Friday, July 18, 2008

To buy, or to sell: that is the question!

And a question that I can't necessarily answer for you. However, when thinking about buying or selling stocks (or mutual funds or exchange traded funds) be sure to take into account the long term outlook. It can be quite scary to think about investment choices when the market is down and doesn't look like it is going up anytime soon, but history tells us that what goes down must come up. Conversely, as we have all unfortunately learned the hard way, what goes up quite often comes down too. That being said, you should still consider the stock market when contemplating your investment choices.

Although the advice in essortment's article "Investing advice: tips for buying during a bear market" is geared towards buying individual stocks, the explanation of the psychology behind bear and bull markets still applies to mutual funds and exchange traded funds.

Read the article and let me know what you think and what your experiences have been.

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