Invest in the stock market again: Consumer Sundays
With the stock market up 30 percent compared to its lows earlier this year, more investors are wondering whether it's time to invest in stocks again, wrote personal finance columnist Eileen Ambrose in her Sunday column.
But that's the wrong question, she says ...
... because you shouldn't try to "time the market." It's too unpredictable. While it might be up now, it could be back down in a few weeks.
Instead, decide whether you can handle that level of volatility with your hard-earned cash. If seeing red ink on your balance statements upsets you, choose something more conservative. However, younger investors saving for retirement can take advantage of the swings because they're not going to cash in for a long period of time, advisors suggest.
Are you risk-averse or a nervous nellie? What percentages have worked for you?
