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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: shres who wrote (28329)1/30/2007 3:42:06 PM
From: queenleah  Respond to of 42834
 
Kirk said that he agreed with Bill Flanagan and would tell Kelly if she thought that the market was going up she should lump sum in right away.

OMG, what horrible advice. That's the last thing she should do. I don't know what her age or her needs are, but it's the last thing I would do.

And there you have it. Queen's advice.

It's free--and worth every bit of it.



To: shres who wrote (28329)1/30/2007 7:27:03 PM
From: dijaexyahoo  Respond to of 42834
 
shres said:

<<Kirk said that he agreed with Bill Flanagan and would tell Kelly if she thought that the market was going up she should lump sum in right away.

Can't argue with that logic.>>

--LOL! I always "love" it when Flanagan and others say that!

Of course, we all KNOW the market is going up, given enough time. It might go up tomorrow too. -:)

Or, today COULD be like Jan. 2000, and it will take 7 years for it to go higher than it is today. Or it might take 14 years this time.

Still, if Kelly has enough years left, she could dump that $300,000 in the market and outwait it. Of course, she might have to sweat out a nasty 50% drop FIRST, and if she's "nervous," that might not be the easiest thing to do.