do you think now is the worst time in history to be investing?
Stock market close to all time highs, prospects not good ... Oil/metals / soft commodities at record highs Am I just being pessimistic, I mean people in 1986 may have been thinking the same thing. Is it just the unknown being risky, or is the worst time in history to be investing, seems like financial armagedon could be upon us
Public Comments
- Negative...1929 was the worst time.
- Absolutely not! When the local grocery chain puts your favorite food on sale do you stock up? If the price of gas were to fall 10% would you buy more? When you receive a coupon for a 2 for 1 special at a restaurant is it the worst time in history to go to dinner? My guess is the answer to those questions is "no". In my mind, the answer to your question is also "no". When stocks go "on sale" it is a great time to buy. Will they drop again? Perhaps. And if you are a day trader with an open position that may be a bad thing. If you are a long term stock/mutual fund investor it doe not make much difference. I have included a historical chart of the Dow Jones Industrial Average. It has a lot of ups and downs but over all the trend has always been upwards. If you have the money, educate yourself and invest! http://finance.yahoo.com/q/bc?s=%5EDJI&t=my&l=on&z=m&q=l&c=
- It aint a good time!
- Hardly. It might be the BEST time to invest. Buy when prices are low. The trick is, however, will they go lower? If prices are high in the market, sell short futures! So when they drop, you make money. The trick is to know when the curve hits.
- gold the best option at the moment.
- No not at all..... Buy stocks at the bear and then sell them at the bull!!!
- No, apparently you do, and that's why you're missing out on many good investments. A good investor/trader, can make money in a good market and a bad market. Today's market has many good opportunities out there, you just have to look for them. When people trade on emotions, they usually loose, not only their money, but on many opportunities that could be veryu beneficial for them. In 1986, my company and my customers made plenty of money, but we did not trade/invest on emotions. Since you are so pessimistic you'd be better off staying out of the market and let those that don't trade on emotions make money and take advantage of the many opportunities.
- right now is the best time to invest. The market is on sale you can get more for your hard earned dollars now.
- I doubt it is the worst time in history, but it is most certainly very difficult. Things are changing so quickly and in ways unexpected. China, Inflation, house prices, oil, new technology, credit crunch... it could go either way
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