Is this a good time to buy back in to the market? I am sure at some point many will be asking this question.
With share prices crashing around our ears, there’s clearly no lack of doom and gloom around at the moment. But if you’re a bit of a contrarian thinker (means people go left, you go right), who likes selling when markets are frothy and sneaking back in when everyone else is dumping stock in panic, you might be thinking it's time to buy.
Shares have dropped such a long way, it’s very tempting to start thinking about finding some bargains. But WAIT!! Are you aware what is the next scary thing thats about to unfold?
Hedged funds!
Yeah right. What’s happening on the hedge fund front may mean it’s not quite that simple and easy for you to time an entry now to buy back … really.
Yes, stocks are cheap now, but they will get cheaper, a lot cheaper soon...heehaaa :)
King of the Birds, Lord of the Skies
Gather ye rose buds while ye may, old time is still a flying;
and this same rose that you see today, tomorrow will be dying.
CarpeDiem: Seize the Day!
- Dead Poets Society
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