Posted on Jan 14, 2016
3
3
0
Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that "The time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.
Investing
Stock Market
65FX: Financial Management
Edited 9 y ago
Posted 9 y ago
Responses: 6
4
4
0
I'm sticking with my asset allocation plan, adding more to the pot every month, and rebalancing when it makes sense.
(4)
(0)
LTC Steve Mannell
We just finished presenting our 2016 Market Outlook webinar. This is the same guidance we share with our clients. Good investing starts with an appropriate asset allocation. Ignore market noise.
(0)
(0)
MCPO Roger Collins
So, you don't believe the Bears that say the big one is coming? I don't either, your advice is good and what goes up comes down, however history has proven, ups win more than downs.
(1)
(0)
2
2
0
1
1
0
So long as the fundamentals are sound, BUY and keep buying. in the long run you will be ahead of the game. During the last down turn some of the guys I worked with started dumping because the price tanked. they where crying about all the money they "lost". I tried, and for the most part failed, to teach them "you haven't lost a penny until you sell and lock in the loss" but if you keep buying and ride the cycle back up you will have a lower dollar cost average, and end up ahead of the game.
(1)
(0)
Read This Next
Continue with Facebook 
Continue with Google