baobaobebe

Thursday, November 01, 2007

Federal Rate Cut







Fed has cut the interest rate, which triggered the tumble of stock market. Our investment portfolio doesn't look good today. Everything is in red color. However, we see great opportunity of investing at the moment.

Biajee already bought some more stocks while I sat in company meetings this morning. We should be patient. According to previous experience, year-end is golden opportunity to invest because a lot of people tend to sell to recognize some loss on their IRS filing.

December and January were almost the lowest points for last year. I could never forget that I invested in early November and then see my investment going straight down all through the new year. Of course, it then bumped up in spring and I made some decent money. But I could have made more if I had waited for the best opportunity. There are only a couple times of golden buying opportunity in the stock market every year. If you catch that, you can be successful.

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