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11-12-2007, 10:11 PM
| #1 |
| Sr. Member   Join Date: Aug 2005
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|  Market's crashing, what is everyone doing about it? My POT stock which had been making me a lot, 21% in the last month or so. Sold it all today with only a 3% gain.  Citi says e-trade might go bankrupt. A lot of economists are saying that we're entering or are already in a recession. I'm holding on to my Gold stocks for now. It only took a 7% hit today and I'm thinking of a rally tomorrow. The precious metal market isn't that comparable to the Dow Jones average. I'll hold for a little bit...
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11-12-2007, 10:26 PM
| #2 |
| Jive Honkey   Join Date: Feb 2006
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| Historically, over the long-term, the stock market (specifically, the DJIA) has gone up in value roughly 12% per year. That includes the crash in '29, Black Monday in '87, the bursting of the dot-com bubble and even more recent downturns. Image  JIA historical graph (log).svg - Wikipedia, the free encyclopediaNow, if you're out to make a quick buck in the stock market, this doesn't help you one bit. If you want to make money in the stock market, buy stocks and hold them. Don't panic every time the market drops, even if it's a big drop. Large companies WILL rebound and continue business. Their stock price will rise again.
__________________  Life is always a spiral. It's the choices of the individual as to whether that spiral is aimed up or down. Marijuana.com Posting Guidelines - Read them! Love them! Live by them! Search - It's how information gets found! Don't know how to search? Learn the art of searching! Please play the Google Images Game! Last edited by Darque Pervert : 11-12-2007 at 10:34 PM. |
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11-12-2007, 10:34 PM
| #3 |
| Melodious   Join Date: Jun 2007
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| I have the Google stock.. which is up roughly 20% since I bought it. It's been down lately, but I am hoping things pick up. I am going to do some more investing soon too 
__________________ Proud.. I'm proud to be, I'm proud to see. Proud.. I'm proud to be, I'm proud to be me. |
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11-26-2007, 01:16 PM
| #4 |
| Sr. Member Join Date: Aug 2005
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| Gold seems immune to this stuff...it's not uncommon to see a 100-300 point drop in DJIA and have my gold shares go up 1-3% that day. It's happened twice last week. Sold 25 gold stocks at a 26% gain and bought 50 more... |
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11-26-2007, 03:20 PM
| #5 |
| Alaskan Thunderfuck  Join Date: Dec 2006
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| Yeah I noticed it as well. My stocks here are doing shitty, but oh well. I invest with Edward Jones and currently my investments were doing really good, but I haven't checked on them in a few days. I really doubt there is too much a difference in them. It does worry me though, I have potential to lose alot of money. |
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04-17-2008, 03:13 PM
| #6 | |
| New Member Join Date: Apr 2008
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04-17-2008, 03:35 PM
| #7 |
| Jr. Member Join Date: Mar 2008
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| Where do you invest? |
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04-18-2008, 04:10 AM
| #8 | |
| New Member Join Date: Nov 2007
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| Quote:
A lot of reports ive seen lately say google is hitting its peak. Atleast at how much it outperforms. Just be wary of how much you continue to buy. Hope this helps  . | |
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04-30-2008, 07:46 PM
| #9 | |
| Super Moderator  Join Date: Dec 2005
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04-30-2008, 09:24 PM
| #10 |
| Now, with Extra Honesty.  Join Date: May 2007
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| Investing in foreign currency.  For prudent investors, it almost doesn't matter how the market goes....  Some people just always walk away with a fat wad of cash...
__________________ "No references to the need to fight terror can be an argument for restricting human rights." - Vladimir Putin "It has been said that democracy is the worst form of government except all the others that have been tried." - Sir Winston Churchill "A casual stroll through the lunatic asylum shows that faith does not prove anything." - Friedrich Nietzsche "Fashion is a form of ugliness so intolerable that we have to alter it every six months." - Oscar Wilde "I count him braver who overcomes his desires than him who overcomes his enemies." - Aristotle |
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