These last few weeks have been very challenging to say the least. The economy of our Great Nation has been shaken and the Federal government has had to step in to bail out our financial markets for the first time since the Great Depression. Yes, the short-term outlook for our economy is bleak. However, it is often in these circumstances where those who keep their wits about them generate the greatest long-term returns. At Wiser Wealth Management, Inc. it is our philosophy to stay focused and invested for the long run, and we are taking advantage of this current situation to position our clients portfolios for long-term gain.
We are not the only ones who are making the most of the current opportunity. The following article is an Op-ed piece written for the New York Times by the “Oracle of Omaha” (Warren Buffett), in which he discusses his view of the current market.
This certainly would seem to be a good time to buy if you have a long-term view like Warren Buffett – he has said however that he thinks the recession will be long.