Monday, August 24, 2015
If in doubt do nothing
The world is quaking this morning over the stock market.
So, what else is new?
If you have been prudent and have spread your portfolio out then this is why you have those munis and those other bonds that don't move with any market.
And if you are all into the Wall Street thing, then wait it out.
Advice After Stock Market Drop: Take Some Deep Breaths, and Don’t Do a Thing
What goes down must go up.
An adjustment is just that.
It is like the weather. Too hot for too much right now, stay in. And if one has to, then learn to live with a couple degrees more heat.
Winter will come.
If you have some cash, look around. It might be the best time to buy a few things in many months.
Labels: money