By Guest Columnist Chris Fernandez of PeakStocks.com
It's time to put some money to work.
I don't profess to know when the markets will turn, or how long it will take, but I do know that there are quality companies out there begging to be purchased, if only in small increments at the present, and held on to for years to come.
The three companies that I have added to my portfolio are probably no secret to anyone who has been following my recommendations for some time:
. I am advocating purchasing a quarter position in each one.
We have been given a fantastic opportunity, provided we are a long-term investors and can stomach further drops. I don't know when the market or these stocks will rebound, and it could very well be that we get to purchase even more shares of these great companies as they come down even further.
The best time to add stocks to your portfolio is when others are panicking and there is blood in the streets. Don't shy away from great opportunities because of uncertainty.
To find out why I'm buying these companies today,
This article was written by a member of the Stockpickr community, Chris Fernandez. Fernandez is the founder and CEO of PeakStocks.com, a Web site dedicated to the micro-cap and small-cap stock universe.
Stock recommendations and comments presented on Stockpickr.com are solely those of the members quoted. They do not represent the opinions of Stockpickr.com on whether to buy, sell or hold shares of a particular stock. Members should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into a member's stock analysis or opinion. All members are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance or portfolio performance is no guarantee of future price appreciation or performance. Furthermore, Stockpickr.com does not guarantee the accuracy or completeness of information on the site, nor does Stockpickr.com assume any liability for any loss that may result from reliance by any person upon any such information or recommendations. Such information recommendations are for general information only.