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Anyways, I have around 2 grand that is just kinda sitting in my bank account and I ... |
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1.I need to know which one is better to invest our money to get good returns.... |
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Brian S | Is there any reason to think about taking my money out of the stock market right now? |
I'm thinking it might be a bird in the hand type thing if I take it out now. If the market crashes, I dont want to loose what I've got. If it doesn't, I'm young enough that I can always put it back in. Any thought? Thanks. |
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spirtqiq
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Ok so you have to look at it for the long term. and what will all happen.
First - let's say the stockmarket pulls threw with out much more havic. All the stocks you currently own will soon be worth double to triple what there worth now in only a short while. It's the basic stockmarket system. buy low sit on them till there high.
second - If the stockmarket were to compeletly bottom out. = 2nd great depression. This would destory everything you know and love.(besides free love). Food would cost 4x's more many of the everyday things you need to live will cost more then you can really offord. The fact of the matter is by you taking your money out of stocks you are hurting the stockmarket and being one of the many to push us in to great depression. and to top it all off. the money you pulled out is now worthless. you'll wait in line with the rest of the hobo's for bread. So pulling money out of the stockmarket is only hurting the US and your self. Do everyone a favor and keep your money in the stocks and try and pretend nothing is happening. If more people did this we would not be in the scary place were in now. |
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SmartA$$
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you say you're young. Leave it in. If the market crashes and you loose what you have, then you're young enough to recover, but if the market recovers, you'll make a lot of money. |
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jeff410
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If you're young you should be able to withstand a crash and buy more at lower prices, with dollar cost averaging. If it doesnt crash you're buying back in at higher prices. |
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GV_FINA4242
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You can do that, but if you are young enough to put it back in later I would look to invest in bargain stocks like citigroup. If you have the funds to wait five years you could see a tremendous turnaround in the banking industry. As of right now I would either stay put or look for alternative investment opportunities.
Trying to guess when the market has hit bottom to reinvest your money is not a smart choice because it will be very difficult to actual get the timing right. |
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Desk3Bound
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It's your money.
October is traditionally a shaky month for stocks.
It is never a bad thing to be out of the market. Warren Buffet gets out of the stock market when it doesn't go his way. He's gotten out three or four times in his life.
I was planning on waiting until February to go back in. But you make up your own mind with your hard earned money. Never take a tip from anybody!!!! |
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Trade
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i know what you mean the market and stocks are just going down on a daily basis ... i thought we bottomed but i guess not one things for sure stocks are cheap many opportunites out there and the bottom is just right around the corner when ? who knows? no one. |
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Jason R
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The only thing worse than being in a volatile market, is not being in a market at all.
Let that one brew, you will understand. |
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