A time to invest

Scanning through the news papers this weekend, the common theme was that investors were panicking and exiting the share market much against the advice of the investment advisors.

I guess that at any point in time, you should not invest your bread & butter money. As long as you invest amounts that you can afford to lose, you get the fortitude that enables you to wait out the lows in the market and then be richly rewarded when the markets come back up again.

At times when the market is doing well, every one recognizes that you should buy low and sell high, people remember the positives of systematic investment and asset allocation. Most also talk about keeping the long term trends in mind and not to be distracted by the short term noise in the market. However if one were to invest more than what they can afford to lose, all the accumulated wisdom flies out of the window as soon as market turbulence makes its appearance.

I am pretty convinced that, now is the time to buy in a systematic manner with a focus  on beaten down Blue chips to reap a good reward probably after the middle of 2009! Happy hunting and of course, chins up!!