tag:blogger.com,1999:blog-8091367287813993533.post7451348462620988837..comments2023-10-22T11:30:33.581-04:00Comments on Do-It-Yourself (DIY) Investor: Can You Stand the Heat?Robert Wasilewskihttp://www.blogger.com/profile/04536814650758511673noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8091367287813993533.post-89912501830302418022010-10-03T07:17:27.458-04:002010-10-03T07:17:27.458-04:00re: Dividend Monk Well said.re: Dividend Monk Well said.DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-13992742675576662142010-10-01T20:30:28.409-04:002010-10-01T20:30:28.409-04:00Good article.
Half the battle has to do with the...Good article. <br /><br />Half the battle has to do with the the mindset of the investor. Selecting specific investments only becomes valuable when it's within the context of a disciplined, emotionally-controlled person.Dividend Monkhttp://dividendmonk.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-68363494701767845052010-09-26T21:56:09.236-04:002010-09-26T21:56:09.236-04:00Thanks for the comments everybody. I am encouraged...Thanks for the comments everybody. I am encouraged by the number of young people on line who understand the importance of buying and staying invested in down markets.<br /><br />re: FC... Zweig is a must read. Here's his site:<br />http://www.jasonzweig.com/articles.php<br />I am actually about one-third through "The Snowball" the Alice Schroeder book on Warren Buffett. I am really DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-5872676644615484182010-09-26T07:41:53.642-04:002010-09-26T07:41:53.642-04:00Robert,
I wanted to echo the previous comment &qu...Robert,<br /><br />I wanted to echo the previous comment "The biggest enemy we have is the person we face in the mirror each day." We are both the problem and the solution, which is quite empowering.<br /><br />Dealing with the emotions during the down times can be incredibly challenging. I did re-evaluate my risk tolerance based on what I observed other people lose. I realized that I Roshawn @ Watson Inchttp://www.roshawnwatson.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-87546917648505943172010-09-24T22:28:30.201-04:002010-09-24T22:28:30.201-04:00Robert,
You're 100% correct on this one. The...Robert,<br /><br />You're 100% correct on this one. The biggest enemy we have is the person we face in the mirror each day. To do well with money, you can't care too much about it. Perhaps that's a paradox, but I think it's true. Set a solid plan and don't get swayed by what's happening. Just keep the plan going.<br /><br />I also liked your previous post about the Andrew Hallamhttp://www.andrewhallam.comnoreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-33964312760888617652010-09-24T21:33:58.246-04:002010-09-24T21:33:58.246-04:00Being an Alfred E. Newman (What! Me worry?) type o...Being an Alfred E. Newman (What! Me worry?) type of investor has its advantages.The Grouchhttps://www.blogger.com/profile/16355057736314451831noreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-6609627332014257672010-09-24T17:49:55.320-04:002010-09-24T17:49:55.320-04:00Great post DIY. Actually, I just got Jason's ...Great post DIY. Actually, I just got Jason's book. I will be reading over the next few months. (I can't wait.) <br /><br />Cheers,<br />FCMy Own Advisorhttps://www.blogger.com/profile/16864437851943871224noreply@blogger.comtag:blogger.com,1999:blog-8091367287813993533.post-66521164700567387742010-09-24T11:05:22.450-04:002010-09-24T11:05:22.450-04:00In my case, profits are reinvested in the "bu...In my case, profits are reinvested in the "business". I treat my DIY stock portfolio as a business. No taking out money for a new TV, not even for a lunch at McD.<br /><br />No problem with my discipline as you may have noticed I love being when markets are capitulating.<br /><br />Cheers!BeatingTheIndexhttp://www.beatingtheindex.comnoreply@blogger.com