Are you involved with the stock market?

United States
October 23, 2008 2:53am CST
My boyfriend just recently got into the stock market because its down right now. Do you buy stocks or have you ever?
6 responses
@Metalchick (1391)
23 Oct 08
This is something I have only recently started dabbling in. About three months ago I started an equity ISA and pay in £100 a month which gets pooled with other members money and spread out across the stock market. I have decided to put half of it in safe blue chip company and the other half in the more risky emerging markets. Being that i've started young I though I could afford to easily leave my money for ten years and not have to worry. The theory i'm working on is that by paying in a hundred pounds a month while the shares are low and if they continue to remain low for the next few years...when they evntually do rise...which they will eventually no matter whether it's in five or ten years. But when they do I should be on a winner....everything crossed mind you.
@Fafner (68)
• United States
23 Oct 08
I think you have a good investment strategy here. By investing on a regular schedule you are dollar cost averaging (i guess it would actually be pound cost averaging).
23 Oct 08
I think your right. All I need now is the shares to stay low for a while then zoom up after a few years...but no one can really successfully predict the market it goes up and down so often.
@maxsee212 (799)
• United States
26 Mar 09
almost everything that i learned about stocks, i learned it from the internet. the internet is a great way to find stuff that you don't know. i thank the internet for teaching me how to buy and sell stocks. although i'm still a beginner at trading stocks, i've come a long way and i know a lot more than i use to be. i think if you have the heart and mind of a trader, you could be successful in the stock market even if the stock market is going down, up and sideways.
@ip5217 (1655)
• Philippines
15 Sep 10
That's good to hear. It's been a year now since you posted this response. I am curious; how's your trading activity now? Did it earn you big money? I hope it's doing well.
@Qaeyious (2361)
• United States
24 Oct 08
Indirectly - I invest in mutual funds. They are managed by people who buy and sell a combination stocks, bonds, and money markets, according to the investment strategy in the prospectus, a kind of contract of how they will invest. I do not have the confidence to invest in pure stocks yet, having to investigate the company, look through their reports, find out what they are doing and what they plan to do, what have you. There are other factors to look for in mutual funds, and I do not know if it is the same for pure stock investors - the big ones being sales charges, dealer commissions - I'm somewhat certain that the Expense Ratio is unique to mutual funds, but I'll let a qualified investment professional answer that one ... The only time I ever bought stock was when the company I work(ed) for offered it in their investment plans (ESIP or ESOP plans) -
@Fafner (68)
• United States
23 Oct 08
I am an active trader as well as an investor. Last December, I started selling stocks and moving money to cash. I now am looking at entry points to start buying. I have done very little buying so far, and the few stocks I have picked up I was probably too early on. In my opinion, the U.S. stock market will have another 6 months or more of falling or flat prices. There is plenty of time to research companies and wait for the right price. Right now I am reviewing financial statements looking for the strongest companies. I am looking for low debt and adequate free cash flow. The strong companies will come out of this slow down just fine, and may have opportunities to buy up weaker competitors. This is a good time to begin buying stocks, but it is very important to be selective, and not rush in.
@abyin007 (426)
• India
23 Oct 08
yes, i am an investor. markets r going down. i am in lose now. but its all becaose of international affairs so i am not frightned of it. its the best place to earn a lot and lose a lot. so u should guide them. tel ur boyfrd to make some good contact with some market research person.
@wangkai (798)
• China
23 Oct 08
yes.i still stay on the stock-market.because i have some money in it.i worry about it.