Is This a Good Time to Buy Stock?

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_just me
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Is This a Good Time to Buy Stock?

Post by _just me »

Is anyone thinking about taking advantage of the dip in the stock market?

I'm on the fence about it.
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_Doctor Steuss
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Re: Is This a Good Time to Buy Stock?

Post by _Doctor Steuss »

I'm no financial guru, but...

If you plan on holding it for at least a decade, just about any time is a good time to buy stock.

Right now, I'd probably just stick to Blue Chips though.
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_Bach
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Re: Is This a Good Time to Buy Stock?

Post by _Bach »

just me wrote:Is anyone thinking about taking advantage of the dip in the stock market?

I'm on the fence about it.


What dip? Market is up right now? Oooops!!!
_just me
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Re: Is This a Good Time to Buy Stock?

Post by _just me »

Bach wrote:
just me wrote:Is anyone thinking about taking advantage of the dip in the stock market?

I'm on the fence about it.


What dip? Market is up right now? Oooops!!!


:question:

Yesterday the news was that the market was down, except gold. This morning over at CNN Money they are showing the market as down. So, whatever.
~Those who benefit from the status quo always attribute inequities to the choices of the underdog.~Ann Crittenden
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_Doctor Steuss
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Re: Is This a Good Time to Buy Stock?

Post by _Doctor Steuss »

Bach wrote:What dip? Market is up right now? Oooops!!!

Which trading platform are you using? I show that Nasdaq, Dow, and S&P are all still slightly down.

Ironically, most major banks are up.
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_Analytics
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Re: Is This a Good Time to Buy Stock?

Post by _Analytics »

It seems to me that if Trump starts a trade war with Mexico and China like he basically promised, that would lead to a serious recession. So if he was serious about his resolve to do that, then now might be a great time to liquidate part of your portfolio.

It's also a good time to consider getting out of health insurance stock and pharma stock. If Obamacare is simply repealed, perhaps 15 million people will lose their health insurance. This will lead to less care being delivered, and more of the care that is delivered done for free. Premiums will go up for those who still have insurance. Healthcare providers are going to loose some business. More people will go bankrupt do to health emergencies. Unwinding Obamacare will be difficult, and more companies that offer health insurance will leave the market.

In the end, I really don't know what Trump will do. Much of what he promised is simply impossible. That being the case, what will he actually do? What effect with that actually have on the economy? The next 4 years will be interesting.
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_Doctor Steuss
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Re: Is This a Good Time to Buy Stock?

Post by _Doctor Steuss »

Analytics wrote:It's also a good time to consider getting out of [...] pharma stock.

One of the things that surprised me is Pfizer seems to be one of the most popular performers so far today.
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_Analytics
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Re: Is This a Good Time to Buy Stock?

Post by _Analytics »

Doctor Steuss wrote:
Analytics wrote:It's also a good time to consider getting out of [...] pharma stock.

One of the things that surprised me is Pfizer seems to be one of the most popular performers so far today.


I really don't understand stock movements. I have measured respect for the wisdom of the market, but it is often difficult to really understand what is driving specific movements.
It’s relatively easy to agree that only Homo sapiens can speak about things that don’t really exist, and believe six impossible things before breakfast. You could never convince a monkey to give you a banana by promising him limitless bananas after death in monkey heaven.

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_Maxine Waters
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Re: Is This a Good Time to Buy Stock?

Post by _Maxine Waters »

That being the case, what will he actually do? What effect with that actually have on the economy?


EAllusion was calling for a recession in less than 4 years under the assumption of a Clinton victory.
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This liberal would be about socializing ... uh, umm. ... Would be about, basically, taking over, and the government running all of your companies.
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Re: Is This a Good Time to Buy Stock?

Post by _Jersey Girl »

just me wrote:Is anyone thinking about taking advantage of the dip in the stock market?

I'm on the fence about it.


We have stocks but believe me, I'm not the wizard behind that screen. But it seems to me that it might be a good time to do so right now? I sure cannot recommend any though.
Failure is not falling down but refusing to get up.
Chinese Proverb
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