Thursday, October 30, 2008

Current Financial Crisis Viewpoint

Too many people look at their investments nowadays and dispair. Here are some viewpoints that may put things in perspective:
  1. Your investments are managed by professionals. If you are 20 years away from retirement, you should cheer when the market is down because your fund managers are buying valuable stock at a discounted price. -Jacob H.
  2. Value your investments by how many shares you own instead of how many dollars it shows. When the markets are down, any additional money you throw in does what? Buys a larger pool of shares at the lower price! -Reggie W.
  3. When investors are fearful, I am greedy. When investors are greedy, I am fearful! -Warren B.
  4. If, during the last 30 years during each of the last 6 reccessions, you had thrown in $500, you would have $15,000 today. Josh L./Mitch B. CBS Sunday Morning

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