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Down But Not Out

July 28th, 2007 at 02:45 pm

I'm down about 6K in my Ira today. Do I feel bad? Not for a second. The market will turn around. So, I will wait and ride the wave without panicing. Been through this enough times to know better. I also know that I am diversified enough so that my whole life savings is not wrapped up in the market and never will be.

Being that the market was down yesterday, I bought more funds to add to my new ShareBuilder account. And my husband bought more indivual stocks within his IRA. We tried to take advantage of the past two days bad news and turn it into something good.

The new people that my DH hired, I think will probably not show up for work on Monday. They have only been working for 3 months with us and have already asked for a raise. Mind you one of them showed up almost a half an hour late for work on the day she asked for the raise. Not only that, the both of them have already called in sick, come strolling in 5- 10 minutes late everyday and think nothing of it. They also ask to leave early everyday and expect to get paid for it. When we don't have clients they sit and lay around talk on their cell phones and pretty much don't do anything unless they are specifially asked. So, when they asked for a raise yesterday DH laid it on the line and told him what he really thought of their performance and told them they didn't deserve a raise but if he saw improvement on their part he certainly would not hesitate giving them a raise. My husband is not cheap but he certainly believes in getting what he is paying for. So, on Monday he and I will probably be back to square one working with just the two of us for a while.
Oh well!

1 Responses to “Down But Not Out”

  1. baselle Says:

    Low stock prices are work doubly well for drips - the re-invested dividends buy more stock.

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