I have already invested but plan to invest more when i get more money to, imagine that. I am looking at it as the market is going down...so in my mind I should wait. Being as I just started this year with investing, I feel like I bought high....and now watching as the prices are falling. That is why I plan to reinvest next year too. Am I just having "fear"? I feel that the market will just drop. Should I invest now or wait to invest?
2007-03-04 12:44:17 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
everyone bought high. Put stop losses on your entire portfolio because the bloodbath is continuing tommorrow. All this is is the major correction they were talking about last year. Don't worry about it.
2007-03-04 17:03:15 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There's about ten ways of looking at the situation.... yes, you bought high, but those are " long term" investments...they will rise and fall 90 times before you ever get close to withdrawing...so, you just had a little bad luck " right off the bat".
As far as investing more ...tomorrow real traders will be scouring the market for bargains! when prices fall IS the time to GET IN...
As far as " fear" goes, I would say you're just disappointed... there is no real need for fear right now...generally the economy of the U.S and many world mkts is in good shape...( Japan is the only monetary power that has real problems) China with the big drop was not an "economy" problem it was a " market" problem politicians there want to put some restraints on the investors there because they are going crazy BUYING INTO the market ( and borrowing to do it ...bad news)....the actual production and consumption by the Chinese mkt will continue to grow at a bizarre pace....and if you give yourself a chance you'll forget all about this " BIG DROP" in about 5 to 9 months ( when you're young that sounds like a looooonnnng time but its a snap in IRA terms.
2007-03-05 02:01:05 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋
There's really no way to predict the short term fluctuations of the market. Actually the haircut the market took last week wasn't all that big in the grand scheme of things (about 5%) and I'd expect that the market will turn around and rebound somewhat in the near future. As far as I can tell the market isn't absurdly valued one way or another, so this is probably a reasonable time to invest.
2007-03-04 20:49:02 · answer #3 · answered by Adam J 6 · 0⤊ 0⤋
How old are you??? this is important, because if you are young and investing for the long term, and are investing in stocks, or mutual funds that are diversified and meet your risk tolerence level, It doesn't matter when you invest, it only matters that you do (under the above criteria) and get to investing more on a continual basis. Short term ups and downs don't matter over 20 years,but Getting used to buying good investments on a steady basis, is the best thing you can do for your financial health. (besides staying out of debt)
Good luck
2007-03-04 22:45:48 · answer #4 · answered by bob shark 7 · 0⤊ 0⤋
You need to consider "dollar cost averaging." Over time, this works. You invest on a regular basis regardless of the market. You put in small amounts and DO NOT try and time the market......knowone can!!!
Over time, the market will take care of you if you use this technique.
2007-03-04 20:49:46 · answer #5 · answered by Neil L 1 · 2⤊ 0⤋
We have not seen it yet...
CASH IS KING
2007-03-05 00:57:04 · answer #6 · answered by Leo P 2 · 0⤊ 0⤋