With everyone looking for deals and bargains these days, it is time for investors to put some money to work in stocks and other investments. The S&P 500 is down 46% from its all time high, the NASDAQ is down 47%, a diversified ETF for commodities is down 65%. The list goes on and on of assets priced well below their highs of a little over a year ago.
No one knows where the bottom is and most people wait until it's too late and the majority of the gains have already occurred. Going back to 1900, if you took away the ten best days on the Dow Jones Industrial Average, two-thirds of the cumulative gains over the last 109 years would disappear.
Things are scary right now and many people have lost faith in investing. History has shown that we have experienced up and downs before and that average returns over time are positive. If you have 5+ years before you will need to use the money, you really should consider buying a group of diversified index funds.
Buy while its on sale!
