Stay Invested and Win.
As I write this the DJIA is up nearly 500 points. Where will it close? I have no idea. No one does. No one can predict the future, if they did why would they tell us. We are living through a historic time, Wall Street will be changed forever, General Motors is looking to merge with Chrysler, Consumer Confidence is at a low. The list goes on and on. Each time there is a crisis, this is not the first, there are different reasons for the crisis. As investors we must stay true to our plan. Stay globally diverisified, only 45% of the world's capitalization is in the U.S., rebalance and if possible keep buying/saving. These markets will recover, when I don't know. Will it be the U.S. market leading, intermnational markets or emerging markets? Is the bull market in commodities over? Who knows. When will the real estate market recover? Is the bear market in real estate over? All these questions are really unanswerable by any individual. However, there are those that will proclaim they saw it coming. If enough people are predicting someone will be right. The problem is we don't know who will be right and when until its all over. These markets will recover...stay invested...stay globally diversified...rebalance.



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