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Old 10-06-2008, 03:50 PM   #10
Beer Can
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Quote:
Originally Posted by fuсk forum boredom View Post
to be fair the bank bailout has nothing to do with the markets; the market fluctuations (more like severe drops in the market) are a reflection of a lack of investor confidence. many investors are taking all/most of their money out of their stocks (which causes the prices to go down) and putting them into the treasury which offers very low yield but is STABLE

as more people do this, the market deflates further, and encourages more people to do it before they also lose their investments, which causes the market to deflate further, etc etc etc
That said, if you have no prior investments, now would actually be a decent time to make some investments, due to the really low prices.

However, the fine print is that you have to be careful in your choices. A company goes under, and you're pretty much SOL. Any company that rebounds from this, though... you could stand to make some very healthy returns in a few years.

But that's just me trying to have a sunny outlook on this HOLY CRAP UNDER TEN THOUSAND WE'RE FUCKED!
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