Another Franklin Fund Nosedive

[mathjak107]

usually in bear markets the funds have more losing stocks so gain distributions are rare

 

[mathjak107]

My portfolio was down by almost $20,000 just in the last two trading days of last week. More carnage is expected today. I have what might be considered an aggressive (or maybe moderately aggressive) portfolio, but enough that's not in equities and enough monthly income that I'll be able to ride it out. I've heard experts say that the best thing to do during times like this is nothing. I just really wish I had waited for this plunge to buy more shares with the money that was in my Roth.

hindsite is always 20/20 when adding money .

of course you could have said the same-thing in 2008 when you were down the same percentage .

but who knew that it was going to fall more than 2x more.

samething now , if you waited until now , we could still fall double where we are .

so the one good thing is time makes anytime a good time to have bought since we have higher highs and higher lows .

if we didn’t talk about these past events where we fell , my portfolio would never have remembered they happened.

the bigger your portfolio grows the less the effect of catching a dip matters .

 

[OneEyedDiva]

hindsite is always 20/20 when adding money .

of course you could have said the same-thing in 2008 when you were down the same percentage .

but who knew that it was going to fall more than 2x more.

samething now , if you waited until now , we could still fall double where we are .

so the one good thing is time makes anytime a good time to have bought since we have higher highs and higher lows .

if we didn’t talk about these past events where we fell , my portfolio would never have remembered they happened.

the bigger your portfolio grows the less the effect of catching a dip matters .

True.