Tuesday, February 4, 2014

Jobs Report

This upcoming jobs report is very important. If the numbers look bad with unemployment then I might have to reconsider my bullish viewpoint on the market. If okay numbers or better than expected it will just reinforce my opinion on the bullishness of this market.

This is also a good lesson to learn as an investor. One who puts money into something must always be willing to take it out or add to the investment with changing information. Otherwise you are not being diligent with your investments which could turn out badly for your retirement fund. Changing opinions on new information is a key to successful investing, you cannot remain blinded to the fact that it was a great company last year and so will continue to be this year. Things are constantly changing and new information comes out that one has to incorporate into their strategy otherwise you will either miss out on big upswings or lose on downswings.

Let's see what happens with the new information tomorrow and put it into the overall analysis. Once it is in and processed we can go ahead and make decisions regarding investments.

No comments:

Post a Comment