An Opportunity for Patient Investors - Barron's [View article]
"The prudent investor would be wise to start allocating money to equities." - otbricki and wyosteven
If you are comfortable with the risk that entails then by all means go ahead and buy. I will stay comfortably in the camp where the primary concern is to avoid losing money until such time as I see signs that the bear market is ending and a bull market begins. I may miss the exact bottom, but experience has taught me that waiting is the better choice.
Until that time I will only consider short term plays where I believe the odds of success are very much in my favor and I will exit those positions when I feel the odds have changed sufficiently against me.
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"The prudent investor would be wise to start allocating money to equities." - otbricki and wyosteven
Oct 26 23:38 pm
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All Comments by Smarty_Pants »An Opportunity for Patient Investors - Barron's [View article]
If you are comfortable with the risk that entails then by all means go ahead and buy. I will stay comfortably in the camp where the primary concern is to avoid losing money until such time as I see signs that the bear market is ending and a bull market begins. I may miss the exact bottom, but experience has taught me that waiting is the better choice.
Until that time I will only consider short term plays where I believe the odds of success are very much in my favor and I will exit those positions when I feel the odds have changed sufficiently against me.
I wish you good fortune in your purchases.