To all my followers it seems that the passed couple of days have been rough for anyone that owns stocks. I'm here to tell you that everything will be just fine! The U.S. Stock Market has been on a run since March of 2009 and frankly as the saying goes WHAT GOES UP MUST COME DOWN! Markets move up and down and there will be corrections along the way. I'd rather see the stock market pull back gradually than what we experienced in 2008.
Europe is playing a major role in dragging the U.S. Equity market down. Please don't be discouraged because the best time to buy is when you feel awful about the stock market. Invest in companies that have good fundamentals. What I mean by that is companies that have good earnings, little debt, possibly a dividend, great management, and a optimistic outlook on future business.
Many companies have been sold off way to far and warrant higher stock prices. Stay optimistic and in the end you will be the one living comfortably in retirement!
Come visit tomorrow as I will have new material on what to look for when choosing a Mutual Fund for your 401K or other Retirement Fund.
Thank You,
Clay-
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ReplyDeleteLiz,
ReplyDeleteI remember your question of what is the best way to track your portfolio. I use Yahoo finance. That is where I do most of my research. Also, Google finance allows you to transfer CSV Files from your brokerage account so you can view them that way. Most online brokerage or financial institution have their own software to track your portfolio. However, some are more user friendly and easier on the eyes. I would view the portfolio tracker that you currently have access through your financial institution. If you don't like it try Yahoo or Google finance. Hopefully this helps.
Clay-