First of all how is it possible that everybody can just sell their stocks at the same time?
Who is buying them?, when they know that they will probably drop even further or are worthless ...
I am 21... should I keep my money in the stock market i have about 70k in value now.. (but i have lost about 30K) My question is should I take the money out and put into cds... Bc of the way the ...
I'm over 40 and have just gotten rid of all my debt except for my house. I'm finally in a position to start saving for my retirement (better late than never). I have money to turbo ...
Or would i be better off investing my money in aluminum cans?
Seriously- all joking aside it cant get much lower than what its at now without the company folding. Whats the chances in GM turning ...
this is not the place to ask. you should ask a professional about investment choices. for example, a bank will have financial advisers who can guide you through the process.
as for the nature of the investment, it highly depends on the risk you are willing to take. the higher the return the higher the risk.
and don't believe anyone who promise you very high returns.
Benny D
I say diversify into different vechiles. Maybe spread it out evenly over 8-10 differeent investments. This will minimize your risk.
rite454
In countries like Germany, Japan, Switzerland,Australia,etc. Utility's gold, silver energy. Nothing in US dollars the dollar will collapse in the near future and that money would be wiped out.
AbercrombieZombie
Invest it in stock, or just out it in an account that gains interest.
that dude
I am not sure how you would go about doing this, but in the U.S. you could buy a "CD" (cash deposit) in a bank that usually has around a 5% profit.
daddylonglegs2003
mail it to me - I'll keep it safe and sound....I promise.
Dimitri
im a pro trader trade it get 1% a day for 100 days a year for a few years your a mulri millionaire then invest it safly you have to get rich in order to invest