icon

It's been a couple of weeks since I've posted on the Stock House while I've been busy with the other blogs, but I've also been taking advantage of the market that had the DOW below 8,000 for a little while.

It's simply amazing to me how many people are selling into this market at a loss, and it's amazing to me how many people in their 20s, 30s and 40s are eyeballing their 401K balances on a daily basis. There's even some out there that have even stopped contributing into their 401Ks, because they're afraid. I'd understand if they couldn't afford to buy now, but if people are waiting for a rebound to buy back in, they'll end up missing out on some gains when the time comes for the rebound. Chasing the market is not a recipe for successful investing; being in the market before it runs is the correct option.

Now is the time to be throwing money at the 401K, not clicking refresh on the computer screen and eyeballing the balance every hour.

When the market was at record highs last year, that was the time that I quit contributing to the 401K, because I figured the market was due to correct, just as I thought the housing market would have to come back down to earth. Since the market dropped, I've been pumping money back into the 401K.

But enough about the 401K, here's a few stock prices that I could not resist over the past few weeks:

Read more