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Dow breaks 17,000

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RetirementER
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Interesting that nearly three months later it's closed today at 17,071. Not really much of a pullback from a high of 17,350!
Post Mon Sep 29, 2014 8:20 pm
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littleroc02us
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IMO, it isn't wise to sit around and worry about a 350 point shift in the Dow. The Dow only represents the top 25 companies in the US, so to me, it doesn't mean a thing. Plus I don't worry about major shifts in the market, because we are in it for the long haul. The market goes up and the market goes down. Big deal! All I look at is that my index fund has average around 18% for the last 6 years and before that it has average after inflation around 8%. Win, win.

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Mon Sep 29, 2014 8:33 pm
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RetirementER
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Exactly... my point was that the media hype of the market up or down on a daily basis adds the kind of noise many people can't seem to decipher. The long term is what matters and what has shown itself to be solid.
Post Mon Sep 29, 2014 8:46 pm
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quote:
Originally posted by RetirementER
The long term is what matters and what has shown itself to be solid.


I absolutely agree. Planning for retirement should be a long term process. Keep investing on a regular basis in a well diversified portfolio.

See Proof. You can make free money online.
Post Wed Oct 01, 2014 2:48 am
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