This is an excerpt from my Dividend Machine newsletter early on May 31: I believe that Tuesday will be a great day on the market, but we could see a slight correction by week’s end.
In the past six years, June has been a down month for the S&P 500. This month could very well be down as well.
Thus, those people who need to liquidate soon for whatever reason should think of doing so in the next week or so.
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As the month progresses, stay focused for potential bargains, and be sure to read your June 2011 newsletter that offers a top-to-bottom review of the Conservative Portfolio.
Look for equities which go on sale this month. What is ironic is folks get all excited when the items usually buy at a department store get marked 15 percent to 35 percent percent But when the stock market holds a similar “sale” most investors don’t feel the same excitement. They really should.
When the markets fall, long-term investors win because their entry points are generally lower and have more upside potential.
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About the Author: Bill Spetrino
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