Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: TravelingMel CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 21  
Subject: Re: How to stop the bleeding Date: 10/25/2008 7:07 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
The interesting fact is we don't know where the market is going. It could rebound or tank some more.

I have money from an inheritance in a trust account. The account rose 20% over the last few years. Now I am down 10% from the original contribution.

Personally, I am upset with myself that I lost so much money with this account. I couldn't stomach loosing my parent's life work. So, I went to a money market.

I want to keep the money in a Treasury Money Market account. Then I could invest the dividends into a Total Stock Market fund.

I am unsure about my philosophy at the moment and the money simply sits in the Money Market.

Some may say selling out was foolish. In the meantime, I pat myself on the back that I didn't loose another 10% from last week's losses.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Berkshire Hathaway

Buffett's Biggest Mistake
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.