Why do you want stocks to go up? - Saab General Bulletin Board - Saabnet.com
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If you're a working stiff contributing to a 401k or IRA, like me, you're a buyer not a seller. I'd think you'd want stocks to go down so you could buy them cheaply. Forget about the ones you already own. That money's already been spent, and people who thrash their accounts trying to time the market only benefit the brokers.
Making major shifts in your investment profile because of what you think the market might do could be a mistake. Diversify among as set of investments that suits you, and rebalance among them periodically. That way you're alwasy "buying low, selling high". And unless you're retiring within the next 5 years, I wouldn't worry about market "corrections". Most corrections "re-correct" themselves in a couple years.
Posts in this Thread:
- Just How High Will This Stock Market Go?, Dave B 89 900s Auto, Fri, 1 Jun 2007 15:14:32
- the experts don't know, edwew7, Sun, 3 Jun 2007 13:52:11
- Why do you want stocks to go up?, Caarl , Sun, 3 Jun 2007 12:49:55 <-- Viewing This Message
- Re: Just How High Will This Stock Market Go?, ChrisC, Sun, 3 Jun 2007 10:29:48
- Re: Just How High Will This Stock Market Go?, paul de k, Fri, 1 Jun 2007 16:51:12
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