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  1. #1
    Senior Member
    Join Date
    Nov 2009
    MBTI
    INFP
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    470

    Default If you're in the stock market, keep in mind

    [YOUTUBE="http://www.youtube.com/watch?v=OHy9gHO-IcA"]http://www.youtube.com/watch?v=OHy9gHO-IcA[/YOUTUBE]
    [YOUTUBE="http://www.youtube.com/watch?v=gWBZ-Mljg5g"]http://www.youtube.com/watch?v=gWBZ-Mljg5g[/YOUTUBE]

  2. #2
    FRACTALICIOUS phobik's Avatar
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    Apr 2009
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    7,367

    Default

    IT's been a few months, so did the predictions confirm?

  3. #3
    Oberon
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    We haven't crashed yet. Last week I moved my whole 401K into a bond fund. There's no safe refuge from a general downturn, and my choices of retirement funds were limited by the investment brokerage that my company uses, but I did what I could. People tend to flee into bonds when stocks drop, so I figured that the JP Morgan bond fund I'm in was my best choice.

    The company stock I'd bought is overvalued now anyhow, at 58.40. I bought in two years ago at 21, so that was a nice ride, but it was time to get out.

  4. #4
    Glowy Goopy Goodness The_Liquid_Laser's Avatar
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    Jul 2007
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    ENTP
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    Default

    Heh, technically the recession is over, according to the definition of recession that is. I've thought this for a while and I still think this, but I'm pretty sure our recovery is going to be so slow and gradual that it will seem like we're in a recession for several years. I don't expect us to return to full employment for years and the stock market may never recover. I wouldn't use the stock market as an indictor for the economy as a whole anymore. It's conceivable that the economy would be doing just fine while the stock market looks pathetic (and I gradually think we are heading in that direction).
    My wife and I made a game to teach kids about nutrition. Please try our game and vote for us to win. (Voting period: July 14 - August 14)
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  5. #5
    FRACTALICIOUS phobik's Avatar
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    Apr 2009
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    Is stock market investment advised for ENTP's at all? While we can notice patterns and relate stuff, I wonder about that whole future sight aspect, Ni does.

  6. #6
    Oberon
    Guest

    Default

    My general approach to the stock market, were I able to actually dabble, would be to pick stocks based on dividends rather than on guesses about what the stock market's going to do. I would buy and hold with older, well-capitalized manufacturing firms that make simple tangible objects. Proctor & Gamble would be a good example.

    I'd buy and hold long-term and plow the dividends back into the fund. I'm not interested in "playing" the market... the transaction decisions I've made with my 401K were not out of a desire to speculate, but out of self-defense.

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