mint.com — The recession has inspired more people to look for the lessons behind the wreckage, perhaps to better fortify themselves against future downturns. So today, we will turn our attention to 10 lessons any consumer or investor can absorb from the current and maddeningly long bear market.
Sep 9, 2009 View in Crawl 4
undervaluedSep 10, 2009
My stocks quadrupled in value in the last 3 months, not feeling so bearish.
Closed AccountSep 10, 2009
The only lesson to be learned is keep your'e money out of the stock market fool!
pschkqitzsoughSep 10, 2009
Fools should yes, but making money on the way down is fun too with short selling.I'm waiting patiently for this crazy rally to start to fizzle. Should be within a month or two and a big leg down is coming.
Closed AccountSep 10, 2009
until the next crash then you have zero or maybe less than zero. And I don't have my money in a bank.
pschkqitzsoughSep 11, 2009
Dup you obviously have never invested in the stock market... You can't ever lose more than you put in unless you sell short (because you technically don't invest anything in the first place you sell first then try to buy back lower than you bought).I've doubled my money many many times in the stock market which is something that takes nearly a lifetime to do one time in the highest yield bank on the planet......If you don't know what you're doing never put money in the market, but it's really not that hard to figure out. There truly are times that you can find a sure bet. The next sure bet will be on a big correction coming in the market. It might happen two months from now or a year from now, but it WILL happen. Don't try to guess the top watch for it and you can get rich shorting from the top. I did it last Sep. going nearly all in short on SHLD Sears Holdings over 100 and watched it crash to the low 20s..
Closed AccountSep 11, 2009
Nope I have lost money in the stock market just as most small investors lose money in stocks. Now I just go to Vegas and roll the dice.