I'm heavily into ethically responsible shareholdings but desperately worried that today's worldwide downturn in share prices will cut into my returns. We are talking my money here. Should I get into safer stuff like armaments, oil and drug companies or will my stance see me through?
2007-02-27 12:38:11 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
SELL SELL SELL!!!
2007-02-27 12:42:15 · answer #1 · answered by Anonymous · 0⤊ 1⤋
I have good news and bad news. The bad news is, today's market will most definitely cut into your returns. The good news is, the market will recover and I think within the near future. If your game plan for investing yesterday was good and you were happy with your investments, stay the course. Pretty sure that armaments, oil and drug companies would not really be considered safe havens in most cases, but then again I don't know what your into right now as a comparison.
This I know to be true. Successful investing must include diversification. I don't know your ethics or what your parameters are for determining ethical shareholdings. But after 20 years of investing, my opinion is stocks move up or down based on growth and profits or the expectations of one or both. If you have stocks that can achieve both and are ethically responsible, you have a winner! Good luck.
2007-02-27 21:46:07 · answer #2 · answered by philsky 2 · 0⤊ 0⤋
TBH i just can't understand how stockmarkets, including the Dow Jones are at record heights, considering all the insecurity in the world... and debt levels of consumers and governments.
Didn't the Dow Jones once drop to 86 points in the Great Depression. From history books I remember reading that after 18 months of no pickup in the Dow Jones they were considering closing the exchange completely.
2007-02-27 20:45:58 · answer #3 · answered by Narky 5 · 0⤊ 0⤋
Yeah invest in machine guns and ballistic missles!! Can't go wrong there!
And then after Iran is beaten, we might be able to push our drugs on their population, so look into drug companies as well!
I am sure you will do fine.
2007-02-28 07:25:20 · answer #4 · answered by ? 1 · 0⤊ 0⤋
If you are in the market for the long haul you have to be prepared for the ups and downs. The market will take corrections but eventually will continue to grow. You may want to consider diversification so that your eggs are not all in one basket so to speak.
2007-02-27 20:46:42 · answer #5 · answered by msbedouin 4 · 1⤊ 0⤋
move it around but there are ways to keep it ethical. You don't have to go to the dark side.
2007-02-27 20:44:12 · answer #6 · answered by jimmyluger 3 · 1⤊ 0⤋
I've heard that nuclear weapons have a very bright future indeed.
2007-02-28 00:36:05 · answer #7 · answered by charlie at the lake 6 · 0⤊ 0⤋
HEY MY NAME IS DARIAN AND I TRYING TO START A CLOTHING LINE THAT COULD MAKE UP TO $1,000,000 OR MORE A YEAR I HAVE THE NAME FOR IT AND DESIGN BUT I DONT HAVE THE FUNDS TO GET IT STARTED I WOULD LOVE TO TELL YOU MORE ABOUT IT IF POSSIBLE THANK YOU
DARIAN JEFFERSON
2007-02-27 20:46:51 · answer #8 · answered by Anonymous · 0⤊ 1⤋