Due to the financial crash – is this a good time to buy stock at a low price? If so, how do I start buying stock? I’m new to this.
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Is This A Good Time To Buy Stock At A Low Price?8 comments to Is This A Good Time To Buy Stock At A Low Price? |
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The idea of buying when the market is low is very appealing. However, this is not a normal time in the stock market. You can buy now, but don’t invest anything you can’t afford to lose. Things could get a lot worse before they get better.
Truth is, no one knows what will happen tomorrow, next week or next month. Investing today might be the smartest thing you’ll ever do, or you might see three-quarters of your investment slip away to nothing. It all comes down to your own tolerance for risk.
There isn’t a bad time to start investing. What can be good or bad is how you choose your investments. Just letting some high-priced broker, or the TV pundits tell you what to buy, is dangerous. Do your homework. Know your investments. Stay diversified.
Just because a stock is at a low price does not mean it’s a good value. Know where you’re putting your money or you won’t know your money at all.
how much can you afford to lose?
any stock broker will take your money. you have to remember that he’s called a broker for a reason — that’s what you’ll probably be after doing business with him — broker.
yea
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Yes! if you have the money to invest and are willing to sit on the stock for awhile. funny things about when things are low, they can only go up!
That’s how you make money, sell you stock, waite for it to go down to reasonable price and buy it back!!
Are you willing to take the risk at this most risky time?
yeah … its the best time…