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To: Gamecock
Stocks are on sale!

I hate that cliche. Stocks are not pork chops. They do not go on sale. The stock prices reflect what most people think they are worth at this time believing that the economy is about to get worse. They are not a bargain. It's a bad idea to buy stocks the same way you buy sale items at the grocery store. They are different things.

104 posted on 10/09/2008 2:00:27 PM PDT by Reeses (Leftism is powered by the evil force of envy.)
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To: Reeses
The stock prices reflect what most people think they are worth

And how's that different than pork chops again?

109 posted on 10/09/2008 2:05:48 PM PDT by Cedric
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To: Reeses

But at some point people will think they are worth more and prices will rise.

Buying shares of fundamentally sound companies when the price is low is how one makes money.


155 posted on 10/09/2008 10:29:32 PM PDT by Gamecock (Sadistic preachers don't talk about Hell.)
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