We're Back 😃 say the Insiders

I truly believe right now that we're setting up nicely for the third quarter and the end of the year rally. there's just too much pessimism out there on the stock market and of course the new cycle is pretty depressing as well. as I mentioned before in previous post as Warren Buffett says buy when there's blood on the streets. you have to reason that those people on the inside of the various enterprises know something about the near future business prospects and are there for staking their bets at lower prices which historically have held long enough can produce a reasonable return without undue risk. I am definitely amongst this fraternity and have already started buying at various points during April when there was extreme drops and of course during May where we had more than a week of price drops that was when I was loading up. it appears that that is now making its way slowly but surely back into the news headlines. so overall if you are a new investor usedollar cost averaging to your advantage. dollar cost averaging means not committing a huge amount but bits and pieces at the right prices and holding them for the long term. I tend to be a very strong advocate of buying indexes so buying an index means that you're buying a broadly based representation of the stock market. some good examples of this would be the s&p 500 or perhaps if you are focused on technology the NASDAQ 100. good luck to all