Thursday, January 17, 2008
5 pounds 12 ounces
18 inches long
3 1/2 weeks early!
Born at 4:55 on Thursday, January 17th, 2008.
I got my little girl!
P.S. I am fully aware of the meltdown happening in the stock market. My advice has not changed, the downs are temporary, the ups are permanent. This is normal, the market drops on average 20% once every five year, that would mean about a 2,800 point drop from its high of about 14,000. If we hit that 20% market, we'll be at around 11,200 on the dow - a screaming buy (the dow is a screaming buy now).
Timing the market is not possible, nor has it historically been wise. It is tough to ride out these panics, but ride them out we must. It is the price we pay for the higher returns stocks will generate in the long run.
Scott Dauenhauer, CFP, MSFP, AIF - AKA Proud Papa!