I hate to look at it that way because there are a lot of MISERABLE "investors" out there in the midst of this, but I started buying some select things on Monday afternoon and I'm continuing to buy. Not out of patriotism, but out of a desire to make a long-term buck!! Does anyone seriously think these strong companies are going to be priced down here again in the next five years? Anybody really trying to time the bottom? Hmmm....things to think about.

 

Right now, and probably for a while to come, investing is very much like shooting at fish in a barrel. If you're really in it for the long-run, my sense is that you're definitely buying a relative low (a trough, if you will)... Of course, I guess depends on your specific startegy, vehicles, and objectives. I think you meant blue chips? I'm just buying heavily on an S&P500 Index, right now. I don't have much faith in actively managed funds, in general, having met a number of the "managers"... ;-)

All of the above, is just my $.02, obviously. Some of my institutional wealth managers and investment experts advise otherwise, or are adopting alternative strategies.

 

Not only out of patriotism, but seeing an opportunity to bring down the average cost of some of my equity investments.

I am in it for the long haul....

 

with the intent for a long-term profit. My thoughts on the matter? If companies such as Boing and the like who have Government contracts, and who are vital to the sustaining of our way of life (flying is certainly a way of life for us), then it won't matter anyways. I've bought IBM as well. AT&T as well. Any company who is close to being essential to our way of life I'm wanting to buy, because if they go down, everything will likely go down. At that point, it won't matter anyways.

 

Can't believe the fear factor is feeding itself into a depressive never-ending selling frenzy.

Stop the insanity.

 

I've been slowly buying in small 50 share increments the entire week.

 

Don't forget us networking Tech stocks...They'll come back around....They have too! :-)

 

Since we have stocks in many different companys, we just bought the following:

DIS (Disney) @16.60
MER (Merrill Lynch) @35.50
Intc (Intel) @19.49
BK (Bank of New York) @30.75

Good Luck and even to buy a little will help us out. Go ahead and buy today.

 

Some of my stocks have gone down to zero over the past 15 years, but very few. The rest have tended to rise over time, while jumping all over the place in the short-term. I've lost nothing, because I've sold nothing--except the occasional stock I want to get out of for due to ethical considerations, etc. Then I take the opportunity to offset the gains (if any) with losses on a dog.

When my time horizon becomes less than 5-10 years, then my strategy will change drastically. Until then, I've lost NOTHING, because I haven't sold, and thereby made any of the current numbers real.

 

No one is deft enough to consistently time the market. Those many who try must not only get out at the right time, but must get back in at the right time. You just can't do it, though I've seen many try.

Interesting that so many poured money into crap stocks at obscene prices, but refuse to buy great companies at excellent prices for fear of losing more. Of course, those who hold haven't really lost a thing, except on paper.

There are 2 primary emotions which influence investors; fear and greed. The problem is that most investors are greedy when they should be fearful and fearful when they should be greedy.

Don't surrender to fear. Buy quality at fair prices, continue to add to your positions (if you can), diversify, and have A LOT of patience. Ultimately, you will likely be well rewarded.

The weak hands who are selling in panic, are buying CDs and bonds. They will get back into equities after much of the upward move has been completed, having convinced themselves that everything is now "okay". These weak hands, who sold low, will once again buy high and their cash will fuel the rise in the quality companies that you bought when they were unloading.

Again, you must be VERY patient to make money in this sort of environment.

P.S. A lot of folks still have tech on the brain. You must abandon that mindset, which is not to say that there are not some tech companies which are worth buying. Technology is NOT the market.