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 am wondering what people think about "which is the best stock trader company?" and has a low commision fee and fair prices for registration with them.
So far it's an over due correction...not a collapse.
Historically the stock market is a great investment over time.
So the younger of the boomers (age 47+/-) will feel pressure to stay with the market.
Some of the older boomers have had a great run and might want to retreat for some time. But if they are in good health and expect a long life.....they'll want to participate in the next bull market.
Dana A
I think calling it a "collapse" is a serious exaggeration. No, I don't think anyone who's been around for 1987's losses, and the dot com bust will be deterred from investing in the market for the long haul. Where else would people invest their money? CDs and bonds don't offer high returns, and we're seeing now that real estate investments are by no means bulletproof.
Dana (investor in my 40s)
Jerry
It is too late for me. I am already invested.
creek_old
this is a great question.
Historically a much less percentage of the population owns stocks. The media and financial firms have created this culture of equity and everyone seems to know that stock is the best long term investment, thus it becomes a self fulfilling process since more and more money are put to work in stock and thus higher prices. I am not sure if this is a good thing as in rule of thumb in the investment world is most people do not get it right... just look at Citi and ML.. the bankers themselves are losing huge sum of money.
So to question, I doubt the current situation will cause any change in people's behavior, but I doubt how things are in a longer term.
jeff410
It didnt keep anyone who was around in the 1987 collapse from investing. I doubt if this downturn will either.
src50
"Collapse"?? Hardly. Read your stock market history.
J J BigBalls Guy
Yes. Markets move in 80 year cycles and we are on the cusp of the '29 crash. The mere fact that no one sees a crash in spite of bank and insurer stocks doing a chart waterfall pattern that should extend out the next 18 months.
What will contribute or exascerbate the downturn?
The baby boomers are approaching redemption times, Wall streeters are far to bullish on the earnings outlook and anxiety levels as of 1-19-08 are half of what they showed in 09/87 or any of the market capitulations.