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Do nothing, because all is well article..

Brian in SeattleBrian in Seattle
edited August 2007 in The Economy
Yes, the experts know all.. :wink: just like they did in 2005 , and 1999, and name the year...please oh please just do not withdraw all your money from your stock investments...lol

http://seattletimes.nwsource.com/html/businesstechnology/2003831632_smallinvestors11.html

Just an ancedote, heard lots of talk in elevators and coffee shops about the market on Friday and people talking about what they should do, etc. It was interesting. The level of awareness that not all is well is starting to rise amongst the general population.

Comments

  • perfectfireperfectfire
    The Article wrote:
    Q: How does this downturn compare to others?

    A: Downturns such as the one we've had "are normal, robust and healthy, but they tend not to be that orderly," said Jim Keegan, a senior portfolio manager at American Century Investments in Kansas City.

    Notably, this drop doesn't even rate yet as a full market correction, which by Wall Street's yardstick means a 10 percent drop in major indexes.

    ...................

    Q: So, do nothing?

    A: Actually, the market could be a bargain-hunters' paradise for quality stocks and funds with beaten-down prices.

    Isn't it great that the market is simultaneously not down very far and down far enough to make for some good bargains?
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