Quite in fact, I’m definitely buying while the market is falling. And I have absolutely no qualms about it.

My 401k has about 10 options for funds. Money that was previously invested stayed put in stock funds, but all new contributions are going into the “wealth preservation” bond fund, whose portfolio right now is about 85% cash, the rest in T Bills and municipal bonds. When (if) the stock market turns around, I’ll move those funds back into the equities funds.

On the bottom of the market, emotions are running high. I get it. In my experience though, especially in times like these, I really try to keep them in check.

Nobody knows what the market is going to do. While the economy is nothing short of real disaster, nobody can call the bottom. My approach is, for my 10 year (plus) money, I’m not going to worry about this because at this moment, all that matters is what the market is going to do over the next 10 years. It doesn’t matter what’s happened all ready because I can’t change that.

The market will do what the market will do. If you know how, you can make money in any market – I made 20% on my money last year. That’s because I didn’t trade based on what I wanted the market to do – I let it show me, and went along with it…

As to comment #1, all gifts come with stipulations – it’s just whether they are spoken or not.
“Here. Enjoy yourself.”
“This is to pay your bills.”
etc.
If not, it can actually create some stress as the recipient tries to use it in a way that supports the giver without actually knowing what the giver wanted. There’s two chapters on this topic in The Seven Laws of Money – a somewhat ‘hippie’ view on finances. But don’t take my word for it, look back at the last time you gave or received money, and the talk around it. If there wasn’t some discussion on how to use it, was there some confusion or pressure for the receiver?

I’ve been working on some big posts, but I’ve also been working with some big names in personal finance, hoping to land some future partnerships that will bring more great content to GRS.

The suspense is too much! What’s about to happen?

Oh, and to commenter #2′s “How can anyone still think it’s a good idea to stay in the stock market?”

I’m still in the market. And I’m pretty confident it will have come back up by the time I need my money.

However, I do have an issue with conditional gifts. The employees will pay taxes on this money and I do not like the idea of the employer telling them how to spend that money.

Give the money or don’t but don’t put conditions on that gift.