Ron Paul had something to do with Republicans rejecting the bill. Earlier today:
Posted by Skipper on Sep-29-2008 18:54:
quote:
Originally posted by mute79
that is what i said. markets haven't reflected the bailout, because it hasn't been approved by the congress yet. which is why i'm saying that i think now is the right time to throw money at an etf, right before markets swing upwards
Many analysts said that the market's open today would reflect what investors think of the bailout - regardless of whether it was approved or not. I think it was generally understood that once the details were hammered out on the weekend, it would pass. Markets opened down today before the vote, then plunged further once it got thrown out. I wouldn't be sinking my money into a bet that the market will respond positively in any significant way if it did pass. that's pretty risky given how unpredictable investor behavior is at the moment.
Posted by Naruepol on Oct-02-2008 05:19:
quote:
Originally posted by Skipper
Some other questions:
- what's your investment objective (retirement? income? when do you want to be able to cash out?)
- WHat's your risk tolerance (tied in with the above question partially)
- How often or how much time can you reasonably spend on your portfolio? Not everyone needs 2 screens and technical wizzardry to be a good investor)
- Are there any companies you want to avoid for ethical or other reasons - ie tobacco companies, mining, etc.
1) to have large a investment portfolio and own as many assets as possible.
2)i can handle the a loss, losing 3 or 4 is not big deal if ur 19. by paying it safe and going balanced on your portfolio is not the way successfully investors play the game. Balanced people go nowhere, they stay at the same spot.
3)All you need is good technical sckills and not to be afraid of losing money. People hate losing money and play it safe. they buy big houses, nice cars but not big investments.This why most people struggle financially they play not to lose.That is not a winning portfolio.
Thats why the rich get richer and the middle class and poor get poor.er
Posted by Skipper on Oct-02-2008 10:19:
that question was to the person who was asking about starting off in investing
