BUY! BUY! BUY!

Stocks have tumbled, and now is the time to BUY, not sell. 

Prices might still go lower, but you should be investing for the long term, not for this month.

Prices are much lower than historic highs, and, over the long term, there has NEVER been a period where stocks did not outgrow other investments.  Believe me, we will see the DJIA back over 14,000 again... and over 20,000, and over 30,000... it will take time to get there, but it WILL get there, and the sooner you buy in to a depressed market, the better your chances of making a large profit in the long term.

The dollar is up relative to other currencies.  Oil is dropping to its lowest level of the year.  Interest rates are being cut.  And with the bailout bill, the government is pumping hundreds of billions of dollars back into Wall Street.  That all adds up to long term stock market growth, and the time to get in is NOW.

I'm not just talking.  I'm putting my money where my mouth is.

Comments

[the anti-christ]

The Death of Wisdom

I want to tell you a story about the death of Wisdom. A very, very long time
ago, a time without time in it in fact. A star appeared in the East and with her a
woman of profound beauty and peace was born. She came to this world and called
herself a man named Buddha. She had the laughter of all the children of the world
sewn into her heart. She is [editor's note... this comments was about 300 lines of nonsense, so I cut most of it out as it took up way too much space. I don't think you will miss anything] unto ME
I have YOUR stones heaped up upon my heart
I have YOUR WORDS
am silent!
Amen.

[Gullyborg]

yeah whatever dude.

[Keith]

I'm just not confident that we have bottomed out.

I was taking this survey the other day. . .

http://www.friendsoftheuschamber.com/takeaction/index.cfm?ID=33

and I realized I am really not sure when this economy will improve.

On my end, I'm hunkering down and waiting it out.

[Gullyborg]

Bottoming out? Why worry about bottoming out? Unless you are planning on selling what you buy right away - in which case you shouldn't be investing in anything with risk anyway - the only real concern you should have is "how much higher can it go?"

If you buy today, stocks might drop another 20%. But if you buy now and HOLD ON, the stocks will eventually be UP 20%. If you hold on LONG TERM, the stocks will be up more than double or triple.

Remember, we are, despite all the problems of late, still about 3 times higher than we were after the 1987 crash - and there is enough volatility in the market that we could easily double in the next year... that is, essentially going back to the recent 14,000+ high.