Quote:
Originally posted by blckwidow
1. Don't invest money in the market that you will need in the next 5-10 years
2. Invest regularly, it's called dollar cost averaging
3. Buy low and sell high........ the market is low right now, so now is a great time to start investing
Start investing in a broad based index fund, put in the same amount each and every month, don't try to time the market, and just invest and leave it alone for 10-20 years. Most of the sour grapes people either started when the market was high, invested badly, or invested money that they needed in less than 5-10 years.
For those who are moaning: if your investments are good, just wait it out, the market always comes back.
Then again, I love people who get out when things are down and jump on the bandwagon and buy when things are high, they're the ones who make it possible for people like me to buy low and sell high.
Definitely read everything you can at www.motleyfool.com it's a great site with tons of unbiased information.
Karen 
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i like to keep up with all the biz mags (Forbes, Fortune...) and all I can say is that the "rules of the road" you state come from another time and place and do not necessarily apply going forward. I am not necessarily disagreeing, but there are dozens of smarter people then I who have written that the time of the broad index funds outperforming the actively managed ones is over and is an illusion of an outperforming stockmarket where the tide lifts all boats - but in this kind of a climate - the indexes are weighed down by the relative size of a few large companies that can be lond term dogs and weigh down the entire index. So, what to do. I know not. I just don't trust accepted wisdom any longer.