Prices Are Interesting Again
Investors, by nature, should welcome declining markets, so it was pleasant to see the S&P 500 drop more than 4% last week and more than 7% so far in May. I know that markets will go up over time, but if you want the value of your investments to climb, you have to buy when the market heads lower. There is no other path to sustainable investment success than having the courage to jump in when everyone else is jumping out.
Prices are interesting again, and it looks like our European friends may send prices lower still. While I believe the U.S. economy is in vastly better shape to withstand any European financial shock, that doesn't mean U.S. equity prices won't experience a little more volatility. More volatility equates to greater opportunity. ...428 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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