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Overnight Open Thread

241
lawhawk7/29/2011 6:49:59 am PDT

re: #215 prononymous

Depending on your investment size and whether it was in a brokerage account, it would be protected under the SIPC.

I’m with Killgore on staying invested in the markets - a downturn is still an investment opportunity. You can dollar cost average to benefit from picking up stocks that get undervalued relative to their actual performance. It’s not for the faint of heart, but the pros use the same kinds of strategies. If you’re worried about downside risk, consider diversifying to include a bond fund or other investments to spread risk. (Not a professional investor, but just saying what I’ve been doing when I’ve got available funds).