How Low Can It Go?

if you look at history when the market goes up and down in wild swings they called them suckers rallys in the great depression.this is now a mini depression the stock market is like a casino it will let you win a little but take every dime you have before you know what hit you

i have a friend who has made a lot of money and is retired he says now is the time to invest.cause the market always comes back.

i have a friend who has made a lot of money and is retired he says now is the time to invest.cause the market always comes back.

That is true but for retired people with all their savings in the market they are getting hammered. Most people do not realize that as you start to get close to retiring you should move your money to fixed products so you know its safe. Then maybe keep some made money in the market to play around with.

I've begun to increase my monthly contributions to my retirement accounts and to my daughter's 529 (she's 2).

Now is a very smart time to steadily buy back in - if you have 10 years or more before you need the money.

where else can a person put money ? real estate is cheap again

Call me an optimist, but I do not see it going below 6000. This is going to rebound soon.

i'd assume companies like GE or whatnot could be good buys.

Microsoft is pretty low too, there's a lot of bargains out there, the question is how much lower are things going to go?

I have an asshole too and I am capable of taking a dump.That's good news, glad to hear it. :Flush:
The good news is Mr. Black won't pay just 15% capital gains tax on his income, and Delphi Management will be regulated and their investments portfolio will become transparent.Increasing the capital gains tax in the middle of a severe recession isn't good news and is a factor keeping the market in its downward spiral. Over-regulation isn't a good thing, transparency is.

Haters are out in full force, Lord Obama warned us about people like Mr. Black.Mr. Black's response was no shock, as I'm sure most folks on Wall Street and those who understand the economy and invesments feel the same way. However the fact that USA Today quoted him and printed it on the front page is surprising.

I have an asshole too and I am capable of taking a dump. The good news is Mr. Black won't pay just 15% capital gains tax on his income, and Delphi Management will be regulated and their investments portfolio will become transparent.

Haters are out in full force, Lord Obama warned us about people like Mr. Black.

What I don't understand is why Mr. Black is saying that this tanking is Obama's fault...............this market has been tanking for a year now. Obama just got here. If anything its Black's fault! He's been working there this whole time!