Monday, October 27th 2008, 8:55 am
Hey there...
I hear from so many people who say "I wake up every morning watching you and wondering what is the market going to do today?" I am not sure if the market has hit the bottom before it starts moving up.. but I know people are operating on emotions.
A friend of mine at church is a financial advisor... and he told me Sunday... about so many people are making foolish financial choices right now. One client called and said...."I want to sell everything."... The financial advisor asked him why? The client replied..."...because it"s so low right now." The advisor said "then" what are you going to do?" The client told him " I will get back in the market... when everything starts going up again."
Warren Buffett recently said in an interview just a week or so ago... "When the market is greedy...be fearful.... and when the market is fearful... be greedy. Our family is choosing to not live in fear about this time in our world. We are praying about making sound choices. I encourage you to do the same. Make sure you have reputible people helping you with your financial planning...be careful who you listen to.
Blessings..... Robin
October 27th, 2008
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