2 edits | reply to Chuck Carlson
Re: Just waiting.... said by Chuck Carlson :
With the stock market indexes set to lose at least another 50 percent there will never be a better time to sell stocks in general. Stocks rarely make you money when indexes go down. In the long run you'll never beat the indexes. I'd wager money the stock markets will be sharply lower ten years from now than they are today.
But stock markets are going to be UP between now and mid 2010. Sell now and you will be giving up gains of 25 to 50%. As to 10 years from now - who knows.
»news.morningstar.com/articlenet/···=2684014
»news.morningstar.com/articlenet/···d=302122
And what indexes are you basing this on? Just US indexes? Start thinking of investing in Foreign stocks & bonds.
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