So, did your mutual funds take a big nose dive last month?

Question

-worst ever for me =(

Answer 1

NO

I never put my money in mutual funds. I always prefered to follow my own opinion and invest in business. I was averaging 40% per year for many years. Last month I earned 5%.

Janet, I'm sorry to disappoint you, but I'm more successful than millions of others. :-)

I wish you success!

Answer 2

Yes...but you have to remember that your DIVIDENDS and CAP gains are still coming.  If you factor those in what did you really pay for your shares?  In other words if the shares you have are paying regularly in terms of CAP GAINS and dividends than didn't those payments serve you as some insurance against the falling prices?  Hang in there they'll come back...In fact if you're doing the smart thing and CONSISTENTLY putting $$$ into them than you're avg cost will be going down as you continue doing so.  Eventually over time you'll see that that average cost will be LESS than the overall value of your portfolio.  HANG IN THERE!

Answer 3

mutual feelings is right with stocks.. but depending on the mutual fund and what type of loads are associated with the fund, buying and selling repeatedly often can kill your investment.  if there is a front load or back load on the fund your not going to want to buy and sell just to take gains.  Stocks are different and much more liquid and cheaper to buy and sell. So taking gains is more important for stocks.. but yes everything dropped last month, even bonds, there are short funds, that hedge agains the markets ,but again they are ETFs and mutual funds that can sometimes have loads.

Answer 4

No news there.

Answer 5

Yes, right after I sold them all.

Too bad for you.

Next time, follow this key to making money with mutual funds and stocks:

1. Buy low

2. Sell High

If you always do that, you will always make money with your investments.

If you don't, you will always lose money with your investments.

It really is that simple.

Answer 6

Yeah, mine had a big drop. But I'm hanging in there

Answer 7

Worst ever was July 1998 and it hasn't done anything since, not even kept up with inflation. If you invested after that date, you are lucky.

We had a similar slump in the 70' - 80' for 16 years, where the Dow didn't move.

The average increase in the Dow per year after inflation is 1,8% since its introduction, better then real estate, which is par with inflation.

People live with this bubble visions, with huge gains in their heads, which are only very short lived.

What goes up will go down.