Invest wisely, don’t shy away now.

Dan GreenshieldsPost by: Dan Greenshields, ShareBuilder President

These days, watching the stock market rise and fall is like being on a ship in heavy seas – looking too closely at the deck moving can make you sick, you need to look way out at the horizon. Yes, times are tough. But keep investing, especially if you have long term goals. Don’t stop now. In an opinion piece for the Atlanta Journal-Constitution, I said this means you can get more bang for your buck. And over the long run, hopefully more money in your retirement account and kids’ college fund.

Now, I wouldn’t recommend picking stocks by throwing darts or assuming you’ll make all the money back that you lost in just one day. And you shouldn’t put all your chips into one or two stocks, cross your fingers, and hope for the best.  Have a plan.  Determine your long-term goals. And build a portfolio that is diverse, low-cost and will help you reach your goals. Remember: slow and steady wins the race. 

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Comments (6)

  1. Lee

    Yep. Great time to invest in low-cost index funds if you have 10 years or longer.

  2. Mark

    Index funds are for sheep, and sheep get slaughtered. If you’re not up for doing the research like our man Lee here, get a savings account.

  3. Andi

    How many of us wait to buy until it goes on sale, or covet the semi-annual clearance sale at our favorite retailer?
    Consider your investments “on sale”. All sales end sometime, so shop while you can!

  4. Jesse

    For me it is all about dollar-cost averaging over the long term, and it is a great time to buy!

  5. christopher pyles

    i have stocks at sharebuilder,but was suprised they dont offer att-at&t stocks.if enough people request it they will add to list. go to help link and look for security listing request, and request att be added

  6. Waller

    I have given up trying to find oujt the rate on saving ,money markets, or CD. You ar offering to much information for me to wade through.

    Jerry Waller, A long time customer.

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