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Originally Posted by Cajungator26
Please don't be ignorant ... it is this kind of thinking that CAUSES this. The market is on sale right now ... NOW is the time to buy if you have the funds to do so.
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I have been hearing all summer how the "market is on sale". What is "on sale" anyway? Does that mean that it is at a discount to its previously overinflated price? I remember when the tech stocks crashed in the early part of the decade and everyone spoke of how they were " on sale". Man, thats a long sale because many of those stocks never recovered. I know- you can pick out a handful that flourished as you can in any market. But if you invested in tech when it FIRST started to crash in 2000, you are sitting on a big fat stinking pile of RED right now.
You say "now is the time to buy". Okay...give me five stocks to buy RIGHT NOW. You may be right and if so you get all the credit.
Personally, I am not good enough to pick out 5 stocks right now.