Mel M
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This is a tough question. It depends on when you think you'll need this money. If it is soon, you may want to consider making a change now. If it is a long-term investment, like for retirement or something that is more than 10 or more years away, the financial experts are all saying to leave the funds alone...you don't want to make the fundamental mistake of the stock market where you buy at high prices and sell at low prices.
Hope this helps. Good luck! |
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v b
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Buy high, sell low isn't a sound plan. |
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Great Daddy
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NO If you sell now you will lose money,But If you are in for a long term your money will double in 10 years or so |
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scullycj
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well, How much do you have?
I'd wait until the market come back. to do anything.. I'd probably be buying stock like a crack addict, the Price is Cheep and it will come back
Buy Low Sell High |
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working mom
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If you will retire, send a kid to college, or make a major purchase that requires the funds in the next 3-5 years then maybe you should. Otherwise leave it alone if you have it in solid investments so it can grow-the market will adjust over time. You have to ride it out. Not saying it won't be painful for a bit, but as housing prices level out to more realistic state, the foreclosure rates level off, and the economy goes back to a new normal things will work out. |
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sandy
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if u r having any holdings sell them and keep quite untill market falls more and then invest for alongterm |
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Hank
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The age old wisdom of the stock market still holds true, "Buy low, sell high". You will be doing nothing but the opposite if you sell now at the market's bottom. Stay invested. |
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cimmoron
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What I do is buy stocks until I can sell enough to get my investment back and then what I have left is free to me so I don't worry about the values, up or down. So what is in there is essentially gambling money and if I lost it all I still wouldn't kill myself. With all the splits I have 8cents per share in Microsoft so that makes me pretty happy, that is a good return!
Someone asked Al Capone, the Chicago gangster, "do you have any money in the market, Mr.Capone?" and he answered "hell no, they are a bunch of crooks!" |
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M S
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if you are not going to retire in the next year then you should keep it in there cause if you take it out then you loose all the money that you made and you will not get it back, if you keep it in then it will eventually go back up and back to normal so keep it in, actually at this point you should be buying stock cause it is cheap and it can only go up soon then you will be making money:) |
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Jim E
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Bit more info please. |
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Acheron Hades
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Depends on what you are looking for. I would say no though.
If you want (or need) a very short term reward then take your money out. However, in the long run this is not a good decision.
The mantra goes, Buy cheap, Sell high. Personally I am buying a lot of stocks right now. There are some stocks you may want to avoid (obviously credit companies, and also for example automobiles that people may not be able to get loans to buy) but in general now is the time to buy. In fact, if you are looking for a bit of risk companies like AIG have very undervalued stocks right now. Even if they may be somewhat unsturdy, AIG has hundreds of billions of value and the prices it has been at recently are absurd.
I am talking about long term though. If you buy now you should see returns in the next five years that are very impressive. In the short term it may be a bit ugly.
In other words I am just advocating what I would always advocate to anyone in stocks: Patience, Patience, Patience. Weather the storm and you will get returns. |
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Master Blaster
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Yes, if you know what's good for you, you should. |
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Dad's found yer scoo'er
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Should have last week but the sooner the better. |
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