Monday, December 17, 2007

Siegel: Outlook for 2008

Jeremy Siegel makes his annual predictions and see stocks with an 8% prediction is that stocks will be up, down, or about the same as they started!

Perhaps you think my prediction is weak or comical - it is neither. Predicting the markets, while fun and time consuming is a waste of time as no one can do it correctly on a consistent basis.

I have a fundamental belief that stocks will go up over time and that it is much better to be in them than out of them, other than that - I stay away from predictions.

Having said that, take a gander at Siegel's outlook - it is interesting.

Scott Dauenhauer, CFP, MSFP, AIF