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The markets should simply be ignored. They are manipulated daily by the big players. Focus on real estate. Everyone needs housing.Are you comfortable with the markets and how have your portfolios been doing?
C H Spurgeon wrote a book called 'Faith's Cheque-Book'...OP: investing?
Yes, as we are to "walk by faith, not by sight" and "Set your
affection on things above, not on things on the earth.":
I invest in ETERNAL things! Amen?
God's Simple Will!
I did the same this past week. Possibly higher percentage. I'm almost certainly going to sell the rest this next week. Held onto a couple stocks that weren't completely tanking, but they are not showing much promise.Now, early this week I sold about 80% of my portfolio. So momentarily, I don't have a lot of confidence. I sold at a loss,
I will wait until things begin to steadily rise again and buy back in. I know it's not what veteran stock market junkies do, but I got tired of watching my money disappear. I will get back in IF the market ever restabilizes.In short, I don't have a lot of confidence in the market in the short term. But in the long term I do. We may be entering a recession, but it won't last. Eventually the DJ, S&P and even NASDAQ will rebound.
In short, I'm on hold but watching like a hawk.
I did the same this past week. Possibly higher percentage. I'm almost certainly going to sell the rest this next week. Held onto a couple stocks that weren't completely tanking, but they are not showing much promise.
I will wait until things begin to steadily rise again and buy back in. I know it's not what veteran stock market junkies do, but I got tired of watching my money disappear. I will get back in IF the market ever restabilizes.
Not at all meant as an argument with you, but this is a very common perspective in the stock markets in general. And many long time investors are claiming this very wisdom.Watching too closely can be stressful, but not taking advantage of what the market provides over time can be detrimental to one's wealth preservation. Now may actually be a better time to buy into the markets since so much has fallen in value from the all time highs achieved in the last year. Probably wouldn't advise selling out of positions right now as that would lock in some losses. I personally advocate for a long0term investing strategy that utilized a diverse and low-cost mix of assets to buy and hold like index funds or ETFs.
I am hearing this a lot, but I guess I'm just a bit shell-shocked. I'll keep an eye on things for a bit and see how it all plays out.Just remember that time in the market is more important than timing. It will come back, and perhaps now is a good time to buy... Stock is cheaper than it was 10 days ago.
I hear you, and I don't disagree. But despite what many may think, God is not against his people prospering; even financially.OP: investing?
Yes, as we are to "walk by faith, not by sight" and "Set your
affection on things above, not on things on the earth.":
I invest in ETERNAL things! Amen?
God's Simple Will!
Have you invested in the market or followed it?I am hearing this a lot, but I guess I'm just a bit shell-shocked. I'll keep an eye on things for a bit and see how it all plays out.
Yeah, post #8.Have you invested in the market or followed it?
Sounds interesting. I'll check it out.If not, investopedia.com has a simulator. It may be good to go there and learn.
Precious friend, why would I do that? Thanks for your input; I used to be a "church accountant" and the "deaf minister" there was Constantly "bringing in a little extra" to Catch Up with "trying to Keep the OT Tithe." Guess he did NOT "know this,"...before you get all upset and stuff...
While I am precious in that you will probably not find a lot like me, I doubt we are friends.Precious friend, why would I do that? Thanks for your input; I used to be a "church accountant" and the "deaf minister" there was Constantly "bringing in a little extra" to Catch Up with "trying to Keep the OT Tithe." Guess he did NOT "know this,"
Under God's PURE GRACE, eh?:
"But this I say, He which soweth sparingly shall reap also sparingly; and he which
soweth bountifully shall reap also bountifully. Every man according as he
purposeth in his heart, so let him give; not grudgingly, or of necessity: for
God loveth a cheerful giver. And God Is Able To Make All GRACE Abound
Toward you; that ye, always having all sufficiency in all things, may abound to
every good work:" (2Co_9:6-8)
Of course, there are Certainly some who can give WAY MORE than a 10% tithe, eh?
But, Even That could be a (LEGALism) problem; at another time/place I met "a sabbathKeeper" who GAVE the OT "triple" tithe. But, of all things, he was dishonest, "NOT paying" his bills.
Go figure...
Grace And Peace.