This is the time to buy the stock for long term and hold for a period of 6 months.
See what happens?
Yes my friend you are right as the market is not on peak so there is every chances that in the upcoming months you can make huge profit. And holding the stock for the period of minimum six months is absolutely crucial.
Yes, I agree that this is the right time to buy stocks. In fact, I myself went out and purchased several shares when the market plunged more than 700 points. However, I do not consider a 6 month holding period as a long term investment. Also, I would add that you don't want to go out and buy just any stock since it is selling at a low price. You have to do your research on it first to find out whether the company is financially sound.
Hadn't thought of that.
I will, of course, be rushing out to take this obviously wealthy, well respected stock trading guru's advice immediately.
Where is that sarcastic smilie?
Unfortunately he did not say which stock to buy, and there are so many of them I got lost Have to wait for the next guru, then
Oddly enough, he has one hub which attempts to persuade you to buy a particular stock. Weird huh?
No Mark, I think you did not read it carefully, he does not give a particular stock, he just talks about Indian indexes. Are we supposed to buy ETFs?
LOL. It's fair to say, I looked at it for about 12 milliseconds.
on the reality side, I'm not a stock broker and I tend to look at the market as a big mass wave for my purposes, but GE seems to be doing well and doubtlessly will continue to at least until Bush leaves office. :p
It was one of the few stocks that gained during the massive fall week before last. Electric which of course is related to oil, which of course is what makes Bush and Cheney rich. If I were to invest at all, I'd look at what Dick Cheney has his money in.
If you are interested in options trading you should check out my newest flagship hubpage.
I have created, sponsored by Options University, a new Flagship Hub for options traders, beginners and veterans. The flagship contains seven articles on various aspects of options trading and different options trading strategies, but I have included 20 satellite hubpages, to start, each with a unique outlook on the stock market and options trading, I have, thanks to Options University, another 50 articles from some of their top writers and options trading strategists, yet to be put up. I hope to get at least two to four new hubpages posted each day for the next couple of weeks, so come back and check it out often for the latest tips from some of the leaders in options trading strategies.
About my own experience, I strongly advise getting some education before you trade. Trading is an entirely learned skill. Having dedication for the markets is most important.
Yes it is the time to go for trading in stocks. But do not hold any positions, present market scenario is for intraday trading just book profits and come out. Remember one thing us stoploss with every trade.
I took this chap's advice, and bought chicken and vegetable stocks, and they helped make good meals. So shame on you doubters!
These stocks are QUITE cheap at the moment, you might want to jump all over it before the prices increase again!
On a more serious note...
I follow Warren Buffet's advice:
Get greedy when the market is fearful and fearful when the market is greedy.
Although I've had limited success in day trading (gained a few hundred bucks), I'm still sitting on two stocks that will be more long term.
I'm pretty certain that this year is a great time to buy, but as was said earlier, do research first. Find a stock that pays dividends (for a cheater's guide, you can check this site out), make sure you don't pick a company that's going to go bankrupt or become outdated, then just be patient and stick with it.
As long as you know your limits and don't get overly greedy, you should be in good shape.
Didn't Circuit city declare bankruptcy and are liquidating their stores as we speak(write)?
LOL Pete, this is the great advice
Now, could you please disclose the method you use for this? So far I am not aware of any surefire one
PS And yes, I remember seeing reports recently of CC going to underwater
Stacie, who on earth told you that? That is 100% false.
So false, in fact, that I am betting on it. I am the primary stock-holder for Circuit City with 1.4 million stocks in them. It's like taking candy from a baby, it's so cheap!
read all about it; " http://www.circuitcity.com/closed.htmlcircuit City declares bankruptcy"
Misha, that link I put up for the dividend investor website is a good one. (here it is again). I have no affiliation with it, but with as much as I recommend it maybe I should look into that
If you're thinking long term, I'd go with one that pays a solid dividend. That website breaks everything down:
* how long the company has been in business
* what kind of dividends (in terms of percentages) you can expect
* when the next dividend payout is expected (this is quite important)
* how long the company has been paying dividends (the longer, the better generally)
Apart from the stocks in my retirement account (and yes, we have one at our age!), I only currently hold stocks in two different companies. One pays dividends and the other is an airline company that pays zero dividends. Honestly, if we could afford to invest more, we would do it in a heartbeat, that's how serious I am about it being a good time.
I could probably go on and on as to my methods/advice, but now I'm thinking it might be a good hub topic...
Are you thinking about doing some investing Misha?
LOL Pete, I've been in this business for quite some time. Gosh, you even did not see sarcasm in my previous post
I am sure it's not the time to buy yet
I am not going to argue with you about this, this is your money, so make your own mistakes and we'll talk a few years down the road
I anyone would like to invest in some great stock but isn't sure how to do it, send me the first million you want to invest and I'll do it for you. He he.
Oh yes and if you need to contact me directly, I'm temporarily confined to my Manhattan Apartment. Pay no attention to those armed police persons outside the door. They're liars, all of them.
Just throw a rock at my window or something. With money tied around it.
haha I wondered
And yes, we'll talk some years down the road! I take it you're hanging on to your money right now? Good! That fear will continue to keep prices down for guys like me!
You are sadly mistaken here WC. I just had dinner with a friend of mine who was American Express' New York head for some years.
He just lost most of his money in the Icelandic crash and Barclays bank and said, and I quote, "I honestly have no idea where to put what is left of my money. I was a professional banker for 25 years and I have no idea what is going on."
But you keep buying them up at those low, low prices....... Sure to come back
What do you think is happening? Sure the stock prices might go down further, but the only way for things to be a total loss is for the stock market to crash, the U.S. to crash, the company you invested in to collapse (which is probably the most realistic possibility), or some other catastrophe.
Personally, I'm choosing to have some faith in our country, our economic system as a whole and yes, I'm counting on not having a catastrophe (might be my downfall with that last one).
As long as you're not looking to the stock market for a quick buck or two and you're willing to have patience and hold on to the stocks, now is a great time to buy.
And I realize I'm going against the grain of common perceptions of the market here. But that's sometimes a good thing. As I saw on a t-shirt once: any dead fish can tumble down stream. Go against the flow.
You hit the nail on the head right there
Don't want to bore you with details but the banks are broke, the govs are broke and there is a very, very, very real chance of this.
Citibank went broke for goodness' sake. Don't believe me - read the news. It is all downhill after a brief Obama upsurge.
If you are going to play the game - you need some information - not faith
Believe you me, I'm not buying stocks and having "faith" that they'll perform well.
Now you're right about citi not being in good shape and I do think they'll go under, but they haven't gone under yet, have they? Not that it makes much difference really, but I hadn't heard the official word on them going under...I just know they're in trouble.
Who'da thought, since I'm paying them so much each month on my mortgage!
I think our difference here is our outlook on the current situation. I think we agree that things are bleak, but I think things will take an upturn, and you think things won't.
Going back to what I've said in other threads, I think the situation today is a good thing. It's like hitting the "reset button" on the spending machine. Consumerism has all but consumed us, Americans (and even others) are realizing this and are questioning their spending habits, their trust in money, and so forth.
But I'm really sticking to my guns that things will get better. When? Where? How? Well, that's another thread, another time and impossible to answer now. Maybe hindsight?
If I had any money to invest right now I would put it into anything that would move me toward energy independence and self-sufficiency. Land, solar panels & batteries, a wind generator, a wood stove and some form of back up plan for heat if wood is not available, insulation, a home garden and orchard that is irrigated with grey water. A rain barrel or cistern would be a good idea. Anything you throw into a bank account or the stock market right now could go right down the toilet. I'm not saying that because I don't believe in the U.S., I'm saying it because I can see what's right in front of my face.
The trouble with the stock market right now is, yes, prices are low, but not even top economists know how this will all sort out. The world ten years from now could be unrecognizable to us--for good or ill. I don't think most people have a clue how FUBAR the system is at this moment.
Misha & Mark are right. Don't take it personally, but please do be careful. Make some sensible preparations with that money.
That's a great point- invest in something that has a definite ROI such as solar panels or wind generators. I'm kicking myself because about five years ago I was close to going in with a friend to purchase a wind generator somewhere in Sir Dent's neighborhood (windy WVA), but we both back away from it. Oh well!
But no offense taken- everyone interprets the situation differently (even the experts disagree greatly). It's certainly uncharted territory for many although some say it's reminiscent of the Great Depression. I picture the economy as a person in a dark room. They're feeling around, not able to see what's in front of them, sort of wandering. It will be some time before there's some light shed into the situation, so until then we'll have to wait and see.
by ngureco 4 years ago
Which Are The Best Trading Strategies In The Stock Market?
by ngureco 10 years ago
Why Should You Avoid Forex Trading Over Stocks Trading?
by Whitney 5 years ago
investing in penny stocks
by jomine 12 years ago
we might be able to invest in different sectors, but how can we predict which industry or which sector will be going up?what are the indicators to say the stock market is not going to crash or what are the indicators to say it is only in a correction and not recession? minimum are there any...
by thetrader 15 years ago
I'm first to inaugurate this forum section http://hubpages.com/author/thetrader/latest/
by prsalsa1 13 years ago
How do you start with an investment for stock trading?make money, profits.
Copyright © 2023 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|