Gyroscopic Investing

I am asking this because the market is falling and looking back to Oct. 2008 it looks like everything fell including the various parts of what is recommended here on the forum. I'd rather buy low as the saying goes....

I have been reading the forum for some time now and I'm itching to buy and but all the cash we have, " to work". I just received a large balloon payment on a 5 year note on real estate. I feel uncomfortable with so much cash, at what many are believing, is the beginning of inflationary times...or worse. I do not want to loose the purchasing value of my USD...so would like to get another currency and bank account in another country. Recommendations?

What to do????....I have the hard assets in metals and cash but need the stock portion and bonds to complete a PP. I have no debt and sold all my real estate in 2005 for hefty profits... looking to buy a house/office but must have location etc.

Should I wait and invest 1/3 at a time in this falling market in stock and bonds.

I feel a bit like a deer in the headlights ...any help appreciated.

Thanks, Lee

If you are nervous you could just dollar cost average. BUT, I would make it mechanical and not use market timing. So you say "I'm going to invest 20% of the proceeds a month until fully invested." Would be OK. Although personally I find the markets are so random that I just lump sum in and not worry about it. The big thing though is to not turn it into a market timing maneuver.

You may hit a pocket where things fall and beat yourself up. But many times what actually happens is that one or more assets goes up in value and makes money. But humans are funny and losses hurt more than gains make them happy. So they tend to focus on the losses and forget the gains that happened in the interim.

Sound advice Craigr I'm sure but 75% cash makes me nervous so I'd have to cost average in. I suppose I'll have to acquire the experience you have to feel confident to jump all in at once.

I lost big on the tech bubble but made out well on real estate in the day and as Harry Brown has said my occupation has provided my wealth...except for the real estate. I just happened to get out at or near the top...

I just don't want the risk anymore so PP sounds great if and when I can get my mind and heart around it.

Thanks again....glad to be here!

surensteady wrote: I do not want to loose the purchasing value of my USD...so would like to get another currency and bank account in another country. Recommendations?

I think that simply owning gold coins is a great way preserve your purchasing power. 

Buying another country's currency is speculative and risky.  If you do it, don't count it as part of  your PP.

Adam1226 wrote:

surensteady wrote: I do not want to loose the purchasing value of my USD...so would like to get another currency and bank account in another country. Recommendations?

I think that simply owning gold coins is a great way preserve your purchasing power. 

Buying another country's currency is speculative and risky.  If you do it, don't count it as part of  your PP.

I always wonder what is supposed to protect you from the foreign currency declining in value.