The greatest investor of our age, Warren Buffet, once said “Be fearful when others are greedy, and greedy when others are fearful”.  The second half of the phrase is the one I want you to take to heart today.  Lately all you keep hearing is how bad the stock market is doing, and how bad the outlook is.  Nothing is going right, everything is terrible, etc etc.  In other words, the sky is falling. 

I say, let it fall.  The stock market is ripe with bargains right now – the time to buy is right now.  The “experts”, analysts and media are all saying sell sell sell.  Keep your head on straight, tune them out, and buy buy buy.  Do your homework ( as usual, due diligence is often the difference between a great investment and an awful one ), but buy.  Find stocks that have taken a beating undeservedly, and scoop them up.  Instead of paying $70 per share, maybe you can pick up a great stock for $50 per share.  That’s called a sale, my friends!  Once the panic is over, that great stock is likely to head north again, back to it’s true ( intrinsic ) value. 

Do your homework.  Re-check the facts to be sure.  But at the end of the day, now is the time to be greedy, and make a killing.