My Edward Jones broker just called to tell me to just not look

[sinkingfeeling]

at my February statement. I'm in for the long haul and know we'll eventually recover.

[RandySF]

1. I'm buying

[HAB911]

2. my finger on the trigger

hope more are and we get a good bounce

[rdking647]

3. i bought a small amount .

im seeing some great values but im being cautious

[Mike 03]

4. At least he contacted you. My advisor is in hiding.

Not a peep, not an email.

[lastlib]

5. I expect more downside motion......

...so holding off buying until I see clearer signs of a bottom.

Had been reducing equity exposure and locking in some gains since year end--partly in expectation of a possible downturn, but more because, at my age (62) I need less risk in my portfolio. I've had a great run in equities since 2009, and I'd like to hold on to what I've made.

[cbdo2007]

6. I've got 20 years before I look at any statement.

[SWBTATTReg]

7. If companies haven't spent all of their 2017 Tax Cut and Jobs Bill money on buying back their...

shares after it was passed in 2017, I suspect that if a company was smart, and we all know that there are some out there, that they'll be watching the markets closely now (the ones that their shares are traded in), and if low enough (share prices), they'll jump in and buy back some of their stock. I don't know of any good candidates off the top of my head but I'm sure that there are lists out there of 'good buys' floating around. The biggest thing is how long and deep will this market downturn last? Perhaps establish a buyback pattern, e.g., for every 5% or some other benchmark drop in a stock's price, buy an additional xxx number of yyy shares. Don't buy the yyy shares all at once but stagger the purchase price over an interval of time. I suspect that the window to buying stocks at depressed prices won't last long, as companies will jump in too pretty quickly, once the threshold levels for that company's share prices has been reached.