Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (14389)	2/25/1998 2:21:00 PM
From: posthumousone	Read Replies (5) of 94695

I'm 30 year old engineer, and by no means as experienced investor as anyone here. I thought maybe there was a bubble. Maybe I am being too cautious. Don't time the market, it will all work out in the end. Stocks out perform. A stranger struck up a converstaion with me in a bar this weekend. He was a 26 year, 2 year exp. Broker. He kept saying how much money he is making. Buy HP, buy this buy that. I asked him if he ever thought there would be a bear market. He said "NO, the old rules don't apply anymore, its a whole new ballgame." People where I work just keep looking for the hottest fund. I'm parking my money in that Fund, they say. Others just keep "dollar cost" averaging saying they don't know where its going don't want to know. They just know they will make money. There Finacial advisors say so. As I watch the market go up and away I am starting to think there is no bubble and I should put more money in. Just confused, thinking I made a mistake of "pulling out" to soon and having cash ready. Maybe I'm wasting TOO much time trying to learn about the economy, markets, world events. Thought some might be interested in what an average investor is thinking.

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