Sep 5, 2008

Fritz Meyer: Buy "when the news flow is the worst"

Buy the market. You said embrace the fear. It's the toughest thing for investors to do. But for those of us who are trying to get from point A to point B, meaning retirement over a number of years, absolutely - bear markets have presented terrific buying opportunties. This bear market will prove to be no different than earlier bear markets. But, again, it means investing in stocks when the news flow is the worst. That's where I guess we are today.

~ Fritz Meyer, senior investment strategist, Invesco, as appeared on CNBC, September 5, 2008

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