2006-07-16 12:07:59 · 12 answers · asked by Curtis S 1 in Business & Finance ➔ Investing
Hold on to your shares. The reason that the prices are falling is because everyone is dumping theirs and the market is becoming saturated. Give it a while, and the market will recover and you can get your money back. If you sell, you'll just be adding to the problems.
2006-07-16 12:10:11 · answer #1 · answered by Foxie 2 · 0⤊ 0⤋
It depends what your shares are in. About six months ago I looked at buying some shares in Diageo (ticker DGE.L) but for some reason I decided against it. Now their share price has gone through the roof, I could have made a killing. But to get back to your question, if I was in your position I would only sell if your shares are in companies that are directly effected by the current conflict.
2006-07-16 19:12:19 · answer #2 · answered by Burnsie 4 · 0⤊ 0⤋
Sell everything you own, walk around in sandals, hang out in bars with prostitutes, collect 12 homeless men who trust you, travel the neighborhood and adjoining towns speaking in riddles, and before you know it, you're famous 2000 years from now.
2006-07-16 19:11:49 · answer #3 · answered by mrkymrk64 3 · 0⤊ 0⤋
The market is in bear mode. You should sell few months ago. It depends what kind of stock you own though.
2006-07-16 19:12:31 · answer #4 · answered by teddybear1268 3 · 0⤊ 0⤋
Now's the time to buy. Dump some money in QQQQ, the Nasdaq 100. It's really cheap now.
2006-07-16 19:26:25 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Who gives a crap about the middle east - they control nothing in the economy. Oil you say? U.S. can and will take whatever oil it needs from anyone it pleases.
2006-07-16 19:11:49 · answer #6 · answered by DesignR 5 · 0⤊ 0⤋
Of course!
Sell everything and buy OIL!!!!
2006-07-16 19:09:31 · answer #7 · answered by Brian 3 · 0⤊ 0⤋
Lol....no way. Buy, buy, buy. In like two months, you'll make a fortune.
2006-07-16 19:10:22 · answer #8 · answered by Anonymous · 0⤊ 0⤋
" We simply attempt to be fearful when others are greedy, and to be greedy only when others are fearful"
2006-07-17 08:45:57 · answer #9 · answered by Francois B 1 · 0⤊ 0⤋
No, buy buy buy buy buy!!!!!!
Eventually it will go up so now is the time. GET YOUR *** OUT THERE AND BUY!!!!
2006-07-16 19:11:00 · answer #10 · answered by brandon 3 · 0⤊ 0⤋