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stay liquid boys |
Good time to buy in or wait a few more days? I bought in last friday, but still have some cash |
unless you're talking about gold, its a terrible time to buy in. shit storm is still happening.. wait until the dust settles a bit. |
^Okie doke, will keep an eye on some stocks for now then |
Agree. I am getting prepared to jump. Look at it this way... everything is on sale at least 10% compared to two weeks ago. |
I think the key is volume... now we are having a stock market that crashes with unusual level of volumes... when the volume starts to ease off, it should be a sign that the whole thing is settling down. |
for those of you that don't know, we actually have a huge dedicated stock market thread, might be a good time to all chime in with input for good buys in the coming days http://www.revscene.net/forums/37482...hread-195.html |
I already invested 2k into ammunition. I am pretty happy with the investment. |
Buy low sell high. Thats the most basic investing principle. Gold is basically at an all time high. Stocks prices are tumbling. Now what should you be buying gold or stocks. |
I hope nobody listened to you when you might have said the same thing about gold 10 years ago. |
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In the 90's everyone was saying Tech!!! Tech!!! Tech!!! Give me one good reason why Apple stocks are going down in price when they are making huge profits? How high do you thing gold prices will go? Sooner or later it will have to stop going up because people will just not be able to afford it. |
apple stocks arent really going down at all. take a look at the 5yr chart. it only dips when the whole economy is in recession. dips at the end of 2008, and again just this month gold will continue to climb. who knows how fast, but 2000/oz in the next 6 months would not surprise me. /shrugs |
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And you buy at the dips. Apples 52 week high is $404.50. Right now it's $353.21. I don't think it's on a permanent slide. Exxon is also down $18 from it's 52 week high. Both solid companies. |
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The_Biggest_Holders_of_US_Government_Debt |
^^ I have to disagree. you can't wait for a recession every time you buy a stock. |
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This discussion kind of reminds me of a conversation by goth kids. "I'm a non-conformist." "Yeah, well I'm more nonconformist than you!" "I'm so nonconformist, I'm gonna conform." The issue with stock investing is doing what everyone else does, but doing it before anyone else realizes it's a good idea. This often means acting without full or even sufficient information (unless you are a professional investor) and hoping that it works out. Don't buy stocks because they're cheap. Buy them because they will perform well in the future relative to what you are paying for them. And if you're planning on selling them in order to cash in, make sure that you're gonna have a wide window for sales. |
i was gonna jump into gold when it went down to 1485..but didnt ,, i bought some at 1650... holding for a long time... once euro zone countries start defaulting. (and they will,just matter of time) watch gold jump.. markets are very volatile, people buy gold due to stability. |
i bought 5 oz at around 850$ sold 4 at about 1300 now im face palming |
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If you were to buy Google when it came out at $100/share, it climbed to $200. you doubled your money, you sold it to some other guy who bought it at $200, the stock kept going up to $700before it started to drop. . ., if he sold it then, he would have made much money money than you. Theres also examples of a people buying a certain stock because they thought the price was "low" or the stock was "cheap". sometimes the stock prices are low for a reason. and these companies stock kept going lower and lower. You don't buy low, sell high. you buy stocks to sell at a higher price - or their dividends. low and high is all relative and subjective. one can say you can buy high, sell higher. the person that sold google at $200 may think it was high, but the person who bought google at $200 might have said it was "cheap". |
:D |
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If a economic collapse occurs, what can we do here to minimize the effects for ourselves and our family? |
get out of debt |
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