Any Investors Here?

370Zsteve · 05-21-2010, 06:00 AM

As you have seen over the past two weeks, the markets are very volatile right now.

The best advice I could give you is: Wait and see if prices continue to drop, watch the news especially regarding Europe, Greece, Spain, etc. When you think things are cooling off a bit, buy some stocks that have gone down significantly but represent a good deal (low P/E, lots of cash, little or no debt). If you do your homework you could reap significant gains.

If you are older like me (55) the above applies, but is weighted more towards blue chips with solid dividends. I just bought some Merck and some Johnson & Johnson.

05-21-2010, 06:00 AM	#11 (permalink)
370Zsteve A True Z Fanatic Join Date: Sep 2009 Location: Gold Coast CT Posts: 10,599 Drives: 2019 Corvette G.S. Rep Power: 44	As you have seen over the past two weeks, the markets are very volatile right now. The best advice I could give you is: Wait and see if prices continue to drop, watch the news especially regarding Europe, Greece, Spain, etc. When you think things are cooling off a bit, buy some stocks that have gone down significantly but represent a good deal (low P/E, lots of cash, little or no debt). If you do your homework you could reap significant gains. If you are older like me (55) the above applies, but is weighted more towards blue chips with solid dividends. I just bought some Merck and some Johnson & Johnson. __________________ SOLD MY Z MARCH 2018 - another Core OG moves on - new ride 2019 Z Corvette Grand Sport - no mods necessary but already have eyes on HFC and intakes LOL IT NEVER ENDS.