I have some money to invest and I was thinking of dumping it all in QQQQ and just leaving it there. Do you think that's a good idea?
2006-07-07 12:25:39 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Never invest all your money in just one ETF.
At least split it among QQQQ and DIA.
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2006-07-07 18:03:42 · answer #1 · answered by Anonymous · 0⤊ 1⤋
One bandaid after another to stay alive is the way things are going all over the country in order to make the books look good. Soon everyone will run out of bandaids. All that money leaving the country for imports flowing freely into our country and that money is gone. It's not coming back. Best bet for investing as far as I'm concerned is to buy certificates of deposit from the bank. I lost over 100K on the market and now at 64 I don't forsee retirement anytime soon.
2006-07-07 12:37:36 · answer #2 · answered by normy in garden city 6 · 0⤊ 0⤋
High Tech is no longer a high tech. It become more difficult to be innovative. I am predicting that there will be nothing significant enough being invented. NASDAQ will be like DOW, so the P/E should be lower. It means NASDAQ will decline or stay at this level for a long time before another gain.
2006-07-07 13:06:24 · answer #3 · answered by K 2 · 0⤊ 0⤋
The business sector is strong and getting stronger. I see them adding a letter or two.
2006-07-07 12:29:57 · answer #4 · answered by rayhanks2260 3 · 0⤊ 0⤋
You'd do MUCH better if you dumped it all in Gold&Silver. Either the real thing or GLD the gold fund or SLV the silver fund....just my opinion.
2006-07-07 12:33:32 · answer #5 · answered by -* 4 · 0⤊ 0⤋