Cure Money Madness : This is an amazing opportunity right now.
Posted on November 12th, 2008 in Q & A
Question : Given the current state of affairs even on the international financial scene, what considerations should I give to investing my $50k? Is this a bad time for any new investing? (my wife and I are brand new to anything more than money market funds)
Spencer : The funny thing about the financial markets is that it is possible to make an absolute statement: Buying low has ALWAYS been a successful strategy. Not sometimes, always. Given that guarantee, you have an amazing opportunity right now to buy companies at a huge discount.
Some articles of interest :
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Safe Places to Invest Your Money in a Bad Economy | Money Smart Life – Safe Places to Invest Your Money in a Bad Economy. November 26, 2008. The stock market has seen huge losses and the economy is stumbling around like a drunken sailor, trying not to collapse; where should you put your money (other than … If You’re Too Scared to Invest… | AllFinancialMatters – The article, Is Buy and Hold Dead?, contains this interesting tidbit on how bad people are at timing the market:. You can’t time the market. We’ve got proof. If you get out now, when will you get back in? “You really have no choice but … Why This Is A Great Time To Be A Real Estate Investor! | Real … – Even in a so-called bad market, there are a lot of real estate investors making money. |
Tags: Financial Markets, Investing
Great advice, thank you!
You are welcome!