Hi everyone
I have been reading all of these post with great interest. I have no experience in Financial / Investment issues. I have 10k in the BOI Evergreen fund (Now worth just over 6k) I am reading, with interest, all of these postings about people wanting to leave the fund etc and it's not something that appeals to me. I bought into the fund at a high price and do not want to sell at a low price.
However, I would like to know what would be the first indications of an upswing. I've read the postings about financial meltdowns and doomsday scenarios but I do know, from my basic economic knowledge that the upswing will happen. I am looking for the first indications and what to expect. I have read that to be ideally placed to benefit most from an upswing I should be in the market two quarters before it happens.
What should I look for ?. How would I measure economic confidence ? etc
I have been reading all of these post with great interest. I have no experience in Financial / Investment issues. I have 10k in the BOI Evergreen fund (Now worth just over 6k) I am reading, with interest, all of these postings about people wanting to leave the fund etc and it's not something that appeals to me. I bought into the fund at a high price and do not want to sell at a low price.
However, I would like to know what would be the first indications of an upswing. I've read the postings about financial meltdowns and doomsday scenarios but I do know, from my basic economic knowledge that the upswing will happen. I am looking for the first indications and what to expect. I have read that to be ideally placed to benefit most from an upswing I should be in the market two quarters before it happens.
What should I look for ?. How would I measure economic confidence ? etc