Do You Invest In Stocks and Shares?
By muru1950
@muru1950 (963)
India
February 23, 2009 10:57pm CST
I once invested in stocks and shares.
After burning my fingers,I quit from the stock market.Then onwards I never dared to turn towards stock market.
Now the stock market is at its low.Of course no one can say will it go further down or not.
In U.S.the shares of big companies are now traded at very low prices.
In Asian countries also the shares are at their lowest prices.
People say it is high time to buy shares.
Do you trade in shares? Will you buy shares now?What is your views on investment in shares?Please share your views.
Happy mylotting
3 people like this
11 responses
@Atsbookstore (45)
• United States
25 Feb 09
Sticking with high quality stocks over any 20 year period has always been very advantageous. If you have a 20-30 year outlook, investing in high quality stocks should be part of your retirement planning, especially now with the market where it is at.
However, if you are investing with funds that you may need within the next 5 years, you many want to reconsider, as currently there are many questions regarding the near term future of our economy and the stock market.
1 person likes this
@jpso138 (7851)
• Philippines
24 Feb 09
I have never bought any stocks or shares. I was contemplating on such idea but never had the guts to do it. I think it is important to know a lot of things about the economic situations before deciding to buy such shares or stocks. I have hear that there are those that really lose everything from buying shares. I really don't know if it would be wise to buy shares right now.
@ANTIQUELADY (36440)
• United States
24 Feb 09
i do not fool w/the stock market. haven't got much & i'm sure not going to fool around w/what i do have.
@bhanusb (5709)
• India
24 Feb 09
I never invested in stocks or shares.These are gambling to me.I don't want to go any risk.I prefer easy going life.Which I earn from my job that's sufficient for
me.I don't want extra money.
@kiran8 (15348)
• Mangalore, India
5 Apr 09
Hi muru, i too burnt my fingers in stock market. But later i took some advise from friends who were very experienced and started investing again. i feel now the prices of most shares have come down considerably all over the world and it is the right time to invest in some quality shares and wait for a couple of years. I feel that most people burn their fingers while doing day trade..
@eabaterina (501)
• Philippines
24 Feb 09
why what happened? did the company you bought stocks from went down/bankrupt? well, i used to want to invest in stocks on solid companies who are still surviving up to now and i am a bit tempted to buy stocks right now that the prices are low, but i am still unsure of the risks.
@muru1950 (963)
• India
24 Feb 09
In our country,there was a big scam in the stock market,after it was unearthed some share prices went very much down and some companies closed after that scam.So the shares I had became value less after that scam.This happened about ten years back.
They are not even traded in the stock market now.
So now I don't invest in shares.
Investment in shares are always at risk only.For that risk only you get a huge profit or loss depending upon your luck or intelligence.
Happy mylotting.
1 person likes this
@maxsee212 (799)
• United States
26 Mar 09
if you can't take risk, i suggest you stay with more stable investments like putting your money in the bank and wait for the interest to double you money, but we all know that not going to happen because the interest all the bank are more or less 5%. if you don't have the heart and mind of a trader, i suggest you should stay away from the stock market, but if you are young and you can take risk, i suggest you learn as much as you can from books and from the internet about stocks and how to make money.
@michaeldadona (5684)
• Malaysia
25 Feb 09
I categorized my earnings in five (5) types; daily, weekly, monthly, quarterly and annually. Stocks trading falls into my quarterly earnings and I do actively transacting my stocks in long term type of investment and so far never for short term range as well as short selling. Opportunity is everywhere in stocks market and how we do our transaction depends on how we discerned ourselves.
My financial capacity for now, I trade for 1 lot for "blue chip" stock and 10 lots for "cheap" stock. At the same time, I spare some for "floating" case if it happens on my "blue chip" stock. For "Blue chip" stock, normally, the fluctuation figure is at high scale and if dropped far down I will make my entry for another 1 lot. I never practice "marginal" trading since I involved in 1989.
For "cheap" stocks, it fluctuates in small scale either up or down. Not much gaining in this area of stocks, actually. But, I am waiting for "founder's trick" for them to rocketing their own company's stock. At this time, a real lofty earnings for me and very exciting as well as rewarding. The clue is, I have to search for an extra information for when it is going to happen.
@ILANEDRI19 (278)
• Israel
21 Mar 09
I'm very intrested in this. I've heard that's a very good way to earn money, but it requires lots of learning and time which I don't have in this period of time in my life. I hope that after my army service, I will get into that, and earn some money.
@katsalot1 (1618)
•
24 Feb 09
I don't think I'd have the courage to buy stocks and shares, as I wouldn't want to lose money, and feel I don't know enough about it. Also, when you think of all the people who have lost money recently, even though they were financial experts, I wouldn't trust what anyone advised either.
@AnkanaGhai (60)
• India
1 Apr 09
Hi,
It is right that this is the best time to invest. These type of situations comes very rarely. Though there is a great economy crunch, but at the same time we have a great chance to invest money. Though you have already burned your hands in stocks but that may be the wrong time. One think I can tell you that, if you miss this time then you will never come back to stocks again. So just invest and wait for 2-3 years. Happy investing.