It is JonBon’s Money birthday. Ok so maybe I am a few days late, it’s a website so it wont be offended that I am a little belated
Looking back it has been one heck of a year for my money, and I am sure your money as well. If you owned stocks a year ago, they were probably trading at about double of what they are now, you still had a realistic shot at selling your house, and you did not know who Bernie Madoff was.
Now of course things are very different. We are experience one of the worst recessions since WWII. One thing to remember what goes down, must come up.
If you’re willing to accept a little risk, and don’t need the cash for at least a few years it has to be the perfect time to invest in stocks. Buy low sell high right? Well everything is half off! It’s a buy one get one free sale at the New York Stock Exchange! If you could get a $1000 TV for 500 bucks would you buy it? I would.
Cool! Congratulations.