Is The Economy Sinking?

I have been watching the stock markets very closely and my head still is spinning. I'm not sure how to read our current crisis. It seems to me that one day the stock market is rocking, and then the next day it's not. The Dow's average doesn't seem to be moving anywhere. Are stocks at a bargain price right now? There not if the market doesn't start rising again.

My suggestion right now is to move a good portion of your stocks in to money market accounts or Cd's. At least you will earn some interest in these type of accounts. Keep some of your money riding in the stock market, but keep a large portion of it earning some interest for you. If you see the stock market on a steady increase, then move more money in to stocks. I still think that mutual funds is your best bet because you keep your money diversified. The old saying use to be " when interest rates are low, stocks will grow". I don't think that holds true today. Interest rates have been down for a long time and the stock market is not growing! The stock market has been stagnate. So for now, just sit back and keep your eyes and ears open. Wait for your best possible opportunity, and then jump in.

To your Success.

The DOW Roller Coaster Ride!

Watching the DOW Jones Industrial these days is like riding a roller coaster. One day its down and the next day it's up. I guess that we just have to take the ride and see where it lets us off. I hope that some day it will settle down and start to take us for a steady ride. All the experts are saying that the recession has peaked. I'm not sure what that means, but maybe the economy will start to settle out and grow at a sustainable rate. Hopefully the stock markets will start to show a steady return and all of our investments will be on the rise again. Until then, we'll just have to ride the roller coaster until we can get off. Hopefully all of us won't be getting sick! I wish everyone good health and happy investing! Until next time, ride the roller coaster.

Happy Investing!

The DOW up 3 days in a row!

It sure is nice seeing the DOW up 3 days in a row. I'm not sure what that means, but maybe it's a sign that the economy is going in the right way. This doesn't mean that the recession is over, but I think that it is a good time to start to buy mutual fund shares. I never stopped through out this whole economy turn down. I know that if the US thrives once again, my mutual funds will be a great investment. I have never been one to buy individual stocks because the risk is to great. Besides, I don't like to have all my eggs in one basket. Now is the time to start building up your net worth. I think CITI Bank showing a profit has the bulls running once again.