MsMorrisonSpeaksMoney  

Hey ladies!  Thanks for listening to some positive perspective on the markets and advice on staying the course to be eligible to reap the returns that the stock market has historically given.

I congratulated all who have not sold out of their stock mutual funds, realizing that monies invested in the stock markets are there for the medium-to-long term goods and services that we will buy as we age.

Yet I want to invite those women investors who may have sold out of their stock mutual funds or stocks to begin buying back into the markets, perhaps utilizing a strategy called Dollar Cost Averaging, which is fancy language for investing systematically into the market on different days thereby attaining different purchase prices whose average has historically been favorable to simply choosing one particular day in which to invest (or sell, for that matter).  

The main point is to think through what cash you will need in the near term, in the medium term and in the long term, and to match those time goals with the most appropriate investment types.  For example if you need to purchase goods or services within the next 2 years, those funds should be set aside in a Money Market, preferably a Government Money Market or a series of short term Certificates of Deposit.  Monies needed in 2-7 years should be invested in diversified no-load bond mutual funds, (or better yet, bond index funds) and monies need to buy goods and services in 7+ years should be invested in diversified stock index funds that historically have returned in excess of inflation.  After all, the more money we compound, the more choices we have about our own lifestyle and our own empowered retirements, not to mention our philanthropy!   

Please visit our website www.msmorrisonspeaks.com for more information and blog entries about investing and emotions.  We Can Do It Women!™