Friday. Hey guys! I’m
rolling an investment over. Basically it means I have some cash I have to
reinvest. I would like to survey your investment opinions. Assuming you were
buying say, a mixed stock mutual fund, what would you do in this market as of
today, a) invest it all today, b) wait to see if the market drops in order to
get a better price, c) invest part now and wait with part? And if you were
waiting (The Dow closed at 11,539.25 today.) what level would trigger you to
buy, 11,300, 11,200, 11,000?
Do you feel there is going to be at least one more good
panic left in it that might create a good buying opportunity? Do you think we
are looking at a significant market correction, possibly to as low as 10,000 or
9,000 on the Dow? This is for real. I need to make a decision and do something.
What would you do? Thanks!
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