with stock prices getting cheaper, i think i should start buying up some stocks and when the market bounces ill be rich ^_^.

i heard gm price hasnt been this low since the 1950's

I actually misread this as a 'good time to buy some socks' (no, really) so I'm slightly disappointed, but now I'm here, here's my considered opinion, for what it's worth:

DON'T BUY S.H.one.T.!

I wouldn't advise on the car companies for a stock purchase. Despite he fact that Ford and GM are starting to come up with more and better eco-friendly technology than the Japanese companies ( Desperation can do wonderful things for a company's market focus. ), they're still fighting against a major predisposition of American consumers to think they're backwards gas guzzlers. Maybe in a year or two they'll start rising again, but unless you've got the extra money to leave sitting around in a stock that's not moving in the short term, I'd think about something else. Technologies, and internet companies are almost always a good bet since most of them are American so they have depressed values but room for growth since it's the internet and it's perpetually expanding. Similarly, the other major part of the American market that's doing pretty well is the entertainment sector.

Invest in oil and other commodities.

ozoneocean
Invest in oil and other commodities.

Enron sounds pretty solid.

invest in gold and rice

Red Slayer

ozoneocean
Invest in oil and other commodities.

Enron sounds pretty solid.

Ho ho ho :P

Actualy, defence industries might be a good bet… General Electric is a nice monster company that makes MS look like baby stuff. Started with Edison funnily enough.

lothar
invest in gold and rice

Or golden rice :)

Though agriculture isn't that great a bet… lots of competition and prone to every natural disaster you can think off.

Do it half and half. Half on gold/silver related assets and half on paper assets (stocks, bonds, mutual funds, etc.) Just playing safe.

Invest in breweries. People are always drinking, especially more now than in previous years.

Whatever you do, follow the golden investment rule: diversify, diversify, diversify! Never put all your “eggs” in one basket. B)

campbell soup- their stocks didn't drop during the crash.



You could try to get some google stocks.

they rose up really high when I was in high school, and i'm guessing the same would happen.

:/

We actually had someone come in to work to talk to us about this because people were starting to try to cash out their 401Ks and he tried to tell us that if we invested more money in the market now in about 5 to 10 years it should in theory triple or more. But don't expect to see much this year or the next, he also said DON'T PANIC! But don't buy bonds, just stocks he said, because bonds are you loaning the company your money with the promise of returns. Of course this is this guy's profession so I don't know if we can trust him or not.

Mushroomcomix
We actually had someone come in to work to talk to us about this because people were starting to try to cash out their 401Ks and he tried to tell us that if we invested more money in the market now in about 5 to 10 years it should in theory triple or more. But don't expect to see much this year or the next, he also said DON'T PANIC! But don't buy bonds, just stocks he said, because bonds are you loaning the company your money with the promise of returns. Of course this is this guy's profession so I don't know if we can trust him or not.

If you get to hear about it, it's no good. The city guys keep all the good stuff for themselves.