Bargain-Hunting on Wall Street!

There's good news in the stock market -- if you're a long-term value investor (like I am)....

Tumbling stock prices is GOOD news.... It means that many stocks are now undervalued! Bargains galore! If you have money to buy stocks, now is the time to find a bargain....

I've looked briefly at a few stocks already, and without doing the full analysis yet, I'm amazed at some of the bargains out there!

I don't know what I'll be buying yet, but I'll discuss a few stocks in the weeks to come, as I do my analysis. (However, I'm not a licensed financial advisor, so don't take anything I say as investment advice!)

Remember, any time of change is always a time of opportunity.... The trick is spotting the opportunity. :)

By the way, some people think that when the stock market goes down, everyone loses money.... It's not true. I've made money in the latest tumbling markets.... A lot of my money is currently in Resmed (RMD), which I analyzed and bought in July 2000.... As you can see if you look it up on a service like www.stocksheet.com , Resmed has almost doubled in price since I bought it....

(I try to follow Warren Buffett-style investment methods, as he has arguably the best long-term track record in the business....)

- Dien Rice

I just read that Warren Buffett's company, Berkshire Hathaway, made money in the latest tech crash too.... Not everyone lost from the tech crash, many value investors made some of their best gains....

Warren Buffett is famous for investing in low-tech industries which he understands....

My favorite quote from Buffett is this....

"I will tell you now that we have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement."

Click on the link below to read the full article....

I'll be commenting on some possible bargains in the weeks to come.... :)




Recent article on Warren Buffett.....