Talk of The Villages Florida - View Single Post - Looks Like A Stock Market Correction:
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Old 08-30-2013, 04:26 PM
Villages PL Villages PL is offline
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At some point the Fed will buy LESS bonds; they won't completely stop buying bonds all at once. That means interest rates will likely go up gradually. This gradual increase in interest rates, as the economy improves, won't hurt the market long term. All the fear about interest rates and Syria is being factored in now and that makes this correction a buying oportunity, IMHO.
I've been using this correction as an oportunity to reinvest money that has accumulated from dividends. I would have reinvested it anyway but this is an oportunity to take advantage of somewhat lower pricing.