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October 06, 2008
Best (Worst) Timing Ever for an Investment Story?
Smart Money magazine certainly takes a firm position on the cover of its October issue. The publication goes way, way out on a limb with the cover line
DOUBLE YOUR NEST EGG: Now is the Time to Jump Into Cheap Stocks, Funds and Real Estate
Online, we learn the article appeared on the dread day of September 16, 2008, the day the avalanche began to pick up speed and gather hapless i-bankers others in its terrifying, and continuing downhill plunge.
I would like to hear from anybody who took Smart Money's advice and went bullish into the market when it looked like the Dow would settle into a great buying opportunity at, say, 11,000. That's got a nice ring to it.
Now that I think of it, 8000 sounds like an even better buying opportunity.
Van | 10/06/08 at 09:01 PM | Categories: Life and how to live it
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