"Investing in the stock market right now looks scary right now, and it looks like putting your money in the stock market would be the wrong idea. Add to that all of the negative press from the media, plus the doom and gloom from so-called economists, and you’re ready to pull your money and 401k out of the stock market.
But as Pres. Bush would say…”Stay the course”. Although the markets look bad and there is no immediate end in sight, I recommend you stay the course and keep investing in the stock market MORE than you have before. As you know, stocks are dirt cheap and are at their lowest point in years! So pick and choose wisely, and stay the course.
Winners know that when the market is doing good, the media will tell you that it is better than what it actually is. And when the market is doing bad, media will tell you that it is worse than what it actually is. Losers actually listen to the media and invest accordingly.
As Warren Buffet would say, “be fearful when others are greedy and be greedy when others are fearful!"