Quote Originally Posted by Lawdog View Post
With the stock market doing as crappy as it has been doing, we have been thinking about cutting back on putting money into the retirement account and going ahead and purchasing this small cottage.
Not to squash your dreams but maybe this can help to put that in a different perspective if you are talking about equities. You all believe in buy low, sell high right? With the stock market doing crappy guess what you're doing each time you add $ to your plan(s)....

I used to tell people that when their funds/companies are down it's like a sale. Would you rather wait until they jump up 20% higher and then buy? Didn't think so. This is if we're talking strong companies/funds, not crackpot get-rich-quick gambles.

Then again you may want to jump on that cottage and enjoy it as much as you can up until Dec 20 because the next day will...