Quote:
Originally Posted by packs
I guess I just don't see the correlation. What does one thing have to do with the other? More money in the market doesn't translate to more cash on hand unless you're willing to pay an avalanche of fees to buy a Mickey Mantle card. Less money in the market wouldn't affect your cash on hand either. Most investments are long term so a bad month or a bad year shouldn't cause anyone to panic unless an investor is playing the market like some kind of lotto, which I think is a terrible way to invest.
|
You definitely have a point. But when the market is down it is psychological more than anything to many people. It is for me anyway. I just hope it's up when Heritage is ending as I will feel better about making a purchase, if I so desire. It doesn't make sense but what can I say?
,