Is it a good time to invest in the stock market?
(We never invested in the stock market and now that it is down, we are thinking to invest around 20K, all of our savings. is it a good time?)
Answer :
The stock market is like gambling at a casino. You can have runs of luck and a few people get really lucky, but most little players get hurt.
The only sure thing is investing in foreign currency like the Japanese Yen or Euro. They always have and always will become more valuable as the dollar goes down in value.
Those two economies don’t use inflation to pay off today’s debts. Since WWII the US has used inflation / deflation of the dollar, to pay off the national debt. It is easier to pay off a debt in the future with dollars worth only 50 cents.
Posted: August 1st, 2010 under US Stock Market.
Tags: invest in the stock market, Stock market