Crash?!?!

Long time, no hear. I know! I felt like I didn’t have that much to add to the wonderful blogging community already out there. Plus, I was in survival and minimalist mode anyway. We purged our home Kondostylish, which was a bit of a challenge with the two little ones. We are now well on our way and most of the things on our to-do-list are done! Yeah! Oh, and tomorrow I’ll start something that’s called work again…

Anyway, I’d really like to talk about the stock market!!! Woopwoop! We lots thousands of euros this past week….and I’m thrilled and happy and excited I just want to get up and dance. Why? Am I a complete nutter? Perhaps, but ladies and gentlemen, STOCKS ARE ON SALE!!!!

Let me repeat that: STOCKS ARE ON SALE!!!!!!!!!!!!!!!!!!

Aaaaaaaaaah, this is what I used to feel during the end of season final sale for clothes, shoes and other crap. The big difference is that all the crap I bought on sale then is worth nothing now. Whereas the stocks we have bought and will buy shortly will be worth so much more a couple of years from now and will bring us FREEDOM, baby, yeah!

The husband and I have now decided to wire all our investible (is this a word?) money to our investment accounts and start buying VWRL in large chunks. Oh, yeah! And we’ve also made a pact that if we think stocks are still a good deal, we could use a part of our emergency fund (the amount we set I find too high anyway…the hubby likes to play safe) and throw that at the stocks sale as well.

Jlcollinsnh (need to find the specific article in order to place a link, it’s somewhere in his wonderful stock series) thinks a crash at the start (well for us, that would be a bit further than the beginning, but ok) of your investment career is the best thing that could happen to you. Again, thank you very much, Uncle J.!

I am not clairvoyant. I have no idea whether this is actually the start of another crisis, I don’t know how long things will last, I have absolutely no clue what forces cause ups or downs in the stock market. I do not give any advice, you are responsible for your own choices.

I’m off, buying more stocks.

Hasta la vista, baby!

Lots of love,

Mrs EconoWiser

P.s. As a matter of fact, I think the hubby and I are going to do a little happy dance tonight. Freedom, here we come!!!

Advertisements

8 thoughts on “Crash?!?!

  1. ian

    It’s weird to show your happiness when there’s a correction or crash. People look you like a weirdo. Anyway, I need to devise a victory dance.

    Happy buying!

    Reply
  2. valhalla

    Je bent nu al de zoveelste bij wie ik het lees. Van ‘sla pakken met levensmiddelen in’ tot mensen die vreugdedansjes doen. Wel, ik ben blij voor jou en je aandelen en hoop dat je er flink goed gebruik van kan maken! 🙂

    Reply
  3. opnieuwbeginnen

    Met een put zit je goed, zei ik vroeger. Maar ik heb geen put. Ik ben heel benieuwd. De beurs is het laatste jaar hard gestegen. Wat hard stijgt gaat ook weer omlaag.
    Een goede kans, zeker. Wat is de bodem?

    Reply
  4. Meneer en Mevrouw

    Never catch a falling knife..;) Als je nu inslaat en over 2 weken staat de AEX op 300 punten dan waren ze misschien toch niet heel erg in de aanbieding..;) De markt blijkt niet te timen dus blijf vooral bij je strategie zou ik zeggen! 🙂 Hoewel het ook hier wel jeukt;)

    Reply
  5. Daniel

    I had the same feeling as you, Econowiser. Lower prices is exactly what we buy-and-hold investor desire.

    I remember I read a book (perhaps the excellent Burton Malkiel’s Random Walk or Benjamin Graham’s Intelligent Investor) and I found the same comment. Considering that we invest periodically in broad markets and basically independently of their prices, it is better to buy cheap instead of expensive.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s