What do you think about the stock market? Do you think its a good time to invest in some stocks? I was planning spending around $500 but i'm not sure. What do you think?
Wait some more time and invest if the market is not heading further south. If US law makers allow the bailout package and market respond favorably than invest.
I think wait a while, I do day trading it is to volatile at the moment I say let the stocks ride for now and trade them up as they recover ,some huge money to be made on the rebound.
I just bought $12k of shares, but those were Australian shares, I don't know if now is the right time for US shares.
I don't think its a good time to invest in the market. Markets around the world are dipping so can't really say which stocks will be good in the short or the long run.
No matter what other people say, I think that now is the right time to buy. It's pure logic that you should buy when the prices are low... and wait for them to rise.
Yeah, as long as you'll hold them for a few years now is a good time to buy. If the market drops more then tomorrow is a better day to buy, but today is still a good day.
I would say that if you have little knowledge about stocks i would stay clear at the moment,in the UK i use the CMC market platform which means that i can trade stocks/indices/forex and basic commodities and can go long or short on all of them but not the banking sector.I mainly trade cable £/$ and spx the s&p500 using there spread betting facilities which under current UK laws you do not have to pay capital gains or tax on your profits as there is a loop hole that we can use and with current volatility can be good as volitility is what you require if you day trade. Forex can be fun and once again you do have to know what you are doing,the main thing when trading regular is to use those vital stops to cut your losses to a minimum. Wish you well.
The market is touching its new lower limits daily. Today it may seem good to invest but tomorrow it would be better for investment. Wait for the market to stabilize and if you are in a hurry to invest, buy stocks in batches, say invest 25% of the allotted amount now and afterwards 25% and so on as the market moves up and down and it is a wise move because none can exactly predict the lower bottom of the stocks, imo.
Our days are the better for investing because every stocks are under the frog's ass. Just for a sample the Phylaxia is in very good price at this moment.
Bad period to invest.. you can make money if you gamble and if you follow stocks minute by minute.. there are high fluctuations during the day of 10% and more on some stocks so if you buy and sell at the right time you can make nice money but at the end of the day most stocks end lower and they probably will the coming weeks/months so as an investment in the long run you better stay out now
i was thinking of buying google stock... im not a stock person or anything but isn't it best to buy low and wait for it to go up?
@elite4life in your opening post you mentioned $500 to spend and you had been thinking about google stock. Google Price at the closing price of today you could buy just 1 share and have a few dollars left over
My share trading company at least, charges $20 per purchase, so you wouldn't really want to spend the remaining $100 on more shares for a 20% fee.
I expect we will see at least another 1000 points drop off the Dow Jones Index before we have any signs of strengthening. And even then, I am doubtful that 7500 will be the bottom, and expect that we may drop as low as 5000 points before this stops. Gret Depression 2.0 here we come!