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Wednesday, March 25, 2009
No Need To Rush
The low is a fruitless discussion,according to Rich Bernstein of Bank of America Securities/Merrill Lynch.It's best to invest six months after the trough.If this is a real bull,there will be years of returns.If you miss several weeks or months,it doesn't make much difference.People shouldn't be looking at every 500 point move.If you're that worried,perhaps you shouldn't be in the market.Eighty percent of the time,waiting is better than trying to time the market,Mr.Bernstein said.
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