P1 Enthusiast

Mmmm saw programme last night on pension companies will sell around 3k forcing a spiral death loop.

So should i be getting some spare cash out to invest in shares for 3 yr period around now? Will this be a good time to take advantage of a cheap share market or would i be better taking out a share ISA (which might be using my cash to cover some of their recent losses or?) - what ya think?

ariel

Was wondering that myself. Maybe catch the rebound to make up some of my losses,

merkin

theres a great saying in the city

"never try and catch a falling knife" (especially not a buttered one)

Its better to miss the 1st 10% of a rally and know the mkt has changed, than try and pre-empt it and lose 30%

However, if you are in it for the long term then personally i think now is an excellent time to buy

[/alvin]