2007-05-28 15:13:16 · 5 answers · asked by neverknow 3 in Business & Finance ➔ Investing
For the past 30 years (+) it's helped me get to a better life and a more secure retirement.
2007-05-28 16:22:57 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
It might depend on how much money you have riding on it. In some ways it is similar to gambling. That is one reason I'm sure most people use a broker for advice. If you go it alone its more stressful because you make the decisions and live with them. The more research and knowledge you have the better. Diversify is key because if one stock tanks that doesn't mean your whole investment is down the tubes. I think patience is the biggest thing. You have to just wait until the time is right to get in and most of all GET OUT at the right time...
2007-05-28 15:21:26 · answer #2 · answered by shelkeyinvestments 1 · 1⤊ 0⤋
Since I manage money for clients, the stock market affects me greatly!
2007-05-28 15:55:54 · answer #3 · answered by Tats 3 · 0⤊ 0⤋
that could desire to remember in case you have money interior the inventory marketplace. in case you artwork and contributes to 401K - maximum in all possibility you're contributed to the inventory marketplace(whether your elections are bonds or money marketplace, they're all paper). while one communicate relating to the inventory marketplace, they frequently think of they're risk-free because of the fact they don't purchase shares that is going up or down or flat line. nicely... enable see, we could desire to! in case you artwork for a corporation that sell shares to get their startup capital, whether you do not own shares, your interest would be effected in diffused techniques once you're a Starbuck fan, nicely... it quite is a public company, as a result it subjects shares on occasion. in the event that they get offered up via enable say... McDonald! then you definately will in no way be having Starbuck coffee. Oh, maximum recent, in case you own a house with variable costs, your own loan grow to be chopped up, repackaged countless time over and sell it to the French, which mentioned they are able to't pin factor what your place is well worth. The foodstuff you consume, the jewellery you have... in the previous it gets to you, it grow to be maximum in all possibility traded interior the shares/Commodities exchanges one time or yet another. In end, inventory marketplace performs a considered necessary place in at present's society. It drives the economic device and our daily lifes.
2016-12-30 04:49:07 · answer #4 · answered by hassinger 3 · 0⤊ 0⤋
It doesn't affect me one way or the other. When they mention it on the news, I always wonder. In some ways, it does follow certain trends, or indicate certain happenings, like it took a big hit on 9-11-2001 !!!
I do not invest, or have any money, so it doesn't concern me much I guess...
2007-05-28 15:27:13 · answer #5 · answered by sugarpacketchad 5 · 0⤊ 1⤋