People With Money In the Market

The market popped again today but only because of short term relief from the Fed. Now(next couple months) is an excellent time to buy and add to your positions especially your long term holdings.

If possible continue or start to dollar cost average into your IRA’s, 401k’s etc. You will pick up a lot of extra shares in the long run. This is also a good time to reinvest your dividends to pick up extra shares.

In a general addition to the thread (even though it is somewhat old) stocks or interests in excellent companies is an excellent way to build wealth and the easiest way to do so unless you prefer your own business, or real estate etc.

Contrary to what most people think more people become rich because of a bear or bad market as apposed to a bull or good market…5 years later.

Start today and you will thank yourself for an early retirement.