How can you keep up with the stock market with economic crisis going around?
An Anonymous User asked:
how can you play the stock market if there is an economic crisis is stirring? my mom just lost $300 in one day than abruptley changed to stable. Next 4 days it raised. economy is biting hard.. so what can we do..
like i donnu like do whatever you want..
Stay out of the stock market until things quiet down.
it is such a bad time to invest just now. the stock market hasn’t reached its lowest point yet. Even people like George Soros are having trouble making money in the financial markets, so it is in your best interest to stay out of the stock exchange.
Without all this turmoil, a stock will just sit there at the same price between earnings.
All the smart boys moved out of stocks and into cash long ago.Madness to be dabbling right now.It’s okay if you are buying a cheap stock with a long term hold otherwise stay out until new year