kyzr
Diamond Member
Poll questions regarding the stock market
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Poll questions regarding the stock market
Poll questions regarding the stock market
You forgot to mention which "stock market"
Sure, why not? It's a casino with much better odds. And like a casino, if you expect to win, you have to quit while you're ahead.
What some people lose sight of is that market price is not necissarily a good indicator of the health of the company at hand. When the market's hot, stocks can and do trade for much higher than they're actually "Worth." For example, Apple is arguably the hottest stock in tech right now. The book value per share of Apple is about $43 today, and the stock is trading for $249, nearly six times what it's actually worth; But if you buy for $249 and sell for $300, you take your money and run. Who cares what it was "Actually" worth?
Poll questions regarding the stock market
You forgot to mention which "stock market"
Do you feel that ANY stock market is legitimate and your investment money won't get ripped-off by short-sellers or corporate crooks?
Sure, why not? It's a casino with much better odds. And like a casino, if you expect to win, you have to quit while you're ahead.
What some people lose sight of is that market price is not necissarily a good indicator of the health of the company at hand. When the market's hot, stocks can and do trade for much higher than they're actually "Worth." For example, Apple is arguably the hottest stock in tech right now. The book value per share of Apple is about $43 today, and the stock is trading for $249, nearly six times what it's actually worth; But if you buy for $249 and sell for $300, you take your money and run. Who cares what it was "Actually" worth?
Ah a market "timer". All well and good until some big money player beats you to it and after you buy at $249, it drops to $150 <poof>. They sold it short and you got hosed. Look at BP as an example. A bad break and the market dropped like a rock. Merck's Vioxx dropped the stock to half its value overnight. Look at Lehman, and the big banks, they went south fast. How about the GSEs Fannie & Freddie? AIG, Enron, etc.
Its Russian Roulette with only one empty and 5 bullets. Good Luck!!
What is the current rate of inflation, if it's above 1.1% then your losing moneyyou're best off with an FDIC insured savings account (Mine is giving 1.10% APY at the moment).
What is the current rate of inflation, if it's above 1.1% then your losing moneyyou're best off with an FDIC insured savings account (Mine is giving 1.10% APY at the moment).
Current Inflation
I would, and I have. I put a certain amount of money into stocks about 10 months ago. It has increased 20% since the original investment.
BTW - I did not check anything in the poll because of the gratuitous language thrown in along with the legitimate information. Kind of like pork stuck into a bill somewhere.