Is Now the Time to Buy Stocks?
Written by: Aaron Katsman | March 17, 2008
Aaron Katsman
www.IsraelNewsletter.com
With the bailout of Bear Stearns (BSC), the US Dollar sinking against most major currencies, crude oil and gold prices up near all time highs, the question for investors is what they should do? I spent today with my ear glued to the telephone as client after client called up wanting to know what they should do with their investment portfolios. Obviously, no one can predict the future, but with all the bad news out there today, isn’t it interesting that the stock market didn’t crash.
Anyone who watched the news today would have thought that the end of the financial markets, as we know them, was at hand. But that didn’t happen.
No one can predict a market bottom, but there is an old investing adage that says that, “when there is blood in the streets,” that is the time to invest.
Could things get any worse?
Disclosure: Author has no position in any other stock mentioned as of 3/17/08.
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Aaron Katsman is Managing Editor of the Israel Opportunity Investor newsletter. He is lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.
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