Analysts are saying that after the first few days of the year, the stock market has climbed as much as was predicted for the end of 2006. Is it time to get out now and wait for a buying opportunity in the third quarter?
I’m not changing my plans. I’ll continue my systematic investments in my Roth IRA and 401(k) while attempting to put more savings away throughout the year.
Are you making any investment decisions based on the first few trading days of the year, which are thought to be a good indicator of the year to come?
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4:58 pm (reply)
I’m not making any changes. Persistence is omnipotent.
6:45 pm (reply)
Dollar cost averaging, time and time again. Keep investing. You have to. Of course, steer clear of anything that sounds too good to be true. Also, some pharmas look good this… but there are plenty of pharmas that look bad. So, keep your eye out for them.