If I looked at my Roth IRA, I might think we are in bull market. If I look at my regular brokerage account, then I might think we are in a bear market. My Roth IRA is invested in funds, and they are all up. My regular account has mostly stocks, and they almost all down. The one exception Dick’s Sporting Goods which is up some from where I bought it, but not alot.
Part of me looks at the lower prices int he stocks, and thinks about buying more. But part of me looks at it, and thinks I suck at picking stocks, and should stick to funds. What I have been doing in my account is new purchases are funds such as IJS or EEM. But I am not selling the other stocks.They are all in pretty solid companies. I believe they are all good investments for the long run. I don’t know. SO I guess I will continue on the path.
I have a couple free trades for this month, so I decided to buy at least something. In my regular brokerage account, almost EVERYTHING is in the red, except for Dick’s Sporting Goods. I considered buying some more IJS (a small cap value ETF) which is down some. But then I decided to buy a little bit of EEM in my regular account. I bought $100 worth. I own a bunch of EEM in both my Roth IRA and my wife’s Roth IRA. It has been doing pretty well, but it is a little down from where it had been. So I decided to buy some. My Roth IRA is Maxed out for 2006, but my wife’s isn’t. So will probably later this month buy some more shares of something in her Roth IRA. Maybe some more IYR (A REIT index ETF). I really like IYR.
I have another free trade in my regular account, so I might buy another $100 worth of something or other.