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How Low Can It Go?

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How Low Can It Go?

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03-04-2009, 12:23 AM

#11

Schneed10

A Dude

Join Date: Feb 2005

Location: Newtown Square, PA

Age: 45

Posts: 12,421

Re: How Low Can It Go?

Quote:

Originally Posted by Angry

I sold last September and I claimed my losses on my taxes. I am looking to buy back in within the next couple of months. By my estimation despite my losses I am about to make some considerable gains in the future. Is that wrong...Schneed?

That's what I'm doing. I'd caution that you shouldn't go heavy on stocks if you need the money within the next 10 years. Otherwise, it's a great time to go for it.

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