qanda

Q: Now that Apple is down to $450, is it time to purchase again?

 


Question: Now that Apple is down to $450, is it time to purchase again?

Answer:  What I am about to tell you is the truth, the whole truth and nothing but the truth. I know exactly what to buy, when to buy it, and when to sell it.  My problem is I don’t know what will happen after I tell you what to buy or sell. My other challenge is that I only feel confident in recommending broadly diversified asset class index funds. While I find it very comfortable to recommend asset classes (particularly low-cost index funds), I am totally out of my comfort level suggesting a good time to buy or sell individual securities. That is an exercise for speculators and traders, neither of which I could ever do with other peoples’ money.