Razorback Posted November 19, 2008 Report Share Posted November 19, 2008 I have most of my cash in diversified mutual funds and the funds have lost about 50% of their value over the past 18 months. I think things are pretty much bottoming out, so I've been buying shares dirt cheap recently. Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted November 19, 2008 Report Share Posted November 19, 2008 I'm just glad I have enough life ahead of me my losses can grow back into gains. *please please please* Quote Link to comment Share on other sites More sharing options...
hot_wire Posted November 19, 2008 Report Share Posted November 19, 2008 Honestly your advisor sounds like a dumbass. "Don't worry about diversifying" would have been the first clue for me. I was just investing 10k. It almost makes sense, because the buy/sell fees will eat up the earnings with that size investment. Quote Link to comment Share on other sites More sharing options...
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