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So when is a good time to buy stocks? Opportunity is knocking.
Ok, everyone is in panic mode. The DOW is dropping like a rock. The basic rule of "buy low sell high" is being overridden by panic and people are in "bought high now sell low" mode.
So when is a good time to buy stocks? Do you buy when a stock hits 80% of it's original value? 70%, 60%? Or do you go for those stocks that have hit 10% of their value and hope they are don't go belly up and return to 100% in the next 5 years? I have no concern that in 5 years, the dow will be back to 10,000 - this I have complete confidence. The question is, what to buy in that middle time? |
why dont you split your capital in 10 portions and buy the same stock 10 times over the next months or so, this should spread your risk a little and give you a very decent average cost.
once the market falls out of this free fall, i would expect it to increase fairly quick again, but the question is which stocks to buy.. |
which to buy, which to buy.
I've been wondering about IBM, I'm hearing a lot about that company for the first time in years with their new Green campaign. |
Most stockmarkets have dropped over 50% this year, the DOW have some more to go.
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