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Oct
21
Buy baby buy!
Filed Under economy
Everything is on sale.
The “fear index” is on a downward trend!
If you have the money, now is the time to buy equities — don’t sell low.
I have to admit, I am hedging a little by also purchasing some treasuries and bonds within my 401k, but the bulk is in equities.
Disclaimer: Don’t use my advise for anything because I am not an investment professional. I could be telling you to place everything on “black” or “red” at the Majestic Star!
Comments
2 Responses to “Buy baby buy!”
Great advice, we don’t need government bailouts, we need people to stop using their emotional side and use their intelligent side.
Fear drove this thing down. Buyers, who take risks, will drive it back up.
Daltonsbriefss last blog post..Democrats say "disregard the fraud" of ACORN
Hi Steve,
You can see it happening right now. People sell, prices drop, bargain hunters purchase, and prices go up. Some become fearful, sell, the bargain hunters buy, and the cycle goes on and on — two steps forward, one step back, but on an upward trend.