Time to Start Buying

The market has lost so much of its value over the past 12 months that there are many stocks and mutual funds out there that can and will provide good returns over the next few years. If you have gotten out of the stock market and put your money into savings accounts or money market accounts now might be the time to pull the trigger and start investing in the stock market again. Of course you need to be patient. You probably will not see 20-30% gains in one year, but over the long term you will see much better returns than you will see in savings accounts.

I am sure you have heard that before. Maybe you were burnt too bad by this last downturn to put your money back in the market. Don’t be too cautious. If you are not retiring in the next 10 years you will be better off having a good portion of your money in the stock market. Now you don’t just want to start buying any mutual fund or stock out there. You want to have a plan. Get in touch with one of your local financial planners to set up an investment plan for yourself.

If you do not know of a financial planner or advisor check out one of these companies:
www.ameriprise.com
www.oppenheimerfunds.com
www.wachovia.com

There are a number of excellent companies out there that can help you put together a plan for your investments. The market is starting to bottom out and now, more than any time over the past 20 years is the time to start buying.

The same holds true for housing. If you have been on the fence about buying a home lately, then you need to seriously consider finding a home to purchase now. Rates are low and so are home prices. That does not happen too often so take advantage.

Check out www.thebriteway.com for your mortgage needs.

Enjoy your Tuesday!