buy low sell high?
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written by GC on 2008-Oct-01.
so now that markets are crashing wouldn't it be a great time to buy some stocks and real estate?
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feels like its been crashing for weeks. a bottomless pit. how low can it go?
by owen 2008-Oct-01
ah, therein lies the rub
nobody knows
suppose this is the end of the stock market just like it's the end of the newspaper?
Yes, the newspaper has died--they just don't know it yet.
by Gods Child 2008-Oct-02
back to the stone age of copper and gold coins. Newspapers are not dead they are just uncool. [misc]
by owen 2008-Oct-02
It seems like it would be a good time to me. I'm sure that most people know that too. Why then are people not buying? What do they know that we don't know? Perhaps they are just waiting on us to buy! GS, lets you and I go buy some stock, girl! Maybe we'll get on TV as the people who started the recovery! Or maybe as the fools who threw good money after bad, but either way, we'd be on TV! What do you say. Leno! Letterman! Lets go!!!! [congrats]
by Mad Bull 2008-Oct-01
that's what I'm talking about
I should probably change my 401K contributions to get in more of those funds that are selling so cheaply right now
I mean, JPMorgan and Citibank bought out those other banks, right? It wasn't out of the goodness of their hearts.
by Gods Child 2008-Oct-02
At times, when everyone is running away from the fire screaming and crying out for help,that is the time for some individuals to boldly run in. And although they make experience smoke,heat and excessive flames, they may in the medium term come out looking very good financially.A caveat!!One has to be highly capitalized and extremely bold like a Warren Buffet.
by ESTEBAN AGOSTO REID 2008-Oct-02
real estate... yeah (i think)
by ruthibelle 2008-Oct-02
If you think the market has corrected and you have the capital to withstand additional substantial fall then now might be a good time. If you are poor like myself you don't try to predict the market. I would say in this case follow don't lead. Let the big boys (sharks) call the shots and stay behind them if you are a mere fish. You know what they say bout sharks eating the fish. The market will start moving once they decided.
Also depends on which market you are talking about. Is real estate market declined in Jamaica?.
by Dutty Bwoy 2008-Oct-08
Yes, it's a great time to buy in the financial markets. If you went to Macy's and they were having a big sale, wouldn't you get some things at 1/2 off? Same concept. :)
I dunno nudding about buying real estate, but I presume that if you have the capital and can come up with the ridiculous downpayments they want now, then it would be a pretty good time to buy property as well.
It's a great time to rent though! Especially if you're renting from a new homeowner. They'll discount the rent to have guaranteed income for their mortgage, so bargain.
by Oshun 2008-Oct-09
Blue chip stocks and real estate in appreciating locations - definitely. Pool and buy even a studio - don't use the US as a deterrent - Jamaica is small,has good locations and nobody can manufacture land!
by nita 2008-Oct-18