I don’t understand why no one is saying it. Its America’s best kept secret, that people my age, the younger generation, we need to be BUM RUSHING the stock market right now. I don’t know much about the stock market, but I know enough to know that many investors are putting up ALL THINGS MUST GO signs like a garage sale. However, investments made at this garage sale could make you rich in a couple of years. This may not bode well for those getting ready for retirement, but for us, the young people, this is like buying diamonds at the dollar store, and these diamonds are real, or they could be. You’d have to be crazy to think that Ford Motor Company is going to continue to trade at $2.17 share. It may take some patience, but com’on…young people should be selling candy or Krispy Kremes to get some cash for investments.
I have to admit, I’d been thinking about this for a while, but I wasn’t so confident in my thesis. Then I heard a specific someone was thinking just like I am, billionaire Warren Buffet. Buffet wrote in a October 16, New York Times Opinion piece, “Be fearful when others are greedy, and be greedy when others are fearful.” Why? Because Buffet knows that economies come and go in cycles. There are high periods and there are low periods. At 21, I know am going to see prosperity come to this country again. I may be 27, 35, or 50 when that time comes, but America fights back, and I’d bet my dollar on that one.
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