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  • Responding to Bear Market Conditions [View article]
    This is a long-winded way of saying to "buy and hold" and ignore the market dips. Last I checked the NASDAQ is still less than half of its former high. NASDAQ investors who bought near the peak are still waiting to be made whole more than 10 years later. They may wait for decades longer before the NASDAQ recovers.

    In other words:

    MISERY LOVES COMPANY!

    I'm convinced a lot of these people who suggest to buy and hold forever are just hoping that other people will buy and bail out their bad decisions to keep bad investments.
    Aug 07 09:42 am |Rating: 0 0
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