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Author: ephillipsme Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 266734  
Subject: Sitting on the sidelines for the fiscal cliff Date: 10/10/2012 11:45 AM
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I am a regular investor, I am always looking at stocks and usually make 3-4 purchases a year based on my research. I am in no rush and usually make a purchase when i find a good value stock at a reasonable price. I am currently tracking a couple and was thinking even though there appears to be a good opportunity I may wait a while until the coming fiscal cliff gets settled. This appears to be a fairly big unknown then can swing us back into a recession if not handled correctly, Am i wrong to hold on a opportunity now knowing a fairly important event is about to occur, are others in a similar situation, just wondering how this is effecting decisions,

As a side note I am not altering the amount I put away into 401k, Roth IRA, and savings, as regular investment and dollar cost average makes sense even in the face of this possible change.
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