I'm holding, what else can I do. I'm already diversified, so the only place to go would be cash or bonds. How long will it be, or should I say how bad does it have to get before the Fed lowers rates? Thoughts?
Mike
11 posted on 08/10/2007 5:53:13 AM PDT by MichaelP
(Robby Gordon got hosed...)
I can’t tell you. Timing the market and predicting bottoms requires more luck than skill. Diversifying and holding for the long term means you shouldn’t have to worry about those things.
13 posted on 08/10/2007 5:57:56 AM PDT by Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)