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Strategies & Market Trends : Classic TA Workplace

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To: lisalisalisa who wrote (38647)5/9/2002 5:50:21 PM
From: David Howe  Read Replies (4) of 209892
 
<< What is it with peoples dad's? >>

The market has trended higher for their entire lifetime. Every time the market pulled back significantly in the past 60 years it's turned out to be a good time to make a long term investment.

An entire lifetime of equity investing paying off is the likely reason that "dads" think the same thing will be true this time.

IMO, they are correct. Buying today might not pay off over the next 6 months, but it probably will over the next 5, 10, 20, 50 years.

IMO,
Dave
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