This may come as a surprise to no one, but Siegel is optimistic about the long-term future for investors...
Quote:
I consider that a maximum 10% downside risk. If we should have that, I think that it could be the buying opportunity of the decade for investors -- because long term, I'm bullish, and long term, I think that valuations still are very attractive.
Short term, still, it's going to be a little bit rocky until the inflation situation gets clarified; but long term, I think that it's very, very strong. So, anyone that has their stock position long term, they're going to be fine. If you have a little cash, you might decide to put some of that to work in the next couple of weeks. As stock prices decline, you might be getting some very good bargains.
|
Jeremy Siegel on Politicians, Prices and a Potential 'Buying Opportunity of the Decade' - Knowledge@Wharton
__________________
*
*
For more info see "About Me" in my profile.
|