Quote:
Originally Posted by David70
I change nothing based on daily/monthly news. For all that people like to talk about guessing where the market is headed virtually no one times it correctly and some of the ones that do just get lucky. Only thing I might do is use some of the cash I have set aside to buy, and there isn't that much extra because I don't try to time the market (much - as I have been slowly saving up some money).
Low cost mutual funds, diversified portfolio. Simple, low expense, and I don't worry about what I read in today's paper because none of the money is going to be used today, this month or this year.
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This is possibly the smartest post in this whole thread. We should get a mod to lock it now.
Nothing screws up your retirement savings and investing more than messing around with your account.