Comments on: Time to be proactive about a possible recession – 2 years later http://earlyretirementextreme.com/time-to-be-proactive-about-a-possible-recession.html --- a combination of simple living, anticonsumerism, DIY ethics, self-reliance, and applied capitalism Fri, 25 May 2012 19:02:53 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: jc http://earlyretirementextreme.com/time-to-be-proactive-about-a-possible-recession.html/comment-page-1#comment-16034 jc Fri, 03 Sep 2010 15:04:29 +0000 http://earlyretirementextreme.com/2008/02/time-to-be-proactive-about-a-possible-recession.html#comment-16034 great call on what turned out to be very tough times for the last couple of years. since I'm not smart enough to do that, I use a different approach: Looking far enough down the road to not panic in the rough spots. until the country collapses, the markets will always recover. I remeind myself that what I own is a peice of operating business, not just tradable certificates. and I try to add to my holdings when prices are down. great call on what turned out to be very tough times for the last couple of years.

since I’m not smart enough to do that, I use a different approach: Looking far enough down the road to not panic in the rough spots.

until the country collapses, the markets will always recover. I remeind myself that what I own is a peice of operating business, not just tradable certificates.

and I try to add to my holdings when prices are down.

]]> By: MoneyEnergy http://earlyretirementextreme.com/time-to-be-proactive-about-a-possible-recession.html/comment-page-1#comment-5144 MoneyEnergy Wed, 10 Jun 2009 03:55:57 +0000 http://earlyretirementextreme.com/2008/02/time-to-be-proactive-about-a-possible-recession.html#comment-5144 You definitely had the timing on this one right!:) A cash position would have been very handy to have, if only to be able to scoop up certain stocks "on sale". This is only good advice for those who research their stocks, though. One fund I'm going to save for in the future is cash for buying up stocks on sale. I'll keep a watchlist (I already do) and keep track of their values over time, to get to know the stock better. You definitely had the timing on this one right!:) A cash position would have been very handy to have, if only to be able to scoop up certain stocks “on sale”. This is only good advice for those who research their stocks, though. One fund I’m going to save for in the future is cash for buying up stocks on sale. I’ll keep a watchlist (I already do) and keep track of their values over time, to get to know the stock better.

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