Indeed! Glad there was some positive stuff that came out of it for you :)

(a month later, I know) Honestly, I wasn’t even trying to time it. I just realized I had some money and I should do something with it. It was in the summer of 2008, sometime in August. I picked a very one aggressive fund and one conservative fund and split my money between the two.

Then September rolled around and the whole financial system collapsed. Great job Eric… Luckily they each did what they were supposed to do, the aggressive fund dropped like a rock and the conservative fund went down but held it’s own. As the market kept dropping, I kept moving funds from the conservative fund into the aggressive fund. Did it several times until….I had no money left in the conservative fund and my aggressive fund was worth half of what I started with.

Fortunately there was a bounce some time later, don’t remember when and my value shot up since I was 100% in on the aggressive fund. I sold everything when I broke even finally… and subsequently missed out on the biggest bull market ever. Great job again Eric..

Fortunately real estate far outperformed the market so I would have missed out on that if I had been all in on the market..

Interesting ride to say the least.

Very cool! When you do, let me know and we’ll add you to our epic Net Worth Tracker – where we showcase all the blogs featuring it :)

http://rockstarfinance.com/blogger-net-worths/

Thank you for the inspiration!!

Nope – I’m done trying to time the market. Even if you know when to get out you never know when to get back in again to recoup the losses. I’m in it for the long haul so even if a bigger crash IS looming in the future, it’ll just mean more opportunity to scoop up everything on sale while waiting for it to go back up again! As long as you believe the markets solid for the long term I don’t ever suggest cashing out and back in again… If you believe it’s all going to crap and the markets are failing, then by all means – do what you have to do :)

Ahhh gotcha gotcha.

That’s pretty cool looking at it that way for sure. Thx for spelling it all out for me – I’m a bit slow at times :)

This is what I’ve been thinking, J.; the fun part is over and now is time to learn when to ‘fold ’em’. Watch this space.