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Old Oct 9th, 2008, 08:17 PM   #12 (permalink)  
Faisal
Kher Andesh
 
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Join Date: Sep 9, 1999 - 3:00 pm
Location: California
Posts: 23,309
Blog Entries: 9

Thinking


I don't have a crystal ball, so I try not to over-worry myself and micro-manage my retirement on a day to day basis. History is a good guide to predict future. Unless you are planning to retire in the next 3-4 years, ride it out. Everything gets corrected in the long term. As one presidential candidate so infamously said not long ago "the fundamentals of the economy are strong " Ok, I kid. But really, stocks may take a beating in the next 12-36 months, then things will begin to stabilize. They always do. If we are lucky, some of the new regulatory actions will turn things a bit quicker, but don't bet on it.







"Let your friends underestimate your virtues. Let your enemies overestimate your faults." - Godfather.
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