My stock broker said this was a great stock to buy. My question is this:Should I wait until October to buy it when the market usually drops. I'm afraid to buy it right now because it just hit a yearly high in July.Thanks!!!
Well, my sister dates a guy who used to be a stock broker and he usually bought his stocks in October because the market is usually down.My Mom went ahead and bought 12 shares of BAC at the opening bell at $81.30 a share this morning. I'm glad I held off.
This action convinces me I'm too cautious to get in front of the traffic just yet.The news is always late.
I've just been thinking of buying in recently. Glad I waited, and of course trying to figure what's going on today. Why lows in October you mentioned?
I'm buying, you should to IMHO.