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Monday, October 10, 2005

Personal Finance: Stocks seem less risky now than in years past

Personal Finance: Stocks seem less risky now than in years past
By JEFF BROWN/Knight Ridder Newspapers

A friend of mine who is a savvy investor once made a comment about the stock market that didn’t, at first, seem to make sense:



“If you’re not retired, you WANT the market to do badly.”

All he meant was that during the years you are plowing new money into investments, it’s best if prices are low. Yes, you want the market to boom — but not until later, after you’ve got your investments in place.

But those numbers aren’t the whole story.

Companies are about to start reporting their third-quarter results, and total earnings for the 500 companies in the S&P 500 index are expected to grow 16.2 percent over the same quarter last year, S&P said last week.

Personal Finance Stocks seem less risky


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