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Stock Market Down

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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.

Published or updated March 18, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .