Timmothy Posey

Opportunity in Emerging Markets Amidst This Panic

Today I dipped my toes in the water so to speak by buying 10 more shares of BIK (a low-expense BRIC etf). This magical $140 seems pretty low right now, but I am on a 15-20 year time frame, and I expect dramatic reversal of fortunes. Do I think I properly picked the bottom? By no means did I even try, but tried-and-true techniques such as dollar-cost averaging do play a big part in a long-term portfolio.