wht do u think of the market now?
wht would u invest on? or what industry?
thank
2007-10-21 14:06:31 · 4 answers · asked by nicolesf 1 in Business & Finance ➔ Investing
catepiller just had a bad quarter which reflects heavily on the health of US's real estate market. plus depreciation of dollar and rise of crude oil, there is a good chance we are heading into recession in 2008, Fed already done 1 major rate cut and injected billions of dollars and might cut rate again by the end of october. it's hard to say really until we know how bad the credit crunch is really affecting the market and if it will start spread to other sectors (i think it already have)
my opinion is to stay away from financial for now and allocate small part of your investment in retail for seasonal earning gain and put money in large cap companys that's more reliable, outperform S&P 500, and basically just to play safe. in case of a bad recession those stock will eventually rebound in a long run.
GOOG is still a good buy and is still cheap for it's potential.
AAPL might be a little pricy right now but still a great company and long term earning gain potential i'd load them up after earning release and price adjust back to it's fair value.
I'd invest and put money in the market only if i know i don't expect to be needing those money in the next 4-6 month. if you think you might need the money in a short run don't invest yet, because if your stock goes down and you need that money, you would have to sell it then you gonna end up lose money for sure.
watch Mad Money on CNBC jim cramer gives great advices on stock investing.
2007-10-21 16:39:02 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I'm going in " international" funds ( especially " emerging markets".) As far as individual stocks ...find a couple in the shipping sector ... the world is trading like crazy and there actually is a shortage of ships to transport it all!
Tech pick for the next couple of quarters: EMC
2007-10-21 15:40:48 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋
Learn "asset allocation".
Would you really use the suggestions of total strangers (whose qualifications and motives can never be known) to plan your next 30 years (+) of financial future?
Not a good idea.
2007-10-21 14:58:58 · answer #3 · answered by Common Sense 7 · 0⤊ 0⤋
in for a big drop.................stay in short term bonds..............
2007-10-21 15:12:39 · answer #4 · answered by richard t 7 · 0⤊ 0⤋