Excellent, excellent, excellent insight into what's going on in the market and what you should do/think about it:
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Excellent list of points. I pretty much agree with all of them with the exception of the 25 best/worst trading days statistic which I've always thought was a lame study (although I agree with the sentiment behind it 100%).
My biggest concern with the current meltdown is that it will go on for too long and I'll run out of fresh funds to use to to buy into the markets. I invested another big chunk yesterday but at my current rate of purchasing I've only got another 6 months of funds invest. If the market is still down in 6 months I'll be kicking myself -- or I'll need to figure out a way to get some more funds. :)
Posted by: MonkeyMonk | September 30, 2008 at 10:23 AM
You're right, that was an excellent post. Thanks for sending me his way.
Posted by: guinness416 | September 30, 2008 at 12:53 PM