Quote:
Originally Posted by pocketkangaroo
The market is just nuts at the moment and I still think has some more room to fall. Online savings accounts are earning under the inflation rate. CDs and bonds are crappy right now.
Where are you throwing your money these days? Doesn't seem like there are many good options.
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The biggest loss I have taken is in a stock that I bought at $5.00, at its peak it was $26.00 and is now at .22 cents and I am buying more of it. I am betting that long term it will come back and be higher than ever. I am also doing the same with other stock that I have taken major losses in. As Buffet said it is a buyers market and he is buying even though he too has suffered big losses.