The Market is Down way Down... Should I pull all of my $ from the 401K.... NO, I'm bargain shopping.
Today I scaped together what little money I could find to buy a few shares of an S&P 500 ETF index fund. Specifically Rydex S&P 500(RPV). The S&P 500 is down 16% for the year. On average (except for this year) is has gone up 8 - 10% a year. Unless you think that our country will totally collapse it is going to go back up. I would not be suprised if the stock market continues to go down, even for a few months, but at this level the S&P 500 is "cheap".
