Top_scorah19
Member
Looks like we're slowly creeping out of recession.Do you guys think its time to buy now? Or will shares dip again?:dunno:
Markets on 6 day high...
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DeathFromAbove
New member
i've been on a seven day high, personally.
patrickd_21
New member
^^^lol
DivImport
New member
Many different opinions out there.
1. No, Investors that held to their portfolio and lost over 50% are trying to recuperate half of their losses and then dump all their stocks and move into liquidites/bonds as they're the only safe investment at the moment.
2. Yes, positive results from banks, lower than expected unemployee numbers, etc seems to be stirring up sideline money. If anything this one week rally is proof that there is still major money waiting on the sidelines for a positive turn in the economy.
1. No, Investors that held to their portfolio and lost over 50% are trying to recuperate half of their losses and then dump all their stocks and move into liquidites/bonds as they're the only safe investment at the moment.
2. Yes, positive results from banks, lower than expected unemployee numbers, etc seems to be stirring up sideline money. If anything this one week rally is proof that there is still major money waiting on the sidelines for a positive turn in the economy.
Melon d'eau
New member
put everything on Citigroup
Top_scorah19
Member
What do you think about LUN.TO for longterm?
DivImport
New member
Penny stocks run a much higher risk on running your investment into the ground.
I like POT, SIMO, NMM, EXPD for day trading.
I would not "invest" in these current times, it is way too volatile and it'd be foolish to make bets as to where and when we will reach a bottom.
Either learn or find a truthful broker to daytrade for you or stick to bonds/cash short term and be ready to load the truck with cheap stocks once we reach a bottom and are on our way up.
You run too much risk to try and gauge the bottom, you're better off waiting on a clear indication of recovery and then invest, you might loose a few potential paper gains but in the long run you'll have been exposed to less risk.
We're in a deflation cycle, this means your liquidity is fine under your matress for the next months.
I like POT, SIMO, NMM, EXPD for day trading.
I would not "invest" in these current times, it is way too volatile and it'd be foolish to make bets as to where and when we will reach a bottom.
Either learn or find a truthful broker to daytrade for you or stick to bonds/cash short term and be ready to load the truck with cheap stocks once we reach a bottom and are on our way up.
You run too much risk to try and gauge the bottom, you're better off waiting on a clear indication of recovery and then invest, you might loose a few potential paper gains but in the long run you'll have been exposed to less risk.
We're in a deflation cycle, this means your liquidity is fine under your matress for the next months.
rollingsound
Well-known member
Suckers Rally if I ever saw one (that's an expression as I haven't seen many lol)... I don't like saying that, but tis sooo true...by all means go ahead and trade this market, it's an nice opportunity for someone just playing the volatility, but if you plan on buying something for the long term...WAIT!, the downside risk right now is much higher than what small gains you might miss by waiting a year or so... you could still lose 50-80% of your investment, even after we've dropped 50%... don't laugh theres a closet full of shoes to drop still.. I've lost all my optimism over the past week...
Melon d'eau
New member
you would have made a killing on citigroup if you listened to me.
Fuzz
Section Moderator
NOW is the time to put your money in the market.
Seriously, If your in your twenties, it is the PERFECT TIME. If your young, and you have money that you want to invest for your FUTURE (like 30 years) then by all means put it in the market. Who cares if it goes down a little bit more, it doesn't matter... this is money were talking about for 20 years from now.
Send a PM To DRock.
I'm putting more money into mutual funds this year than I have in years past.
Seriously, If your in your twenties, it is the PERFECT TIME. If your young, and you have money that you want to invest for your FUTURE (like 30 years) then by all means put it in the market. Who cares if it goes down a little bit more, it doesn't matter... this is money were talking about for 20 years from now.
Send a PM To DRock.
I'm putting more money into mutual funds this year than I have in years past.
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