tag:blogger.com,1999:blog-8091367287813993533.post4024014334334638591..comments2023-10-22T11:30:33.581-04:00Comments on Do-It-Yourself (DIY) Investor: Don't BailoutRobert Wasilewskihttp://www.blogger.com/profile/04536814650758511673noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8091367287813993533.post-80943774765711050512010-09-03T17:46:38.417-04:002010-09-03T17:46:38.417-04:00Hey Robert,
Super post! Great perspective!
I...Hey Robert,<br /><br />Super post! Great perspective!<br /><br />I'd like to add that the U.S. dollar was also getting hammered in the early 1970s.<br /><br />It was weaker then, compared to the Canadian dollar, than it is today.<br /><br />Not to wear out one of my favorite quotes by Twain: "The more things change, the more they stay the same"<br /><br />At 40 years old, I Andrew Hallamhttp://www.andrewhallam.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-57794152080832733142010-09-03T11:15:34.823-04:002010-09-03T11:15:34.823-04:00That was a phenomenal perspective you shared throu...That was a phenomenal perspective you shared through your comment. That is certainly encouraging, appreciated, and needed. Doom and gloom articles abound, so it is necessary to take the long view.Roshawn @ Watson Inchttp://www.roshawnwatson.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-57434977084537656682010-09-02T07:12:18.864-04:002010-09-02T07:12:18.864-04:00Thanks for the comments. It's not easy to take...Thanks for the comments. It's not easy to take the long view sometimes but nobody said it is easy and that's the key.<br />Re; Grouch My market timing model is showing the time to jump in is at the market close on the last day of the month. :)DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-13967913301368027122010-09-01T15:50:51.448-04:002010-09-01T15:50:51.448-04:00You must have known a 250 point rally was coming t...You must have known a 250 point rally was coming today. Just look at historical charts of the S&P 500 and see what the prices were like 25, 30 years ago. Boy do I wish I would have bought way back then. Hey, wait a minute, I did, boy was that some foresight.The Grouchhttps://www.blogger.com/profile/16355057736314451831noreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-12374697366982181712010-09-01T14:23:26.242-04:002010-09-01T14:23:26.242-04:00Isn't it crazy how fast things have changed in...Isn't it crazy how fast things have changed in a mere 40 years? Up until a couple centuries ago, you would have died in pretty much the same world you were born in!<br /><br />I believe that people are self-educating more and more and learning from a wide array of sources. Like I said in the other post, I think at the worst we can call this a depression in 10-15 years, but the doom & Kevin@InvestItWiselyhttp://www.investitwisely.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-73104653832043987142010-09-01T11:44:49.379-04:002010-09-01T11:44:49.379-04:00This is exactly how I think Robert, this is why i ...This is exactly how I think Robert, this is why i had a post about gambling against the doom and gloom. 25 years from now, i hope to have a big smile on when i look back to this recession!Beating The Indexhttp://www.beatingtheindex.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-59775651586560656382010-09-01T10:07:08.967-04:002010-09-01T10:07:08.967-04:00Great post Robert, what you wrote was great. Don&...Great post Robert, what you wrote was great. Don't bail indeed: people aren't going to stop banking or wanting money to buy a house or car; people aren't going to stop heating or using air conditioning for their homes; more people in the world have cars than ever before; more people in the world have cells phones and computers than ever before. Eventually the economy will grow, it My Own Advisorhttps://www.blogger.com/profile/16864437851943871224noreply@blogger.com