Is now the time to invest?

[whalewager]

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]

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

 

[oldmanTED]

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]

I think it goes to 7000 before 10,000

 

[groundhog11]

I think it goes to 7000 before 10,000

agree.....

 

[Inactiongirl]

Buy Gold!!

 

[steaktartar]

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

@)

 

[FairWarning]

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

 

[quantumleap]

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]

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]

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

SSI

 

[Inactiongirl]

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]

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]

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]

so wait til 7000 and buy?

I DONT WANT TO MISS THE DAMN BOAT

 

[whalewager]

OK SAY THIS...


WHAT IF I BUY A LITTLE GOLD AND invest TOO?

 

[quantumleap]

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]

Buy Gold!!

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

 

[MikeB]

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]

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