Posted on 08/24/2015 5:50:43 PM PDT by SkyPilot
It depends on your age.
If you are young, sure, riding it out makes sense.
If you are old, well you should have been out of the market years ago because you will not live long enough to recover what you lost.
As part of my retirement planning I got out of the market ten years ago. While it is true I have not made much over the years, but then I have not lost it all either (except for inflation)
We are living in some strange times and I don’t think anyone really knows what is going on. There are some powerful forces playing games with the average person. Who ever comes out ahead in all this perhaps should be looked at more closely.
things are stabilized WED in Asia markets.
Even Kramer tonite was going on and on about how China is way overvalued. Gotta agree.
the Emerging Markets are not emerging. Yet, here is Latin American Large Caps with a P.E. of only 13.
http://finance.yahoo.com/q?s=ILF
Mexico PE is 19
http://finance.yahoo.com/q?s=eww&ql=1
those PEs are as of July 31. Need to re-figure.
yet, here is a China ETF with a PE of only 10. Cannot trust the financials ...
http://finance.yahoo.com/q?s=GXC&ql=0
Shanghai (China) is only down 2% as of 11:08pm EDT
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