Inukchuk wrote:That's also a possibility. Just because the market's dropped doesn't mean it's due for an immediate bounce back...
Well, anybody looking to invest right now, needn't be looking for an immediate bounce back. The payoff in the investment lies in your confidence in the market bouncing back eventually
. If you feel the economy will stabilize and then thrive again like it has in the past, then you may not live through a better time to buy than the present. You may not make a ton of money in the next few months (then again, you may), and you may even lose some; but as long as you're confident in the return of the economy eventually
, you can invest with confidence.
This is actually the topic of my Business Math lesson today. Blah.