Are you knowledgeable about the stock market?
By Amy
@artemis432 (7474)
Abernathy, Texas
January 9, 2008 12:49am CST
I'm not, but these days I know what I would want to invest in - gold. How about you are you knowledgable? Do you know what you'd like to - or what you do invest in?
8 responses
@tutul0045 (2630)
• India
3 Jul 08
Hi there,
Wlll iam a new bie too in the world of stock market. These dasy the market is quite volatile. Yesterday sensex ( Indian Stock market ) gained around 600 pints and today morning we say maket going down by 500 points. Its a very risky stage really to invest in.
I think u r going towards the right direction. Investing in Gold can be very fruitfull. i saw one article in the paper about the maximum growth in the one last year which commodity has made. And it was none other than Gold- it gives good returns.
Well if u have good holding capacity then i think its the best thing to buy in the market. Secondly i would say never invest the money which u need for your basic neccesities. Always invest from your surplus and u will surely gain.
Cheers and Good luck,
Tutul
@artemis432 (7474)
• Abernathy, Texas
17 Jul 08
I think the stock market is something to stay away from in the next few years. Maybe banks too with the amount of banks forclosing.
@stocksprofessor (4)
• United States
4 Jul 08
Indeed the market is volatile, and risky for investors, but it a great environment for those in the know on how to trade it. There is public blog reporting amazing results in timing the market. You can find it by googling "NDX trading june" .
@artemis432 (7474)
• Abernathy, Texas
17 Jul 08
I predict the stock market will take a huge beating maybe even a collapse really soon, no matter what you invest in.
1 person likes this
@maxsee212 (799)
• United States
9 Feb 08
do not touch ur 401k unless u are knowledgeable enough to invest or you have the time to do ur homework when u invest in the stock market. the stock market is not difficult. you just have to figure out what's working at a certain time. say, right now, precious metals are working in the stock market because of the fear that we are going to a recession. the reason why gold is going up in recessionary times is because it is the opposite of recession. if the economy is going bad, gold price will be soaring. if the economy is good, then gold prices will pretty much go down or stay at its current position. if you want to invest in gold with ur extra money, i suggest u would buy stocks involved in gold production and mining. if you need help on how to buy stocks and how to set up a account to do this, you can respond to this message.
@artemis432 (7474)
• Abernathy, Texas
26 Jun 08
Thanks for the info. Our 401K is managed by the experts at Fidelity. I think I prefer the idea of buying gold and silver straight out! Some day....
@artemis432 (7474)
• Abernathy, Texas
17 Jul 08
Yes, I'd much rather invest in things I can see and hold as I mention above. I think we're all going to be taking a bigger beating then ever before no matter what we invest in!
@artemis432 (7474)
• Abernathy, Texas
17 Jul 08
I'm not really interested in getting into it. I'd rather invest in things I can see and hold. What with banks forclosing - who knows if we'll have another stock market crash and another depression?
@bansalsakshi (208)
• India
3 Jul 08
even i think the best investment is gold because gold only appreciates in value as years go by,and can be sold to bank and jewellers anytime you want.buying gold coins or bars on regular basis is a saving which may just bail you out of a rainy day.it would be wise not to invest n jewellery due to the making charges involved.Also always buy gold from a reputed gold vendor or a bank.you will get a quality certificate which you can re-issue when you are selling the gold elsewhere.make sure you look for hallmark sign,which is a sign of purity,and certifies it as legit.
@artemis432 (7474)
• Abernathy, Texas
17 Jul 08
So informative. Yes I think this is the wise course with the economic world collapsing as it is. Banks foreclosing and such.
@artemis432 (7474)
• Abernathy, Texas
9 Jan 08
I have absolutely no clue what you're responding to my friend. I asked if you were knwoledgable. And what YOU would want to invest in. I didn't say I was investing in anything. Just that I'd want to invest in gold nowadays. My husband deals with that mostly and we basically just have the 401K so.
Anyway, I'd love you to particiapte if you'd like.
@sathishanand2006 (56)
• India
16 Jul 08
Yea its better to invest in Gold. Its safest liquid money always in hand.
