The stock market

[Miramonti]

Crashes are always hard to predict exactly, but when they happen, its usually too late to do anything about it and people who get freaked out sell at the bottom. I don't know how much longer the market can sustain fuel prices so high, and just because its held up so far doesn't mean it always will.

The market has crashed for a lot less, and when it does there will be lots of bandwagon jumpers......so is this the time to sell?

 

[HardcoreRobot]

do you really think we know when the market is going to recede?

 

[Epic Fail]

if we know the answer, do you think we will be here?

 

[acemcmac]

lol.... 33% 33% 33% 0% 0%

 

[Pliablemoose]

I've been out of the market for a couple of months, a good correction will be a great buying opportunity.

 

[Miramonti]

Originally posted by: yamadakun
if we know the answer, do you think we will be here?

Instead of doing anything to take advantage of it? yes. 😉

 

[DaveSimmons]

I buy to hold for decades, mostly index mutual funds like VFINX, so a nice downturn is just a chance to buy more shares.

 

[aplefka]

Well, I'd wait at least 3 weeks on oil stuff. It's reached the highest ever around here and I'm sure it'll stay that way until the end of summer.

 

[Miramonti]

Originally posted by: Pliablemoose
I've been out of the market for a couple of months, a good correction will be a great buying opportunity.

The toughest thing about taking advantage of a crash is having patience...either waiting for one, or not getting in too early when one happens.

 

[Miramonti]

Originally posted by: DaveSimmons
I buy to hold for decades, mostly index mutual funds like VFINX, so a nice downturn is just a chance to buy more shares.

Not that that is too conservative for me, its just too boring. 😛😉

 

[DaveSimmons]

Originally posted by: jjsole

Originally posted by: DaveSimmons
I buy to hold for decades, mostly index mutual funds like VFINX, so a nice downturn is just a chance to buy more shares.

Not that that is too conservative for me, its just too boring. 😛😉

True, but it also requires close to zero effort.

More time to read books, watch DVDs, play games, and nef here 🙂

 

[HombrePequeno]

I doubt it will crash. We'll just be forced to come out with more fuel effiecient cars...or switch to biodiesel.

 

[everman]

If I could predict these things, I'd be on my own private island right now.