The Nasdaq composite sank to a new low for the year Friday and stocks lost ground for the second straight week as investors dealt with rising oil prices and long-term interest rates. (From CNN Money.)
To me this says Keep On Investing. I’m in it for the long haul. My investments are all long-term, and while no one knows what will happen over the enxt thirty years, I’m going to keep putting money in while the market is “low.” The market has hit a low mark on the same Friday that my automatic investments take place. Maybe this means I’ll be getting a bargain. Only time will tell.