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How did the bear market of '07-08 affect you?

  1. MicahI profile image86
    MicahIposted 6 years ago

    How did the bear market of '07-08 affect you?

    Did you lose big, or sell right before the fall?  Did you take advantage of the rebound?

  2. ZIa Ahmed khan profile image80
    ZIa Ahmed khanposted 6 years ago

    I made money, I had cash so I got it cheap to make money. I am waiting for second crash, get ready, it is coming soon.

  3. mskills profile image85
    mskillsposted 6 years ago

    My investment goals are very long term, so I left it all in even though I knew the bottom would drop at some point.  In retrospect, I'm satisfied with my decision, as I've recovered 100% and then some.  My only regret was cutting back on my contributions during the aftermath.

  4. mortgage-news profile image60
    mortgage-newsposted 6 years ago

    As long as you are not close to retiring, you have to ride out those bears. the stock market always seems to make a comeback in the longrun. it's the upcoming retirees  who got most hurt by their 401k's dropping.

  5. profile image0
    ghiblipgposted 6 years ago

    bad financially. but good for my experience.

 
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