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Originally Posted by kmfarm
It's amazing to me the panic that sets in when the stock market takes a dip. Media hype and misinformation only make it worse. The stock market is such a giant animal that focusing on it daily, as the media does, doesn't give the proper perspective.
The stock market is driven by many forces. Including artificial and unrealistic company values. Corrections will always happen. Don't panic when it does. Just try to stay invested in sound funds or companies.
Junk bonds, Day trading, penny stocks and now sub-prime mortgage companies. Common sense should keep anyone away from these areas.
Personally, I love it when the market takes a dive. My 401k gets more stock for the money.
Mark
It'll come back. It always does.
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Good points, and solid advice, Mark. Investing can be tricky; and the narrow reports by the media doesn't help. Find a good financoal news website...be sure it's reliable, and study the trends in the market. Getting accostom to the cycles is crucial, and a good financial site, or two is a crucial tool for the savy investor.
MrKhay
