Quote:
Originally Posted by GregWeld
While you're WAITING -- the market is moving relentlessly ahead leaving you behind.
There's an old saying - "Don't fight the FED"... which means ya got to join 'em... and they (the FED) has vowed to keep interest rates low...
Next oldest saying... "when interest rates die (stay low) stocks will fly".
See how the two are linked?
Get into Apple before you miss out on the next $50 move. Or move on and get into something else that you "trust". Never ever never ever buy a stock that scares you to own. ...
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Greg, First I truly commend you and all the others that have contributed to this thread, simply awesome and the discussion is very easy to understand, I wanted to comment on Apple, my 401K is switching out one fund and adding (Ticker PRWAX - T.Rowe New America Growth) there biggest holding is Apple, then Google, it is going to be available to us March 22nd, I knew that I was going to get in, this just confirmed it. (now I have not decided how much just yet, but I am putting some in for sure!)
My 401K is very similar to others we can only pick funds that are in there (we have about 12 choices of Large, Medium, Small caps, a bond fund and a basic money market fund) but I check them and I try and make sure I am in the ones I feel are the best for me, I have about 25 years until retirement so my risk level is higher then someone who is 5 years away from retirement.
Thanks again Greg (and WSSix for starting this thread) for putting your time into this thread and educating us on this subject it is truly very rewarding and interesting, I check it daily!