Quote:
Originally Posted by chichirone
The key issue is people/buyers do not ask enough questions and take responsibility to seek to understand. Too many people buy with emotion and then realize the math does not work until AFTER they sign on the dotted line. 60%'er in my opinion. We have all done it...cars, homes, beverages, watches, stocks, <insert material item name here>
The scariest statistic resonating with me is the average American watches 8-10hrs of TV per week but spends less than 2hrs per month on finances. (The Millionaire Next Door or Automatic Millionaire) I spend at least 2hrs per week in this Investing 102 thread and since joining the Weld Financial Forums, more time researching on Google Finance and Charles Schwa than I care to admit. Ha! And we wonder why we have crisis or market fluctuations.  |
Weld Financial Partners Inc. haha
Quote:
Originally Posted by GregWeld
A rate hike appears to be coming.... and the market will have to adjust to that. I would expect more "dips" as people ready themselves for a rising interest rate environment.
While the rate hike has been "expected" for a very long time... the sooner we get it done - the better the market will like it. In the meantime people will be taking gains and locking them in. That's a pretty short sighted view of the market - but it is what takes place. There's no denying that all of us are just along for the ride.
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Quote:
Originally Posted by SSLance
I did some buying today...sparingly...
I'm thinking I'll get chance to buy more stuff on sale too.
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Im thinking to let my dividends accumulate until later in the year to buy more and reinforce a few of my positions
To be honest I am scared to buy more oil even though everyone keeps saying its at the bottom or near it
I have been thinking hard about buying media content providers like I posted not too long ago instead