It has been nearly 3 years since the Dow Jones Industrial Average was this low

Another rough day on wallstreet pushed the DJIA to the lowest level since the week of November 4th, 2005 since the DJIA was this low. The other bad new? Yep, there’s more – oil is up about 5% today too, as investors fled riskier investments and hedged with oil and gold among other commodities. All said, the DJIA is down around 24.7% from its all time him of just over 14,000 points in early October 2007. Many people assume this is a bad time to invest, and they should pull their money out ASAP, however, I believe the opposite, as there are some true bargains out there now. Stick to your retirement plans, the market will rebound, as it always has.

Leave a Response

You must be logged in to post a comment.