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Offline Abben

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buying stocks?
« on: March 02, 2009, 08:29:45 PM »
I do not know anything about the stock market. But I see that citi group shares are at $1.20 is it the right time to buy some shares? I think so 'cause the govt will help them out. What does everyone else thinks thanks
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Offline New Yorker

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Re: buying stocks?
« Reply #1 on: March 02, 2009, 08:49:51 PM »

Buy real estate, at least then you have something tangible that you truly have control of.
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Offline briann

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Re: buying stocks?
« Reply #2 on: March 02, 2009, 09:16:20 PM »
Quote from: New Yorker on March 02, 2009, 08:49:51 PM

Buy real estate, at least then you have something tangible that you truly have control of.

NO NO NO.  Real estate is not even near its bottom.  Trust me on this.  I am 99% sure of this.

As far as stocks... .Im 90% sure it is not near its bottom.   BUT.... if you are in it for the LONG term (>10 years)... these prices are good.

As far as banks... the prices are low... because of the high probability of these banks going bankrupt, and the stocks becoming 0$/share.  If you invest in banks right now... be aware that you are gambling with something that COULD potentially become worth zero.

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Offline Tzvi Ben Roshel1

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Re: buying stocks?
« Reply #3 on: March 02, 2009, 09:18:35 PM »
Wait till it hits @ around 4,000
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The Academy of Elijah taught, whoever studies the laws (of the Torah) every day, (he) is guaranteed to have a share in the World to Come.

‏119:139 צִמְּתַתְנִי קִנְאָתִי כִּישָׁכְחוּ דְבָרֶיךָ צָרָי
My zeal incenses me, for my adversaries have forgotten Your words.
‏119:141 צָעִיר אָנֹכִי וְנִבְזֶה פִּקֻּדֶיךָ, לֹא שָׁכָחְתִּי.
 I am young and despised; I have not forgotten Your precepts.

" A fool does not realize, and an unwise person does not understand this (i.e. the following:) When the wicked bloom like grass, and the evildoers blossom (i.e. when they seem extremly successful), it is to destroy them forever (i.e. they are rewarded for their few good deeds in this World, and they will have no portion in the World to Come!)

Please visit: (The Greatest lectures on Earth).
http://torahanytime.com/
http://www.torahanytime.com/Rabbi/Yossi_Mizrachi/
http://www.torahanytime.com/Rabbi/Zecharia_Wallerstein/

Offline cjd

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Re: buying stocks?
« Reply #4 on: March 02, 2009, 09:26:48 PM »
Quote from: Tzvi Ben Roshel on March 02, 2009, 09:18:35 PM
Wait till it hits @ around 4,000
Buy only if your very young! I may take 30 years to see any increase in your investment. People are not going to flock back to the markets for some time to come after being burned.
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Offline Abben

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Re: buying stocks?
« Reply #5 on: March 02, 2009, 09:32:30 PM »
thanks for the replies. I do not think citi group will fail. Other banks yes.
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