The current gold price is above $700 an ounce. It was about $250 an ounce in the year 2000. Additional Details That is an average of 40% per year increase in price....
My company is matching 3% . Im putting in 13% bgi bigpath 2030 Im 45 years old. Im using Fidelity.What is a broad based index fund? Will this add more money or will it sink? Please explain!!!...
Some guys at work are telling me that now is a better time than ever to buy certain stocks. I have no stocks and don't really know much about it. Im still young, just started my 401k, but I ...
I come across many and many so called Gurus out there trying to teach how to trade.
As we know we have unlimited access to the Internet but limited time to view every single page.
Right ...
My 401k is shrinking ever so much and I was wondering what what more profitable than a bond or CD right now? Or should I do some other form of investing?...
I would stay away from crappy stocks like FRE. Take a look at WAMU. Was trading at 1.72 Thursday now Chapter 11 and zero or close to it.
You are never going to invest at the bottom. Ladder your investments. If you have $100,000 to invest, and 50% is going to be in equities. Invest 7 or 8k per month until you reach target allocation.
I like to do GTC limit buy orders on ETF's a few percent below current prices.
Some wacco will bomb something or Wachovia files chapter 11 next week and you get filled. Good luck.
Oh and back to your question," How to profit from stock market bounce back? ?" Start shorting everything. :)
brando4755
Make sure you are in the market!
MelodyO
Keep a level head, that's the best stock market advice you can take...ever. Now is a great time to get into the market (unless you think this is the beginning of the end of the North American economy forever, and these days that doesn't seem so outlandish).
Everything is dropping like a stone right now, so pick a mutual fund that deals in US companies and put the same amount of money into it each month. If it goes down, you'll buy more units, if it goes up you'll buy less at the higher price. Then sit tight and wait and see. The last thing you want to do is buy high and sell low, so no panicking allowed. Try to keep in mind that even during the Great Depression some people made money.
beaver
be in the market but it s a big risk right now so do your home work before buying anything
Yardbird
This kind of market can't be timed. Good luck.
Chris P
Check out stocks that dropped in price like FRE and FNM. Many people made a lot of money this past week because these stocks were .25cents a share and went up past $2.00 a share in a week. This stock has dropped again to under $2.00 a share and is expected to climb in value if this bailout is approved.
Heather
Go with the financial companies and use the 2/3's rule. A stock normally recovers 2/3's off the low before falling back again. Be nimble.