Tip-toeing back into the Market?
 

Is anyone else considering (or has already) tip-toeing back into the market. I have a long-term outlook, so mostly I'm ignoring the recent destruction while shuddering at the numbers and aggressively not reviewing my various statements.

But it seems like we MUST be pretty darn close to bottom. I put the slightest sliver of a toenail back in late this afternoon, but admit I'm not an aggressive fellow when it comes to money management, so I'm leery about exposing myself more than I already am.

What the consensus ye Planeteers? Anybody else considering this? Eyeing specific stocks?

I am considering it as well, as far as which stocks, I have been looking at several today and haven't decided yet.

Not yet. I still think we have further to fall.

I'm waiting a bit more but I'm ready to go. A bottom is probably pretty close and I would rather get it on it's way up.

The statements are ugly but the number of shares owned is increasing so the long term looks good for the retirement accounts.

I think we're close to bottoming out, as well, Mr. Amnorix. Unless there are substantial negative announcements over the weekend, we're buying on Monday.

FAX

I am loving it. Keep in mind I have lost money just like anybody else, but the lower it goes the better, because it will go back up and getting in low is a great thing. Hang in there people. All will be well. Unless you are retiring soon. Sorry. There is always social security. DOH!

I threw a small amount of money into the well today.

I don't even want to think about what I could have bought if I had pulled my money out a couple of months ago.

Any of us that are in the market are in that same position, so don't kick yourself. I saw that markets have lost $2 trillion over the last X period of time (1 year, or since 1/1/08) and that was either the gross number, or just retirement accounts. I don't recall because I shuddered in pain and immediately tried to blot that information out of my mind...

I like GM or Ford other than that stay out the market is going to settle lower than this a week might save you 10-15% and you can buy more for the same $

If I had any to throw in, I'd be all over it. Damn you student loans!

i am not a big mover by any means, but i have a personal investment account apart from my retirement stuff, it's just for fun... i was just planning to grow and spend it someday on a boat or a motorcycle or and old car maybe, some other midlife toy, if i built it up enough.

i sold everything in that account at the end of september... i was worried and wanted to be on the sidelines for a while. i'm no genius, it was 20% me and 80% luck. but hell i can wait for the bottom, buy back in, and own half of General Motors now. whee!

Who do you contact to buy? I want in

I got back in a little bit today and will put a little more into the market early next week most likely. I don't mess with individual stocks, just some index mutual funds (S&P 500, Russell 2000, Emerging Markets, International, Commodities, etc.). The emerging market fund has taken the biggest hit, but since it's the most risky that makes sense. I like the dollar-cost averaging that I'm doing right now as I will be keeping the money in the market for a while.

Yeah.. I'm not really in a position to take advantage of this either. Gonna try anyway though.

I'm seriously thinking about putting most of my 401K back into Textron stock (nyse: TXT). I work for Cessna (owned by Textron) and their stock is seriously, seriously undervalued right now. Today it's at $19 and change. It's dropped 60% in value in the last 12 months. Fockers!!! Cessna has approximately a $14 Billion backlog in orders and are taking orders every freaking day.