I just wish I had sold out when others were fearful, one, three, six ,nine or twelve months ago .
Lifted from Kitco Forums:
"Just remember, Buffett himself has stated that while he has not often been wrong, he has often been quite early. Imagine if he's 1 year early in his reinvestment in America. I'm sure he'll recover just fine... but how would you or I?
Therefore, make sure you only invest what you're willing to lose... and don't think you can fight a trend. if you buy on a major downtrend like now.. expect it to go down further."
If Mr Boeing would design sleek new Time Machine how many of us would at last act upon our fear and buy "Day Return" tickets to one year ago and do a few quick transactions?
At least we are still here in 23 October 2008, no ticket required.