If you think about it, buying on the way down is the same as buying on the way up-you just start earlier.

The 800 pt plunge was what was hoping to avoid. On well. Should of known since the stupid closure of today, figures.

If you're thinking about timing the market now, it shows how bad a concept it is.

Well, SELLING is a bit late but BUYING is not. Could be an opportunity.

I'm 30% cash since Jan'17. Time to start dribbling it in soon.

My investments are managed by a financial guy that I trust – he’s done well for me. Over the past several days he’s been selling some securities at a loss to offset taxable gains earlier in the year, and replacing them with similar securities.

He’s fee-based, so I don’t pay for trading costs.

This may be a thread drift...

I'm youngish, trying to be responsible and save for retirement. I'm in it for the long haul, a "set it and forget it if you will".

I opened up a Roth 457 in 2015 and am investing in the default TIAA-CREF Lifecycle 2055 Fund - Institutional Class. I don't know squat about stocks, is this worth a crap or is there another fund/stock/etf/thing I should consider?

slight thread drift, but I thought I'd ask here rather than start another financial thread. If this is too off topic I will though.

Up until 2015 I managed my own investments. My new wife had a Raymond James FP and I reluctantly decided to let him manage my investments too as with a new child, and a new job I was not keeping a very close eye on my funds.

So I turned my IRA and Roth IRA over to him to manage as well as a joint cash fund my wife and I had.

Since 2015 he's made gains of:

9% my IRA
18.5% my Roth
14% wife's IRA
13% wife's Roth
9% Joint

These are actual value changes after fees etc. that I keep track of myself, not those inflated "personal returns" that they like to use.

Obviously I wish all of them were like my Roth, but they're not. My question is for those of you that have been keeping a closer eye than me on the markets the last few years, how is he doing? Should I pull a DJT and tell him "you're fired"

To be honest ubo, since 2015 just about anyone including the blind squirrel should have done very well during that time period.

I shrug when members say their FP is the only way o go. Got news guys. They better of made you a lot of money in the last 10 years.

A dow index fund would be up around 30% from 1/1/15 to today. I'd drop the fp from my Christmas list.

Looks like the markets could be in for a bit of a rough start tomorrow...

Another day...