Stock Investing During Market Turbulence
Uncategorized No Comments »As of July 2009 the stock market is still well below the highs recorded in 2007. The stock market has rebounded noticeably from its March 2009 lows. Based on the current upturn toward partial recovery, you might think we are heading toward better times financially and that now would be the time to start investing again.
The fact is, we do not know. After all, the overall economy isn’t exactly stable. While housing sales are increasing on a monthly basis, the overall picture shows that sales are still below year-ago levels. The economy has suffered in many ways, unemployment being just one way (a most important indicator) and was last reported at around 9.5%, which is the worst it has been in more than 25 years. You may be thinking “buy low and sell high” and that this is the time to invest. But that doesn’t necessarily mean you should just call your broker tomorrow and start buying as many stocks, bonds and mutual funds as you can.