Market hasn't bottomed out yet. I said 3 years ago it was overinflated and would be down to 7500. (Not to pat myself on the back, but also told my associates about the mortgage issues we currently face). Having had hit 7500 Thursday, now I se 6000-6500 as the bottom number. Its ugly out there. Cash is king. Commercial paper for me, heddging with bonds.
Sell Hi-Fi and invest in stock market?
Should i sell my expensive gear and put the money in the stock market? Hopefully I could get a large gain and buy better equipment down the road. Anybody doing this?