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harley1
26th October 2009, 13:11
just wanted some input here from some of the stock market guru's........i have some $ in a money market account for our simple 401k plan at work.i personaly think the market is falsely high and will burst and face reality,dropping back to where it belongs.would you wait as well,or pop it in now,and if so what would you buy? thanks....harley1

hiyosilver
26th October 2009, 22:13
IMO, you should've got out last week....but actually, you should've got out a year and half ago....sorry, but you asked....

Katwoman
27th October 2009, 04:24
The market will rally if there is inflation and there will be inflation so in the long run the "prices" of stocks will go up. But unlike PMs you risk the loss of your entire original investment. That said diversity is always a good thing. The NASADQ will most likely out perform the DOW going forward so if i were going to play with equities this is where I would park my money. Of course I would not invest anything in equities I could not afford to to lose.

harley1
27th October 2009, 12:29
thanks kat

hiyosilver
28th October 2009, 23:30
I'm thinking any 401k is losing it's butt, along with 95% of long stock holders. Well, I warned people this was coming, dead on to the day....