Stock Pullback Is Buying Opportunity, Not Meltdown (Goldman Sachs, Bank of America, Countrywide Financial) | SmartMoney.com
A few weeks ago I posted an article by Don Luskin, this is a good follow up. Things aren't as bad as the press would have you believe, however, it doesn't really matter anyway. The long term investor has to realize that stocks are going to fluctuate wildly, this is normal. We are down about 6%, not much compared to history. If you want to hold stocks, but the last few months have you hiding under your bed......perhaps you should rethink whether or not you should be holding stocks.
Scott Dauenhauer CFP, MSFP, AIF