Monday, October 13, 2008

Don't rush into markets briefly heading up

Financial markets overnight in Europe and Asia rallied after weekend action by the Federal Reserve here at home and in two other nations to boost capital in prominent banks. And that has sent stock futures in this nation soaring.

But don't be fooled. One or two days will not constitute a trend. The bad news from depressed activity in the economy will continue to come in the weeks ahead. Today and tomorrow will only be a respite in an ongoing virus.

Be patient. Don't rush into the markets with your money. Instead, rush over to a certified financial planner and start putting together a plan that will make you ready to invest in the new year.

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