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<p>[QUOTE=&quot;Leadfoot, post: 442088, member: 2972&quot;]Luckily, I was mostly out of stocks and very long in cash and gold before the crash.&nbsp; That said, I lost many, many tens of thousand of dollars in the recent stock pullback, and I&#039;d rather not be more specific that that.</p><p><br /></p><p>How do we recover?&nbsp; For me, personally, it is continuing to dollar cost average purchasing of stocks, and moving a bunch of cash back into the market once a bottom has been reached.&nbsp; My movement from cash to stock has already begun, partially, as a week ago today I bought a number of shares in both&nbsp; IBM stock and select stock market index mutual funds.&nbsp; Time will tell if that was a bottom, or just a stop on the way down.</p><p><br /></p><p>Regardless, diversification is key at this point in time, and anyone with all their eggs in one basket should be very careful unless their time horizon on their investments is very long.</p><p><br /></p><p>Respectfully...MIke[/QUOTE]</p><p><br /></p>

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