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No. of Recommendations: 2
WNYfellow,

Welcome to the Fool.

"how can you invest in the face of these messages?"

Being retired, I have time during the day to invest!

Seriously, I have owned stock since 1987. I can't even guess how many times all the "experts" have forecast "corrections", "double-dip recession", "recession next year", "recession in the last half of the year", and on and on ad nauseam. The horror stories never seem to end

Will we have a follow-on recession or a full-blown depression? I don't know. If we do, I will deal with it.

Am I going to do anything special to prepare for it? No.

I am not selling-off stock or buying into hedges.

We have sufficient cash to last more than 3 years exclusive of portfolio assets. Our portfolio produces sufficient cash for us to live on, if needed. During events like this, we live off the outside cash and let the dividends accumulate for future investment.


Does that help you?

Gene
All holdings and some statistics on my Fool profile page
http://my.fool.com/profile/gdett2/info.aspx
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