Apr

19

I recently added a page talking about buying stocks on 2009. We all pretty much took a beating anywhere from 30-50%.

This does not mean we should completely abandon the market. When investing it is always prudent to take the long view. Warren Buffet does and it works for him.

But, I want to caution you. The medias mentality is still “day to day.” They advice us as if we are all mutual fund or hedge fund managers that need to show some substantial gain each quarter.

Anyhow, the objectives for being in the market for 2009 are…

  • Buy solid companies with solid futures
  • Preferably buy companies that consistantly pay dividends
  • Only commit money if you can afford to hold the security for 3 years or more
  • If your securities rise, put trade triggers in place to guarantee a profit. If you are interested in more of the details click here

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