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Suze Orman's 2009 Plan Book


Nottawayfer
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My understanding is if you have more than 10 years before you need your invested money, your money will buy more stocks right now than it ever did before. If you have the time to wait, you will be really happy you did because the price per share will increase significantly.

She also says if you need your money within 5 years, do not leave it in the stock market. This is a mistake many have made.

Edited by Nottawayfer
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She also says if you need your money within 5 years, do not leave it in the stock market. This is a mistake many have made.

That's definitely good advice, although notions of day trading just because stocks are low right now is really risky, investing in a 401k thru work with matching funds can have it's pitfalls too, and there is no guarantee that any company is going to be around in 2 years....it's going to be a bumpy ride for at least that long.  

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