- Joined
- Aug 6, 2008
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- 882
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nobody knows when the stock market will bottom. The only thing you know is what is good company or not. So just buy good companies over time and gradually and cross your finger. Another thing is that those who think they are safe with money in the bank are deceiving themselves. What is happening is that people with money are ask to bail out those in debt and also ask to donate to the life support system set up by the govts around the world while the economy is given time to repair the excesses of the past years. THis robbery is by way of the fiscal spending now underway. Your money is not safe. Put it bit by bit into stocks. Dont say I never warn you all.
Totally agree.
One can either stay out of the market and wait for bad news
Or one can get in the market and rejoice when the time comes.
In times like this, its always good to get in and start accumulating
bit by bit over the next year or 2. NOBODY KNOWS when it will bottom.