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I just bought insurance stocks last friday. First time since 3 years I bought stocks again.
Here's my plan:
If the market drops another 25 %, I will buy more. Drops another 20-30 % from that? Will buy even more. Lots of cash on hand. Never buy loads of stocks on one day with 100 % of your cash.
Look people, it's a bear market since March 2000. Now it's time to collect solid stocks with the averaging technique. This bearish market might very well continue another couple years. But who cares? I know 100 % I will double my cash within 5-7 years.
I bought AOL in 1997, sold in 1999. 18-folded! HAHHAHAAH I LOVE STOCKS!
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