Sep 30 2008
What Should I Do Now?
Many investors are asking the question, “What Do I Do Now?” Here are a few suggestions.
- In taxable accounts consider selling so as to take advantage of tax losses.
- Check your asset allocations and if you have available cash, consider adding to asset classes that are under-weighted. Move slowly.
- Since value stocks are already beaten down, considering adding to value ETFs first.
- Examine the StockCharts for each ETF of interest. More information is provided under Technical’s over on Premium Content. See if the ETF is priced to buy. Also, if you are a Morningstar Premium Member, check what they have to say about the ETF of interest.
- Stick with the liquid ETFs we frequently discuss on this blog. Do not chase esoteric ETFs.
Lowell Herr
Photograph: Oregon Coast – the bleak day is in keeping with the volatile market.
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