Is now the time to invest?

whalewager · Feb 7, 2009

The stimulus pkg gets through next week with fat trimmed more than likely.

So, a deaf and dumb man could say that the market will take a big jump when it gets through...

So when it does pass...if the economy starts to show improvements...

could the Dow go to 10000-12000 fairly quickly?

My guess is yes...

whalewager · Feb 7, 2009

keep in mind...im trying to be optimismalist here

oldmanTED · Feb 7, 2009

No!

Although the markets may rally short term, the actual economy will not see the benefits of the stimulus package until years from now and in the near term companies will continue the layoffs in large numbers and fail as well, which will send the market lower long term.

FairWarning · Feb 7, 2009

I think it goes to 7000 before 10,000

groundhog11 · Feb 7, 2009

FairWarning said:
I think it goes to 7000 before 10,000

agree.....

Inactiongirl · Feb 7, 2009

Buy Gold!! :103631605

steaktartar · Feb 7, 2009

Timetopay said:
is that the guy you go see when you need glasses?:think2:

@)

FairWarning · Feb 7, 2009

Some of my stock is down 75-80 % ##)

quantumleap · Feb 7, 2009

In action girl said:
Buy Gold!!

I agree IAG. Or as an alternative you could buy stock in DGP which increases double to the price increase of gold.

:toast:

quantumleap · Feb 7, 2009

oldmanTED said:
No!

Although the markets may rally short term, the actual economy will not see the benefits of the stimulus package until years from now and in the near term companies will continue the layoffs in large numbers and fail as well, which will send the market lower long term.

I agree TED. The increase in the market was due to people believing that the stimulus bill will help. However, the DOW has only increased from 7800 - 8300 in its latest climb.

I remember before the TARP bill was going to pass. I thought once it passed the market would go way up. Nope. It went down. People had already invested in stocks thinking the bill would be passed and it's these investments that cause the market to go up in the weeks before the bill was passed.

SSI · Feb 7, 2009

Learn to Trade, then it makes no difference if the market goes up or down, as long as it moves.

SSI

Inactiongirl · Feb 7, 2009

quantumleap said:
I agree IAG. Or as an alternative you could buy stock in DGP which increases double to the price increase of gold.

:toast:

I just bought my first coins two weeks ago...kind of fun...I will look into that DGP also....

quantumleap · Feb 7, 2009

In action girl said:
I just bought my first coins two weeks ago...kind of fun...I will look into that DGP also....

One word of caution about DGP, it also goes down twice the rate that gold goes down.

However, I'm in it for the long-run. I believe it be higher at the end of 2009 than it is now.

Inactiongirl · Feb 7, 2009

quantumleap said:
One word of caution about DGP, it also goes down twice the rate that gold goes down.

However, I'm in it for the long-run. I believe it be higher at the end of 2009 than it is now.

Understood...Thanks for the heads up!

whalewager · Feb 7, 2009

so wait til 7000 and buy?

I DONT WANT TO MISS THE DAMN BOAT

whalewager · Feb 7, 2009

OK SAY THIS...

WHAT IF I BUY A LITTLE GOLD AND invest TOO?

quantumleap · Feb 7, 2009

whalewager said:
OK SAY THIS...

WHAT IF I BUY A LITTLE GOLD AND invest TOO?

SSI makes a good point. Learn to trade. Perhaps you want to "invest" by picking some stocks and only tracking them but not actually buying the stock. Keep track of how well you do. Read up on investing web sites.

MikeB · Feb 7, 2009

In action girl said:
Buy Gold!!

I think that percentage wise, Silver is a much better investment.

MikeB · Feb 7, 2009

quantumleap said:
SSI makes a good point. Learn to trade. Perhaps you want to "invest" by picking some stocks and only tracking them but not actually buying the stock. Keep track of how well you do. Read up on investing web sites.

........and after the stock jumps up, then buy.

I agree with Whale. I am hitting my retirement account pretty hard right now. The way I look at it is that for the long term, I am buying stock cheap.

harrington · Feb 7, 2009

oldmanTED said:
No!

Although the markets may rally short term, the actual economy will not see the benefits of the stimulus package until years from now and in the near term companies will continue the layoffs in large numbers and fail as well, which will send the market lower long term.

Bingo

Is now the time to invest?

AIG Bonus Recipient

AIG Bonus Recipient

Professional At All Times

Official Rx music critic and beer snob

Member

New member

powdered milkman

Official Rx music critic and beer snob

Oh boy!

Oh boy!

New member

New member

Oh boy!

New member

AIG Bonus Recipient

AIG Bonus Recipient

Oh boy!

Scottcarter was caught making out with Caitlin Jen

Scottcarter was caught making out with Caitlin Jen

New member

Forum statistics

Share this page