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Reply to "Stock market up - giving me jitters"
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[quote=Anonymous]www.bogleheads.org , people. Go to the site and read the philosophy. The basic thing is by the time you'll feel "good" about investing in the stock market, then everyone is feeling the same and buying stocks, so they are... wait for it.... more expensive. You are buying high. When everyone around you panics and you decide that it's too risky to be in stocks then you sell... low. So what you need to do, because you can't predict the future, is allocate and diversify a portfolio, and then rebalance from time to time. Don't try to time the market or pick stocks. www.bogleheads.org has a whole philosophy based on living below your means, investing in a diversified portfolio and slowly over time gaining wealth. Check it out. [/quote]
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