a vault with a time lock that wouldn't open for another nine years. I would have been much better off.
I totally get the urge to buy into this, but I know from past performance that it will probably turn out to be a bad idea.
{edited} Okay, I have some time. There was this one day....
I had a limit order in place to buy CSCO if it hit $32. It did. The order executed. Later that day, something happened that caused Cisco to go up. It hit $40 that day. I made 25% in one day.
What I mean to say is, if I had sold at $40 I would have made 25% that day. I did not. CSCO went into a decline. I had ample opportunity to regret my purchase, as I could have bought all the CSCO I wanted for a lot less than $32.
I might still be underwater on that, 20 years later. It's one of those stocks that I try not to look at anymore.
I'm on the sidelines.
Full disclosure: I reallocated my TSP holdings in December to take some -- but not all -- of my money out of stocks and put it into a 2025 retirement fund. I changed my contribution so that no new money is going into stock index funds. I've lost money over the last month, at least on paper. If I don't sell, the loss is still theoretical.
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