pecfan saidHey HndsmKansan, the poster asked is it a good time to buy and he is investing for the long term. So I think yes.... it is a good time to buy. No, I don't have a liscence. This is RJ, not CNBC, and even those guys don't know what they are talking about.
First of all, learn to spell the word "license" secondly, if you are going to hand out out advice, get one. Thirdly, the people on CNBC are way ahead of you...
Most of the time, I am pretty "flexible" when it comes to others opinions, not this time. The idea of someone suggesting an "ETF" or even something as simple as a mutual fund (of which there is a huge variation of risk from one to another), options, UIT's, limited partnerships makes no sense whatsoever
unless you know the party involved. It would make sense to say, "for those who want to save for the long term, understand investment risk and don't need their money for at least 5 years... now is a good time toinvestigate
mutual funds and other investments, especially through
dollar cost averaging, etc."