Posted by Brendon-KS on October 26, 2018 at 20:27:34 from (63.245.145.35):
In Reply to: Stock Market posted by 37chief on October 26, 2018 at 16:34:01:
When the stock market goes down I think of it as my 401k withholdings going towards buying stock that is on sale. Since I'm 20+ years from retirement I don't worry at all about the downturns. It is the total number of shares purchased that is important to me at this point and when the market is down each dollar I put in buys more shares. Nothing with the stock market is a sure bet (no type of investment is) but history shows that if you're in it for the long haul it is does well. I've been contributing towards 401k high growth potential funds consistently for over 20 years and definitely have no regrets. As I get closer to retirement this will gradually get shifted into less volatile types of investments but for right now I see no reason not to be in the game.
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Today's Featured Article - A Lifetime of David Brown - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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