This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

No, It's Not Too Late to Buy Stocks





The world economy might be improving, or it might be on the verge of ruin. The Iraq conflict might inhibit consumer confidence, or maybe no one cares. Auto unions might strike, soybean prices might explode, a hurricane might blow the Pentagon into Pennsylvania and the Red Sox might win the World Series.

All things are possible, but for twice-burned investors fretful about whether to tiptoe back into the surging stock market, only one thing is certain: No major bottom in financial history was easy to call at the time. Each was obscured by flaws that forced private investors to the sidelines to await one last piece of data that would make the future more clear.

Yet no such final, irrefutable evidence ever comes. Investing must be done without certainty because reward only comes with risk. If you weren't scared, it wouldn't be the right time.

After all, the very best time to have invested this year was back in March when the world, at the onset of war, looked its bleakest. Some intrepid souls obviously did take advantage of those moments, and they made out handsomely. The rest of the world could only watch with wonder.

It's Still a Good Time to Jump In

Paul Desmond, president of Florida-based institutional stock research firm Lowry's Reports, says this phenomenon occurs because "there is not enough money to allow everyone to profit." And he notes that the phenomenon continues today, after six months of rally, as investors who failed to participate at the start now complain that valuations are too rich, and a crash is surely imminent, among other sorrows.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CPG $26.46 0.00%
GGG $71.81 0.00%
GILD $102.94 0.00%
HAR $143.59 0.00%
OSK $48.69 0.00%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs