Honey's Bob Brinker Beehive Buzz: Moneytalk and Marketimer

Sponsor

To: wurkinstiff who wrote (671)	3/2/2009 5:22:21 PM
From: Boca_PETE	of 2345

"he placed another buy in the markets 750-850." IF ONE IS DETERMINED TO INVEST IN THIS DETERIORATING GLOBAL ENVIRONMENT, a better strategy would be to dollar cost average new money designated for equity investments over a 2-3 year period since nobody knows where the ultimate bottom will be from my viewpoint. Moreover, some would argue that the spending policies in the proposed budget this past week are the same disasterous policies of Juan Peron that led Argentina into a hyper-inflationary disaster. I agree his advise seems reckless at this point - it seems not to take into account the deterioration of international economies and that implication on the U.S. economy and markets. In my opinion, we are living through transformative times the financial and political implications of which are too large for anyone or any group to grasp at this time. The collapse of a global credit bubble is is not just "change", it's tectonic global change. P

Share	Keep \| Reply \| Mark as Last Read