Stock Market - New 2009 High Today

**jamesfnb** · 07-23-2009, 07:23 PM

So, the stock market hit a new high today for 2009 and went above 9000. How many out there are currently in the market and how many are still out? If you are in, did you stay in this whole time or get back in at some point over the last 6 months?

Please keep this thread non-political. Thanks.

**dmclone** · 07-23-2009, 07:33 PM

I'm an idiot for the ole' put it in there and leave it theory so yes I'm in the market. So far this year my 401K is up 15%. I've played around with some compnay stock. I raised it up to 15% of my portfolio and two days ago after making some good money I moved it back down to 5%. Of course today it was up nearly 10%

I won't mention how much money I lost last year.

**Bobber** · 07-23-2009, 07:36 PM

I dollar cost average in and never got out.

I did stick a bunch in from a surprise company dividend back in March about when it bottomed out. Feel pretty good about that dumb luck right now..

We're probably setting ourselves up for another correction down, but it's kinda fun right now...

**4429 mcc** · 07-23-2009, 07:36 PM

beginning of the month is was just barely over 8k...there is still not much stability to this market...banks are coming back a bit but its not going to fully recover until late next year.

**crash_zone** · 07-23-2009, 07:42 PM

I was kinda lucky....was in school when the stock market was really high (aka poor student).....graduated/got a job when it started to dive.....and have been investing like a mad man since then.

**jumbopackage** · 07-23-2009, 07:43 PM

Man this country is going down the tubes fast.

**dmclone** · 07-23-2009, 07:48 PM

I wish my 401K had an option for some inflation type investments.

**Bobber** · 07-23-2009, 07:52 PM

Originally Posted by dmclone

I wish my 401K had an option for some inflation type investments.

Real Estate, precious metals, and comodities are normally good hedges.

**TykeClone** · 07-23-2009, 07:55 PM

Originally Posted by dmclone

I wish my 401K had an option for some inflation type investments.

I-Bonds from the US Treasury are inflation indexed - and are earning 0% for the current 6 months.

They're only earning 0% because that is the floor. The inflation component of the bond rate was well below 0% at the last reset in May.

**simply1** · 07-23-2009, 08:01 PM

My 401k doesn't have real estate, precious metals, commodities, or i-bonds available. Well, unless you go to the self directed brokerage account.

**Bobber** · 07-23-2009, 08:03 PM

Originally Posted by simply1

My 401k doesn't have real estate, precious metals, commodities, or i-bonds available. Well, unless you go to the self directed brokerage account.

Yeah but there's nothing to stop you from buying it outside of your 401K.

**crash_zone** · 07-23-2009, 08:04 PM

Originally Posted by simply1

My 401k doesn't have real estate, precious metals, commodities, or i-bonds available. Well, unless you go to the self directed brokerage account.

you could always change jobs and role it into an IRA.....

**dmclone** · 07-23-2009, 08:07 PM

My real estate fund that I have 10% in is forcing me to leave my money in it and it's not doing real well. First time I've ever seen this in action. I understand why they are doing it but it does seem a little fishy.