Posted by: Mike P. | August 19, 2011

The Market


I’ve been lamenting the stock market lately. I invest primarily through a 403(b), which basically acts like a 401(k). Every two weeks, some amount of money goes into a set of funds that I choose from among a larger set that is available.

The recent spikes in the market are obvious. Every few days, everyone panics and sells. Wouldn’t it be nice if I could invest on those down days?

Any then it hit me: why not convert my purchases to cash funds? Allow some amount to accumulate, and then buy on these ridiculous downward days?

I think I am going to start doing that.

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