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I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.




Yes, stocks are down...a lot; but the outlook for the economy is still very bleak. There's a very real chance that stocks are going down more. Remain safe and patient. There will be lots of time to move to stocks after we get a clear signal that the economy has bottomed.

Kent @ The Financial Philosopher

@Betty: Thanks for reading! I look forward to hearing from you again...

@investor.saver: I would not be surprised if your assessment that "stocks are going down more" is correct; however, once we get a "clear signal" the economy has bottomed, it is likely that stocks will have advanced signifciantly by that time...

For example, economists just gave us a "clear signal" we are in a recession just a few weeks ago but we've been in this recession for more than a year. Signals are only "clear" long after the fact.

I agree that patience is wise but "safe" is quite a relative term...

I appreciate your input and thoughts...


This is a great blog and offers a touch of sanity. I've made lot of dumb mistakes over my 30 years of active investing. My experience has proven it is far better to get in late and get out early. The risk of loss trying to time a market bottom or top is very high and is a certain recipe for disaster. Enter the market only when the odds significantly are in your favor. Today, the odds of failure are far higher than the odds of success. Remain patient in cash. There's lots of money still to be made after that initial bounce.

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About Kent Thune

  • Kent Thune is a wealth manager, a writer and a philosopher... Read More


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  • The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.