Going up?

September 18th, 2008 | No Comments | Posted in Stock Market

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.

stock market

Did I say that the Dow Jones gave up over 500 points on Monday? Well today it rebounded by ending the day up 410 points. Talk about “irrational exuberance”. What can we learn about the stock market based on the last couple of days? First, we know that news drives the market. The market rebounded today based on news that the government was ready to step in and save the day. Second, no one can call the top or the bottom of the market. So what do we do? If you are investing in the market and you have more than five years until you will be needing your money then just ride it out. When the market goes down consider everything on sale, and when the markets go up, you are reaping the benefits of staying calm.

Related Websites

StumbleUpon

Tags: Stock Market

If you enjoyed this post, consider subscribing to get the latest updates by RSS feed or if you prefer we will send updates directly to your Email.

How can your money work for you? -- You Need A Budget.

This entry was posted on Thursday, September 18th, 2008 at 7:17 pm and is filed under Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

RSS feed | Trackback URI

Comments »

No comments yet.

Note, comment moderation is enabled, and may explain why your comment does not immediately appear. I review and approve all comments as time permits.