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Old 11-07-2008, 12:42 PM   #8
Back Beach
Respect your elvers
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Join Date: Mar 2004
Location: franklin ma
Posts: 3,368
Quote:
Originally Posted by GattaFish View Post
My suggestion,,, Don't wait,,, but who am I anyway,,,
I wouldn't wait, either. Most of my current holdings were purchased during the post internet bubble burst era. The indexes nearly doubled in those seven years that followed as did my accounts. Although I've gotten banged up a bit lately like many others , I'm still well ahead of where I'd be in cash or bonds. Waaaaay ahead of where I'd be had I done nothing at all. If your employer offers a match, you're crazy not to participate. You still have to live with the market fluctuations and think long term.
Everyone has a vomit taste in their mouth right now over the economy, but you need to look past it. It's tough to be optimistic right now, but history says you should be buying.

It's not the bait
At the end of your line
It's the fishing hole
Where all the fish is blind
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