Palerider Posted January 3, 2009 Report Share Posted January 3, 2009 I read this article and curious what others have to say....Bloomberg.com: Worldwide Quote Link to comment Share on other sites More sharing options...
BenRaines Posted January 3, 2009 Report Share Posted January 3, 2009 I am by no means a know it all but the S&P 500 is up 20% from the bottom hit in November. How many sold out in October and November and have missed on the upturn in the market? Not saying that you should jump all back in to the market but saying that you can't time the market. Ben Raines Quote Link to comment Share on other sites More sharing options...
Palerider Posted January 3, 2009 Author Report Share Posted January 3, 2009 this article also states....the market had the biggest opening day since 2003 if I read it right.... Quote Link to comment Share on other sites More sharing options...
Palerider Posted January 3, 2009 Author Report Share Posted January 3, 2009 I am by no means a know it all but the S&P 500 is up 20% from the bottom hit in November. How many sold out in October and November and have missed on the upturn in the market?Not saying that you should jump all back in to the market but saying that you can't time the market.Ben Raines let me ask a dumg question....how much money does it take to get started buying stocks or playing the market???? Quote Link to comment Share on other sites More sharing options...
BenRaines Posted January 3, 2009 Report Share Posted January 3, 2009 First of all there is no playing in the market. It is serious work. I hear that term often so not after you for it Pale. You can buy an index fund at Fidelity or Schwab for about $2,500 and then add $100 a month to dollar cost average in to the market. Ben Raines Quote Link to comment Share on other sites More sharing options...
Palerider Posted January 3, 2009 Author Report Share Posted January 3, 2009 First of all there is no playing in the market. It is serious work. I hear that term often so not after you for it Pale. You can buy an index fund at Fidelity or Schwab for about $2,500 and then add $100 a month to dollar cost average in to the market.Ben Raines so if someone had 500 dollars they could not get into it or buy stock in a company?? such as walmart Quote Link to comment Share on other sites More sharing options...
BenRaines Posted January 3, 2009 Report Share Posted January 3, 2009 You could. Try one of the online firms like ETrade. I don't think they have a minimum and the trade cost is minimal. Also do not need account maintenance fees. Ben Raines Quote Link to comment Share on other sites More sharing options...
Palerider Posted January 3, 2009 Author Report Share Posted January 3, 2009 You could. Try one of the online firms like ETrade. I don't think they have a minimum and the trade cost is minimal. Also do not need account maintenance fees.Ben Raines I am not very smart when it comes to the market and always wanted to ask those questions...Thanks Quote Link to comment Share on other sites More sharing options...
BenRaines Posted January 3, 2009 Report Share Posted January 3, 2009 Anytime. Ben Raines (I need to get my count up) Quote Link to comment Share on other sites More sharing options...
Lbybug Posted January 3, 2009 Report Share Posted January 3, 2009 lol good job ben. you should start a "ask ben" thread...and people can ask you all the questions they've always wanted to know, but were afraid to ask. Quote Link to comment Share on other sites More sharing options...
BenRaines Posted January 3, 2009 Report Share Posted January 3, 2009 Free advice is worth just what is paid for it. :) Ben Raines aka I need more posts Quote Link to comment Share on other sites More sharing options...
Palerider Posted January 3, 2009 Author Report Share Posted January 3, 2009 Lol!!!!!!!!!!!!!!!!!!!!!!........ Quote Link to comment Share on other sites More sharing options...
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