Comments on: Poll Indicates Investing Has Declined Significantly http://www.senseoncents.com/2009/10/poll-indicates-investing-has-declined-significantly/ Navigating the Economic Landscape Wed, 17 Mar 2010 00:14:24 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: wrc1000 http://www.senseoncents.com/2009/10/poll-indicates-investing-has-declined-significantly/comment-page-1/#comment-6163 wrc1000 Thu, 15 Oct 2009 21:55:57 +0000 http://www.senseoncents.com/?p=11787#comment-6163 I went to cash in the summer of 2008. At that time, I decided the only way to determine any direction of the market was to know which way the government was going to "invest" tax dollars. I gave up, it was gambling on what industry/businesses were getting bailouts and which weren't. I am still in 100% cash. If I had stayed in the market, I would still be down 20% as of today's close. Did I miss the rise from March - YUP, did I miss the sleep from worrying over market gyrations - NOPE. I went to cash in the summer of 2008. At that time, I decided the only way to determine any direction of the market was to know which way the government was going to “invest” tax dollars. I gave up, it was gambling on what industry/businesses were getting bailouts and which weren’t.

I am still in 100% cash. If I had stayed in the market, I would still be down 20% as of today’s close. Did I miss the rise from March – YUP, did I miss the sleep from worrying over market gyrations – NOPE.

]]> By: fiscalliberal http://www.senseoncents.com/2009/10/poll-indicates-investing-has-declined-significantly/comment-page-1/#comment-6160 fiscalliberal Thu, 15 Oct 2009 21:08:46 +0000 http://www.senseoncents.com/?p=11787#comment-6160 We should not be surprised with this result, especially the three years. My personal view is that the banking industry is still dysfunacitonal and it has shown no signs of changing the system to elimiante the screw up it foisted on us. Just a personal view, because I am retired, I had most of my portfolio in CD's and mutual funds. That said, I am waiting until my stocks get back to near where they were and I am bailing out. I think your premise of being able to better understand risk is valid. However - until the banks are back to some form of honesty and transparency and the government shows some honest attempt to regulate, CD's are the only place where principal is safe. We should not be surprised with this result, especially the three years. My personal view is that the banking industry is still dysfunacitonal and it has shown no signs of changing the system to elimiante the screw up it foisted on us.

Just a personal view, because I am retired, I had most of my portfolio in CD’s and mutual funds. That said, I am waiting until my stocks get back to near where they were and I am bailing out. I think your premise of being able to better understand risk is valid. However – until the banks are back to some form of honesty and transparency and the government shows some honest attempt to regulate, CD’s are the only place where principal is safe.

]]> By: beth s http://www.senseoncents.com/2009/10/poll-indicates-investing-has-declined-significantly/comment-page-1/#comment-6158 beth s Thu, 15 Oct 2009 20:48:18 +0000 http://www.senseoncents.com/?p=11787#comment-6158 ...'the irony is that the lost wealth can only be rebuilt through participation in the markets'... not unless you loose 'all' your money in the market again as they say history does repeat...i.e. madoff, sanford, milken enron, worldcom, ponzi etc. …’the irony is that the lost wealth can only be rebuilt through participation in the markets’…

not unless you loose ‘all’ your money in the market again as they say history does repeat…i.e. madoff, sanford, milken enron, worldcom, ponzi etc.

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