Voice of Reason

The Market Domino Effect: Staying Ahead of the Curve

Just more gloom and doom. If Columbus worried like Brian he would have turned around and went back to Spain in a week fearful of sailing off the edge of the "flat" earth. Lucky for us, he didn't.

Financial lesson 101: The more nay sayers you see whining about how bad things are, the more likely we are very close to or already at the bottom.

Confession: I'm not that great a stock picker. But of all the advice handed out and the most simple and often the most ignored is buy low and sell high. While they don't admit it, most people most times do the opposite. I wonder... how many right now are chasing Vista, Apple and Google and avoiding banks like the plauge?

I've made a lot of my money getting into stocks when they were beat down and nobody would touch them with a ten foot pole. Sure, sometimes I got burned, other times I said whoopee!