Quicklynx
New member
With the way the market is right now, it's a horrible idea to invest because you don't know when it will go up or down, however, as history shows when the market crashes it goes up, and it goes up fast!!! People got rich in the late 80's riding the stock market after it had a crash then.
I guess what I'm asking is instead of spending money on car parts, and making a fast car, I'm thinking about saving it, and come late December, reinvesting it into the market in hopes I'll bank in at a low. I know no one can tell when it will go up again, if at all, but December, from my research seems roughly like what would be a good buy in time. They suspect that the market could slowly start to recover next spring and summer, and maybe within 2-5 years rocket up as history shows.
Again this is merely hedge fund and stock analysts that say this, and as the record shows..... they've been less than accurate on much of the market.
In news, safes have been the new hot product as of late. Everyone has been pulling their money out of all their accounts and putting it in a safe. Sound familiar??? This is what happened when people heard of the market crashing in 1929, and it really plummeted after that. The dow almost hit another 700 points in the negative today.
I think I'm going to stash my money (all of it that I can) and start investing and risking it in a few months. Sound like a plan?
I guess what I'm asking is instead of spending money on car parts, and making a fast car, I'm thinking about saving it, and come late December, reinvesting it into the market in hopes I'll bank in at a low. I know no one can tell when it will go up again, if at all, but December, from my research seems roughly like what would be a good buy in time. They suspect that the market could slowly start to recover next spring and summer, and maybe within 2-5 years rocket up as history shows.
Again this is merely hedge fund and stock analysts that say this, and as the record shows..... they've been less than accurate on much of the market.
In news, safes have been the new hot product as of late. Everyone has been pulling their money out of all their accounts and putting it in a safe. Sound familiar??? This is what happened when people heard of the market crashing in 1929, and it really plummeted after that. The dow almost hit another 700 points in the negative today.
I think I'm going to stash my money (all of it that I can) and start investing and risking it in a few months. Sound like a plan?
