What is the stock market like these days?
（Curious to know if its a good idea to jump in the stock market at this time.
I’m currently looking into penny stocks, do you think its a great idea to risk some money for a quick return?）
Answer ：
right now the market is very shaky. I have never thought it wise to gamble on the market for quick returns and with uncertain futures and credit becoming even harder to obtain I think that these penny stocks will suffer because they will have less access to borrow money. I do feel however that the market right now is a good investment vehicle for long term returns. I believe that the market will ride out and correct itself in the coming months and give investors an opportunity to get some great “bargains” on blue chip and mid-cap stocks.
Posted: July 27th, 2010 under US Stock Market.
Tags: Stock market