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Message: [QUOTE="Towney007, post: 3550538, member: 5832"] Yes and no. I think it's a great buyer's market so long as you're really good at just sticking to really, really basic, fundamental investing strategies. It's not the time to take a on a lot of risk - but it's def. time to pick up long-term growth stocks that are underperforming. Low volatility, high yield ETF's, lower priced oil stocks - they're going to be great buys even if they're down over the next 2-3 years. I found one ETF that trades normally at $29-$30 at $5 and rapidly climbing the last month w. a 7% dividend and a P/E at like 3. Even in the worst case scenario, it's *five dollars a share*. I'm staying away from risky stuff in tech outside of mobile gaming. It's growth potential is huge and it's cheap to produce, affordable entertainment. I think there's 1,000% a ceiling on it, but if people want to buy stonks - those are fairly safe bets and still cheap to get into (I'm up 64.38% on GLUU at $9.42 a share and I'm up 8.2% on ZYNGA at $7.76 per share) and growing in a big market. And even if they don't, they're not stocks that are expensive enough to soil your pants. And it's super lame - but i'm sticking to the old Warren Buffett model and that's it: -Stock has to be stable/understandable -Good long-term prospects (will it be around in 20 years)? -Good leadership (esp. w/ regards to how they manage debt) -Currently undervalued. Keep the P/E below 10. Deep the P/BV under 1. Make sure they quarterly have more revenue than liabilities and *in most cases* - it's going to be a safe investment regardless of *most* of what's going on in the marketplace. And that's really it. Just don't get too adventurous. Do your homework. And of course, do what works for you and don't overextend yourself. [/QUOTE]

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