Economic predictions, pt. 1

It’s fine to post numbers, but as a guy who lives and breathes those numbers and bets retirement on those numbers, this sort of stuff is like saying you should never invest into the market, because you’ll always see a drop in it. Ugh, I hat to say it, but Harper’s right. When the market fluctuates like this, it’s always good to buy. When you buy mutual funds, you buy more units when the prices overall are low. Your stocks and mutual funds are not entirely dependent of these figures either; it’s just an overall indication of the market performance. Sure, that performance may be poor, however, think of it as a valley, it’ll come back up and it’ll most like be higher, when it recovers. Finally, just one small note. Don’t quote the Dow when we live in Canada. Quote the TSE and we’ll talk. It’s always more stable (thanks to our bank stocks and natural resource stocks) and more reliable.