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View Poll Results: As of July 31, 2007, stocks are...
On Sale! Buy Buy Buy, they're cheap and I want more! 2 8.00%
More attractive than a month ago, I'm in for more. 3 12.00%
Same as always - think of the long term and stay the course. 17 68.00%
Making me nervous, I'm starting to think about bailing out. 0 0%
Headed down big time. I'm in cash. 3 12.00%
Voters: 25. You may not vote on this poll

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  #1  
Old 07-31-2007, 05:25 PM
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Stocks

What do you think?

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  #2  
Old 07-31-2007, 05:46 PM
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A LOT of short-term money to be made. In the long-term, certain sectors will perform very well... Other "staple" sectors are due for a big correction, and a majority of the market is due to a significant correction.

A LOT hinges on the policy of the next administration, so we should have another year of the quick money.
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Old 07-31-2007, 05:49 PM
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What part of "Buy low, sell high" don't you understand?
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  #4  
Old 07-31-2007, 09:50 PM
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Should have bailed in July. Always goes to he** in the summer. Nothing new under the sun in the stock market. Did I take my own advice? Of course not!!!

Mike
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  #5  
Old 07-31-2007, 11:58 PM
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A few years back when I was enjoying some prosperity I managed to turn about $5k into $2.5k in a little more than a year.

Since then I have not owned any stocks to speak of.

Real estate and old cars.

The old car is doing fairly well at present.

Tom W
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Old 08-01-2007, 10:17 AM
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I heard someone say once, "It's not 'timing the market. It's time IN the market that counts.'" I think that's true.

I've seen my investments go up and down over the years through numerous business cycles. Over the long haul, they have gone up considerably. I don't usually make changes unless there is a specific change within the individual company.
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Old 08-01-2007, 10:36 AM
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Quote:
Originally Posted by 420SEL View Post
What do you think?
I figure I've got about 25 years until retirement so I'm not too concerned about short term volitility. I've been buying stuff fairly cheap and across a wide range, but most of my money has been going into Mutual Funds. I wish I had the time and amibition (and disposable cash) for playing the market for short-term gains, but I don't.

You don't lose anything if you don't sell (not true on many levels, but not that far off up to a point)

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