So when is a good time to buy stocks? Opportunity is knocking.
Ok, everyone is in panic mode. The DOW is dropping like a rock. The basic rule of "buy low sell high" is being overridden by panic and people are in "bought high now sell low" mode.
So when is a good time to buy stocks? Do you buy when a stock hits 80% of it's original value? 70%, 60%?
Or do you go for those stocks that have hit 10% of their value and hope they are don't go belly up and return to 100% in the next 5 years?
I have no concern that in 5 years, the dow will be back to 10,000 - this I have complete confidence. The question is, what to buy in that middle time?
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