Tuesday, January 22, 2008

Darn Market!

If you haven't heard, the market hasn't been doing so hot in the last 3 months. Investors are fearing a recession brought on by credit worries, weak dollar and rising inflation and have sold massive amount of stock as a reaction. The US economic recession worries have also caused the international markets to tank. (Almost all of my unrealized gains are gone. BOO!)

With all this said, it's a great time to start investing! Buy low and sell high. Well, since the market hasn't been this low in a few years, why not buy now? Think of it as buying investments on sale. Who doesn't love bargain? Although the market could slide further, most analysts do not believe that the market is over valued so the "buying on sale" mentality might be a good way of looking at it.

1 comment:

anne said...

I love finding things on sale! I want to buy...now what? :)