Quote:
Originally Posted by MoneyGuy
I'm in my 50s and am in this business so have to deal with nervous clients. Unlike Slava, my clients aren't all in cash.
I don't really understand some of you guys. If I was at least eight to 10 years from needing my money and worked in some other field where people weren't calling me to ask about the markets, I'd be loving this market SALE. You guys should be totally ignoring your statements and piling as much money as you can into your investments. If a company or a mutual fund has done very well and is well managed and has good fundamentals but has sucked lately, buy all you can.
No sh1t, guys, buy. The missus and I scraped together $10k a week ago and invested it. Would have been better today, but hey no ones know these things. Years down the road you'll be looking back and kicking yourself if you don't do this.
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Thats sort of where I sit. I sold out almost all my investments just when the sub-prime crisis hit, but now I'm trying to scrounge up all the money I threw into bonds and GICs at that time and I've been flipping through the stock index like a sales flyer. My christmas list right now is a list of funds lol.
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"With a coach and a player, sometimes there's just so much respect there that it's boils over"
-Taylor Hall
Last edited by Phanuthier; 10-06-2008 at 02:44 PM.
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