Just curious - anyone out there losing money and starting to realize that there's a need to consider your risk tolerance?
2007-11-26 08:26:42 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
I'm enjoying the answers but was also hoping to hear from some of the 'what stock should I buy so I can get rich quick' people that posted a few months ago. But they may not want to discuss it.
2007-11-26 08:55:32 · update #1
Not really, sticking with my current allocation & crop of funds. Still plowing 15% of salary into my 401k, and 4% into my company's stock. Company stock was getting a little pricey. I don't mind seeing it 'take a haircut'.
There are always those that think they can get rich in the stock market over a relatively short period of time. And I'm sure it does happen. But picking the next Microsoft or Home Depot is alot harder than it looks.
2007-11-26 09:28:38 · answer #1 · answered by exactduke 7 · 0⤊ 0⤋
I don't put money in the stock market that I don't need for a while, so no, I'm not panicing. In fact I'm trying to find as much money as possible to buy stock right now. Its like everything is on sale right now.
2007-11-26 22:08:17 · answer #2 · answered by voluntarheel 5 · 0⤊ 0⤋
No. I've lost almost 20% in the past two months, but that's no excuse to panic. They stuff that won't survive I already sold. The stuff that will survive, I'll hold onto through the next bubble and the next...
2007-11-27 22:52:49 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Why? This is the best time of any to buy. The old adage still holds true: Buy low, sell high.
2007-11-26 16:40:20 · answer #4 · answered by Anonymous · 3⤊ 0⤋
No . . . we converted to cash about six months ago . . . we're extremely cautious . . . but I am panicking that quite frankly, people just don't get it.
2007-11-26 16:43:46 · answer #5 · answered by CHARITY G 7 · 1⤊ 0⤋
no,i am an optimist and know God will help me
2007-11-26 16:50:53 · answer #6 · answered by woodsonhannon53 6 · 1⤊ 4⤋