Is it Time to Buy Stocks?
Posted by admin | Filed under Investing
A lot of people who are in the sidelines are ready to throw in the towel. If you’ve stopped contributing to your plan at work and have the wherewithalto start, you are in good company. Warren Buffett, considered by most the greatest investor of all times is now buying stocks, you should be too.
One of the reasons that it right NOW to buy stocks is that the current P/E ratio’s is below the 50 year average (17.57).
Warren Buffett said “If prices keep looking attractive, my non-Berkshire net worth will soon be 100% in US equities.”
Enough said.
December 4th, 2008 at 5:59 pm
OK. Maybe it’s not quite prime time yet, but be careful trying to time the market.