Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
If the Dow breaks its previous high, we should actually see a nice run up in the market. The hurdle is getting past that point, which I think we will. There is a lot of money still sitting on the side lines. The Fed is keeping interest rates low for numerous years to come, so alternative investments will continue to yield low returns. I believe the worst is over in our the economy. I think Obama will win the election, so there would be little worry about political uncertainty in the market. The market recovers fast after negative news, which shows strength. With that being said, I don't think it's time to move money right now. I believe there will be a correction, but no idea when that will happen.
Beware of speculation, as no one can accurately predict the future. Stocks are shares of a business and will ultimately track their success long-term. But you don't have to be fully invested at all times. Invest in great companies, keep some bonds/cash on hand and if the markets depress, buy more.
With the right attitude, the stock market is there to serve you, not guide you.
I ask this because the stock market is close to record highs and we all know what that could mean.
The more important issue is that the whole financial system could be crashed by the elites at any time. If that happens, it won't matter where you have your money.
The more important issue is that the whole financial system could be crashed by the elites at any time. If that happens, it won't matter where you have your money.
i dont think so , the fed has more or less wrote a blank cheque that should keep a floor under the market , todays sell off represents a buying opportunity IMO
On the one hand, the market is the highest it's been in the past 4 years. On the other hand, there is a lot of cash sitting in the sidelines waiting to be invested once the economy picks up.
Hard to tell what will happen. I'm staying invested in stocks, but I haven't bought any (outside 401k and IRA) in the past few years. So I am ready to buy more if the market crashes. So my answer is yes and no.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
