mutual funds

[Times Roman]

buy low sell high.... things are pretty low right now, a good time to buy

I have several mutual funds and they lost 50% as well (rough estimate), but here lately, I'm seeing solid gains, and I'm glad I didn't pull out prematurely. I had to cash one in recently, just a little one at $11k due to job loss, but a bloke;s gotta do what he has to do to survive. and by the way... there is a penalty of 10% you will pay due to IRS code section 8. and full boat on income tax to boot.

[VegasRenegade]

buy low sell high.... things are pretty low right now, a good time to buy

I have several mutual funds and they lost 50% as well (rough estimate), but here lately, I'm seeing solid gains, and I'm glad I didn't pull out prematurely. I had to cash one in recently, just a little one at $11k due to job loss, but a bloke;s gotta do what he has to do to survive. and by the way... there is a penalty of 10% you will pay due to IRS code section 8. and full boat on income tax to boot.

If your funds are in an IRA and you are under 59.5 you get the penalty. Mutual funds are a good way to go if you do not have the time or desire to educate yourself and pick stocks. All the money I made back was on individual stocks or etfs