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-   -   So when is a good time to buy stocks? Opportunity is knocking. (https://gfy.com/showthread.php?t=860996)

camperjohn64 10-10-2008 08:59 AM

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?

JP-pornshooter 10-10-2008 10:55 AM

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..

Wolfy 10-10-2008 11:23 AM

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.

pigman 10-10-2008 12:21 PM

Most stockmarkets have dropped over 50% this year, the DOW have some more to go.


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