Inukchuk wrote:That's also a possibility. Just because the market's dropped doesn't mean it's due for an immediate bounce back...
Well, anybody looking to invest right now, needn't be looking for an immediate bounce back. The payoff in the investment lies in your confidence in the market bouncing back eventually. If you feel the economy will stabilize and then thrive again like it has in the past, then you may not live through a better time to buy than the present. You may not make a ton of money in the next few months (then again, you may), and you may even lose some; but as long as you're confident in the return of the economy eventually, you can invest with confidence.
This is actually the topic of my Business Math lesson today. Blah.
exactly. even if it does drop, you just have to avoid bankruptcy. sure the short term gain may not be much, but in a few years, i dont see how it cant.
bleach168 wrote:I don't think we've hit the bottom yet.
Agreed.
StlSluggers wrote:Another fun morning so far...
How far did it fall today?
Yes doctor, I am sick. Sick of those who are spineless. Sick of those who feel self-entitled. Sick of those who are hypocrites. Yes doctor, an army is forming. Yes doctor, there will be a war. Yes doctor, there will be blood.....
StlSluggers wrote:Everything actually ended up a good amount despite the Fed not lowering their rate.
Not like they can really lower it much more anyway. Was 5 something not all that long ago and now at 2 on the dot.
Glad to hear about the rebound though. Seems a lot of people figured after yesterday, now was the time to buy.
Yes doctor, I am sick. Sick of those who are spineless. Sick of those who feel self-entitled. Sick of those who are hypocrites. Yes doctor, an army is forming. Yes doctor, there will be a war. Yes doctor, there will be blood.....
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by StlSluggers » Tue Sep 16, 2008 9:55 am 
