Funk:
I took a hit along with everyone else, but I’m still averaging 10+% return, which beats the pants off many other investment products.
I’d diversified my portfolio a while back, which I believe protected me some in this recent dip. In fact, I’ve begun employing some of the asset allocation strategies Ray Dalio recommends. I started a couple of threads about Ray and his methods on the Business board.
Marketwatch.com often features some good articles by knowledgeable folks. I usually scan them at work in the morning.
The most important thing I’ve learned in terms of investing is to keep a cool head and DON’T be emotional and/or impulsive. Diversification, education, and patience are key. I’m not fond of cliches, but it’s true that intelligent investing is a marathon; not a sprint.
It wasn’t that long ago that I was averaging 17+% return. Even though my average is down roughly seven percent, I’m still coming out far ahead of many forms of “passive” investing.
I will continue to contribute my regular amount to my portfolio each pay period - monitoring and making minor adjustments along the way - and, I will buy even more when the market is low.
These are all strategies that have proven highly effective (comparatively) over many years and across a wide range of economic conditions.
