Word: stockmarket
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Dates: during 2001-2001
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Myth number one: Now is not a good time to invest. We're not in a recession, but if everyone is acting as if we are, that opens up great opportunities in the stockmarket. With the NASDAQ trading at just over 2000 right now, bargains abound. In fact, buying growth stocks at the bottom of an economic cycle is one of the best time-tested methods for beating the market. The legendary investor Warren Buffett, speaking to Fortune magazine during the deep recession of 1974, told stunned interviewers that he was buying every solid company in sight. "I feel like...