i'm starting to work, and the best way to say for retirement (against inflation) is to invest in the stock market because as long as a company stays alive they will eventually have to go up, to match inflation so lately i've been looking into it but since the US (and everywhere else)'s money is going so out of wack, i'm so scared to even touch it i've been watching the US stock market going round and round and round in circles through DAYS of drastic up and down, for example, google was billowing for two years, and then suddenly when 08 hit, it dropped over 20% over a few months. But today it jumped 16% in one day. I'm wondering if it will jump back down the same 16% tommorrow
Stock markets around the world mainly follow the US.. And ever since some stupid banks decided to lend money to dodgy people, its been volatile ever since.
i've lost like half a car cos of the stupid correction that happened lately >.< so i've decided not to look at it for a few years and hope i'll at least break even... lol shoulda just bought a car... it'd b worth more even after the depreciation!! hahaha
Yeah I am keeping my eye on Visa and a couple of others but I don't really like to put too much money in these things.
visa is gonna double for sure in a year...they dont carry debt...they just charge per transaction...like google when u click the ads and shite
are u refering to superannuation? its like a compulsory savings account for when u retire. ur employer puts in money (deducted from ur pay) and when u retire u canuse it
Now is a good time to buy. Stock market is for the long term....if you keep saying that you are going to wait for a few more months, well, then a few months later you will want to wait some more!..... et in now. Blue chips are no longer expensive.
i would follow yahoo stocks if i were you, since microsoft will give yahoo a new offer and the stocks will fly skyhigh again and tbh, almost the whole world follows eachothers stocks, or atleast follows USA stocks, if they drop, you sure notice it over here and icegirl, atm its not THE BEST time to invest in stocks, cause of the economy drop in USA, but its always a risk if you play with this
^ it can go both ways, if you are in the US investing in the stock market now wouldn't be as great a year or two down the road from now, as for others people like in the UK for the long term investing now when the US economy is low would be a good idea...
well USA isnt at the lowest point yet of there economy crisis... i would start invest stocks around august/september.. but thats me
you haven't been following the news have you. Microsoft has ended negotiating with yahoo, because they are asking for too much that it's not optimal for MS to purchase them. (I'm at MS, and there are lots of people who are happy that the purchase of Yahoo didn't follow through)
the summer months are the key months to watch because the money from the fed to the banks will finally reach the people/investors... the tax rebates will also finally hit all consumers by then so that's another thing too look out for... finally the dollar has strengthened... although still not good enough nor high enough... all in all we're at the bottom ladies and gents... and with all the money the fed threw at us the last 6months... we should rocket back out... however... housing will still slump so really think b4 u buy... housing is almost at the bottom... i'd say wait another 6-12 months b4 buying...