"Invest at the point of maximum pessimism."

[JBoy]

http://www.investopedia.com/university/greatest/johntempleton.asp

Sir John Templeton



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I think we're almost there.

[nradisic]

1. If you've got cash and a couple years to wait....

Now would be the time to start buying....you can make a killing if you can wait five years.

[Warpy]

2. That's about how long I'll wait

I've got cash and I can live on practically nothing. I know how to be poor.

Still, it was nice to have that illusion of being one of those "have a little" people for a while, 2 1/2 years.

Sic transit glorious money. Oh well, it's not like I was planning to use it to leverage debt.

[grahamhgreen]

3. I am just about to buy 30 shares of DIA - what do you think?

The market is now 5-600 points below where it was at 8 years agao. There still has to be some inherent value in these companies, somewhere.