Tokyo Stock Exchange halts trading early upon Nikkei plunge

[AStar617]

😕

 

[DaveSimmons]

Actually this might be a good time to buy an asia/pacific index fund like Vanguard's VPACX. Buy low, hold until retirement.

If you put some of your long term investments into worldwide index funds liek VEIEX, VEURX, and VPACX then over the long term the worldwide funds can grow when US funds like VFINX are not.

 

[dopcombo]

if it plunges, wouldnt it be the time go enter now? 🙂

 

[everman]

Originally posted by: dopcombo
if it plunges, wouldnt it be the time go enter now? 🙂

It depends on how low you think it can go, but some bears will definitly get in.

 

[glugglug]

Markets always overreact to their overrated "bellwethers" like Intel. It has A LOT farther down to go.

 

[iwantanewcomputer]

oh snap, i was considering putting a few grand in vpacx this afternoon. I just might do that, but i think it buys at the closing price 2 days later.

 

[DaveSimmons]

After the dot-com bubble was a great time to be buying VFINX (S&P 500 index), during the fall and during the recovery.

If you're buying for the long term you don't need to worry too much about catching the lowest point, especially if you spread out your buys.

 

[AStar617]

I've been 100% in FUSEX since '02 when I became eligible for the company 401k... Hope I didn't miss the bus 😱

 

[DaveSimmons]

Originally posted by: AStar617
I've been 100% in FUSEX since '02 when I became eligible for the company 401k... Hope I didn't miss the bus 😱

You did very well on your second half of '02 and '03 buys, and well on '04-'05.

Next time you're allowed you should consider changing the future contribution percents to something like only 50% FUSEX and start diversifying, assuming you have decent fund choices for small-cap stocks and for worldwide fund(s).