980....
    got shares?

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    bkrownd's Avatar
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    Default Re: Still buying, still holding, nyeah-nyeah

    Very happy to see that the 401k contrib limit finally climbs to 16500 next year, just in time for this fire sale!
    got shares?

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