Friday, September 26, 2008

Investing in Turbulent Times

Help! Do you pull out of the stock market because the bubble is ready to burst? Here are some ideas to calm you down and not overreact with your retirement money:
  • Never bet on the end of the world. (1) It will only happen once. (2) When it happens, how do you collect?

  • This is a cycle. History never repeats itself, but it usually rhymes.

  • Sir John Templeton (billionaire investor and mutual fund pioneer) said: " Invest at the point of maximum pessimism."

  • Whenever you have 2 economists, you have 3 opinions.

  • Election years are always years of uncertainty in the stock market.

1 comment:

Dividends Anonymous said...

Times like this are why I'm glad that I get paid to wait even when the markets go up or down. Cashflow has that amazing soothing effect on your portfolio when you know you're getting at least something when everything else is going down.