Saturday, July 14, 2007

Stock Market Soared

The stock market soared these last couple days.  It's always nice to see the ol portfolio riding high, but I personally prefer things to be down for a while so as to take advantage of low prices.  I'd prefer the market to reach its peak just as I reach retirement, but of course that's not going to happen.  Dollar Cost Averaging through these years will hopefully keep things reasonable for my accounts.

There is talk that rising interest rates will keep stock prices in check.  You know, the classic Hank William's song that tells us..."interest is up and the stock markets down and you only get mugged when you go downtown...a country boy can survive".

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