Stock Markets Exposed
I invested in the US stock market, Should i leave it, or Stay in it.?
The US market is now kinda scary , Jumping up and down, All the profits i have made for 2006 are now gone and i am in the negative. Should i exit the market or there is still a potential profit in the near future? I invested in these symbols Tie MDTL PGS
Public Comments
- when u had bought it, u better stay. hopefully what u bought is not a junk company.since it might keep dropping. for example company stock that u bought are pets.com,webvan, buy.com. but if what u bought is ibm stock,or general electric stock,even it is down now coz economic downturn,soon it will rise again.
- Depends on your investments. Are they Blue Chip or penny stocks? Were you being speculative or conservative? If you took blue chips, most likely they will turn around. My suggestion would be to invest in mutual funds rather than individual issues if you are wary. The US stock market won't be any different from any other market, they all have volatility and can change direction at any time. Stay the course but do it wisely.
- You are aware you can lose money in the Stock Market, right? If you want to recover your losses you can drop me a line. Top 3 Answerer in Business & Finance. (Vote for me)
