with the market in a mess and down is anyone actually buying stock now?

[Razorguns]

Unless you know inside information others dont, or know what you're doing (like REALLY know what you're doign) stay away from gambling, i mean, ahem, stocks.

Stick to your day job and providing for your family. Too bad many people didn't take this advice in the past 2 booms.

r

 

[stephen4327]

yes! now is the time to buy

 

[dabuffguy]

dabuff i commend u i shoulda sold appl when it was at like 130 but noooooooooooo , someone had to be a bit greedy!

Gotta keep your eye out day to day on this shit. Today's market is a roller coaster. Get it down, and sell it high for even 2-3% return daily. Why the hell not? 2-3% everyday is making a killing. Yeah, I have lost some days, but if I win 80% of the time at 2% every day, I'm making good money. If it goes down, wait til it comes back up.


Just be careful and wise with your investments and you should make a fortune in this market long term. I only wish I had more money to invest for long term becuase I'd rather retire at 50 than work for someone else til I'm 62.


Honestly, Jim Cramer's Mad Money show is kick-ass. His advice is usually dead on. Just don't follow it blindly. Anyone with half a brain and cares half a shit about their financial status(as far as being financially sound) can make money in the stock market.

 

[AAP]

There are many many stocks out now that are dirt cheap and will net 3-5x return

well list them.

 

[dabuffguy]

well list them.

Specific names? Won't do that.


But, like I said, I bought apple. Appple is consumer driven, and inspite of the economic turmoil, apple has managed to do pretty well. Apple is something to look at. It was at 88 when I bought, and hit about 110 in 2 days. that was a good day for me it's at 95 right now. Apple was as high as 200 before the market took a crap. I suspect it will return to a much higher share price over time.

Consumer driven markets:

Auto industry. Be careful, but some are worthwhile.

Audio companies that supply to the auto industry have taken hits, but will always be around. They are good long term investments. Look at the big names. They are way down, and will go way up once the auto industry is back on track.

 

[SpyWizard]

many here anyway are putting risk capital into angle rounds for startups promising "green" technologies..

that's in this area anyway..

 

[digimon7068]

ge, kinder morgan, corning, fed ex, pfizer, valero, ishares (s&p 500 and morningstar indexes). . .

 

[dabuffguy]

ge, kinder morgan, corning, fed ex, pfizer, valero, ishares (s&p 500 and morningstar indexes). . .

GE is having a great day especially after such a shitty week last week.

 

[manny78]

No thanks. Sold all my Google I had about a year ago and that was by far my best move. I have government bonds (at 4.5%) and thats enough for me.

 

[digimon7068]

GE is having a great day especially after such a shitty week last week.

i bought stuff that i plan to keep for the next 20 years. . .good, dividend-paying stocks. . .at (hopefully) bargain-basement prices. . .