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emma123
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Time to buy stocks?

submitted on January 30, 2009 by emma123 in "Member's Lounge"
Who all invest in Share Mkt?.
Is it the time to buy BofA share?
 

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  • 15487
    JackBauer
    admin
    Posted by JackBauer on January 30, 2009 [reply] 0 0
    investing in banking is very very risky right now.
  • 15495
    YanBz
    admin
    Posted by YanBz on January 30, 2009 [reply] 0 0
    Stock market needs to bottom out and it is not clear how long it will take. By the way, here is a good article about investing in gold
    http://online.wsj.com/article/.....13125.html
      15645
    • phunkeey
      teacher
      Posted by phunkeey on February 3, 2009 [reply] 0 0
      If gold was such a great investment wouldn't the people hawking it just keep buying it up? I'm skeptical.
  • 15496
    YanBz
    admin
    Posted by YanBz on January 30, 2009 [reply] 0 0
    I edited the OP title slightly
  • 15682
    MikeG
    learner
    Posted by MikeG on February 3, 2009 [reply] 0 0
    I'm still a believer of buy and hold. If you pick a company with a good balance sheet (strong fundamentals), you don't really have to "pick a bottom." That being said, unless you want something to talk about at parties, most people are better putting their money a no fee index fund. Even the best "pros" can't beat a market index fund over an extended period of time.

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