After today’s news about Citigroup, we may see some optimism in the market that could cause as much as a 15% bump. I wouldn’t go crazy about investing because you will still likely see an up and down market for a while but small investments each quarter may be a wise choice. I wouldn’t sell your stocks at this point if you’re just tired of seeing your portfolio diminish.
Your portfolio can’t get much lower than this and the upside from the market being so oversold greatly out weighs the value of taking your money out right now. The odds are also in your favor, at this point, for a targeted new investment making you money in the long run rather than losing money. If you have extra money each month, I suggest you invest it into at least some mutual funds that were historically profitable but were hit hard by this horrible market. Just add a little bit of money each month, there is no commission fees on mutual funds, and you will eventually see a great return on your investment.
