A couple of days off and other thoughts
I am going to be away up country for a few days and leaving the laptop behind. Probably good time to take a few days off. I find it interesting that the page views on this site go up and down at about the same rate and time the market does. When the market is going up, many more seem to want to read about investments, on the way down fewer want to read about stocks.
I am pretty much fully invested in stocks (with the money in the accounts for that purpose) at this time. I made a couple of purchase as prices of interesting stocks fell, but no where near the current lows. I am not a good predictor of when the market will go down, and also not when it will rebound. My process is to look for good companies with stocks that will appreciate or pay an excellent income over time. From this point they are more attractive than they were 10% or 15% higher.
A new news cycle for earnings is about to hit, so I am looking forward to see how the companies of the stocks I discuss here have fared in there pursuit of profits. Fear currently rules the market, but some good earnings news can turn that around.
I hope the market rebounds significantly in the next few days, but the emotional swings of the overall market are not something I can predict.
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2 Responses to “A couple of days off and other thoughts”
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I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Allen Taylor
Thanks for the note, I hope you find the writing here of interest.