Sunday, October 19, 2008

Once-in-a-lifetime stock buying opportunity

"The market could go a lot lower still, but this is either the beginning of the end of the United States as we know it, in which case it doesn't matter how I invested, or it is a once-in-a-lifetime stock buying opportunity."

Scott Adams, Author of Dilbert Comics, from his blog entry


The market has been falling and stocks are clearly undervalued. Even the blue chips are down, with no fundamental problems.
Yes, a recession is looming, and we may be in for a tough time, but if you have the holding power for 10 years or so, i believe this is really a once-in-a-lifetime opportunity.
Buy USA equities, stocks, or funds. Hold for the long term.
You can't go wrong on that.

my only regret is i splurged most of my savings on loans and expenses.
damn.

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