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osmoticdespair
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Posted at 6:37 am on Oct. 16, 2008 |
Invest for the longterm. Invest in companies who you know are sound and like what they are doing rather than companies which seem to be likely to do well on the stockmarket specifically. |
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Hi Carie
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Posted at 10:47 pm on Oct. 15, 2008 |
Quote: from shadowpool at 12:29 am on Oct. 16, 2008
If you can't afford to lose all the money you invest, it's probably not a good idea to invest it. Also, things are so volatile and uncertain lately, we have to really resist panic and emotions. There's lots of money to be made (and lost) off these huge movements on the markets. I don't have confidence in any stocks right now. The way things are going, anything can go to 0 tomorrow. "Too big to fail" doesn't seem to apply these days. The best I can do is look at the bigger trends. My plan is to buy put options on the expensive clothing stores and expensive restaurant chains which are sure to lose value in the coming months as people feel the squeeze. There's no where to go but down for these companies. So which market are you investing in? Stocks? Options? Mutual fund? 
I opened a mutual fund account about 6 months ago. and I have recently done a bit of minor minor teensy investing in stocks..but I am thinking about doing a bit more. Not sure though. it seems like such a gamble. |
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shadowpool
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Posted at 10:29 pm on Oct. 15, 2008 |
| If you can't afford to lose all the money you invest, it's probably not a good idea to invest it. Also, things are so volatile and uncertain lately, we have to really resist panic and emotions. There's lots of money to be made (and lost) off these huge movements on the markets. I don't have confidence in any stocks right now. The way things are going, anything can go to 0 tomorrow. "Too big to fail" doesn't seem to apply these days. The best I can do is look at the bigger trends. My plan is to buy put options on the expensive clothing stores and expensive restaurant chains which are sure to lose value in the coming months as people feel the squeeze. There's no where to go but down for these companies. So which market are you investing in? Stocks? Options? Mutual fund? |
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CarolineLouise
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Posted at 10:09 pm on Oct. 15, 2008 |
Quote: from reev at 12:05 am on Oct. 16, 2008
lolbyebye$$$$
Mmhmm |
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HuffleHaire
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Posted at 10:08 pm on Oct. 15, 2008 |
| Keep your monyes. |
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Joep0113
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Posted at 10:06 pm on Oct. 15, 2008 |
| meh i bought 100 shares of GM when it was at $4.19 per. If it gets back up to its regular price of $48-$49 ill get like $4800 back. Just don't go crazy and invest in stock that might go under. GM's to big for the US Gov to let go under...i hope :P This is a really good time to buy stock though... |
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reev
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Posted at 10:05 pm on Oct. 15, 2008 |
| lolbyebye$$$$ |
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