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Tuesday, August 09, 2011

If You Want To Lose Money, Sell Your Stocks Now

The plunges in the past week in the stock market are gut-wrenching but those who panic and sell off right now are going to be kicking themselves later, says legendary economist and former director of The Vanguard Group Burton Malkiel. The most you should do is rebalance your portfolio.

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3 comments:

Anonymous said...

Any broker will tell you the same.
That's what they get paid to do , there will come a time that the market will go down and will never return.
There is too much unrest in the country. The U.S. is now a country without friends.
I do not and will not invest in the market anymore.
Obama , a muslim ,is not concerned with a capitalistic nation.
His goal is to destroy this country from within , he's doing a great job of it without any problems in his way.

Anonymous said...

Obama bought 1000 shares of Taco Bell today. He said he always wanted to own part of the Mexican phone company.

Anonymous said...

And if you want to keep your money do not buy any stocks today.