Thing is fellas, now (or in the near future when the market hit s a definitive bottom) is a great time to be buying stocks. Once the market is fixed, stable and the recession is over, people that bought good stock for cheap will make A LOT of money.
Keep your eyes open for great long-term investment opportunities. They will be abundant soon.
Stocks that were over 100+/share last year are anywhere from 10-25/share. These stocks will return to a greater value over time once the market becomes stable. Whenever that is.
I for one will be buying a stock that right now is very low compare it's high last year of 122, with quarterly earnings reports to be announced next week. I don't know what the report contains, but I can be fairly certain that it will further the negative impact of the stock and drive the price even lower due to the companies hit taken by reduced consumer activity. I will be buying next week because this company will always be in business, as the demand for their services and products will always exist.
Day-to-day trading at the moment is really shady and extremely unpredictable. The market is up 500, down 700, and up 200 from day-to-day. But long term investing opportunities are a good thing to be considering. Keep your eyes open.