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#1
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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
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#2
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IMO, you should've got out last week....but actually, you should've got out a year and half ago....sorry, but you asked....
__________________
TRUTH is not dependent on one's belief of it... John 14:6 Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me. "Get Real" Last edited by hiyosilver : 26th October 2009 at 23:15. |
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#3
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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.
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#4
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thanks kat
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#5
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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....
__________________
TRUTH is not dependent on one's belief of it... John 14:6 Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me. "Get Real" |
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