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Post by badeconomy on Sept 29, 2008 16:28:14 GMT -5
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Post by protection2008prop on Sept 29, 2008 18:42:22 GMT -5
It will rebound, although slowly. Those that can afford to wait it out will make money, those that need their money are in serious trouble. Anyone close to retirement is not going to retire anytime soon.
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Post by armorfighter2008x on Sept 30, 2008 11:50:32 GMT -5
small rebound today. those that can ride it out will be fine. those that panic are in trouble.
i don't think the bailout will instantly rise the stock price however. i think it will stay low for awhile before rising back.
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Post by Brett on Sept 30, 2008 16:09:21 GMT -5
small rebound today. those that can ride it out will be fine. those that panic are in trouble. i don't think the bailout will instantly rise the stock price however. i think it will stay low for awhile before rising back. exactly how i believe it will work. you can't keep all your eggs in one basket. diversification is critical and the closer you are to needing your money, the more liquid your assets should be. |
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Post by protection2008prop on Oct 14, 2008 14:05:04 GMT -5
I agree with the diversification strategy and glad to see the market shoot back up 900+ points in one day - what a fricken roller coaster and we are all in for the ride!  |
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Post by fast2008 on Oct 14, 2008 18:37:06 GMT -5
what a rebound ;D
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