Are there any zinda dil investors out there? The markets down, most funds are posting losses and the economy is full of pessimism. I am thinking of taking another dive into the market. Any other bargain hunters out there? Even the blue chips are down, so I am certainly picking up a mutual fund, maybe some individual stocks like Ford, AOL/Time Warner. Please share your investing strategy.
I don't think this would be a good time for investment when market is globally in recession.
ADVICE FOR INVESTORS
Get in early, pulled out quickly!
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*Originally posted by Pakistani Tiger: *
ADVICE FOR INVESTORS
Get in early, pulled out quickly!
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Sounds more like a sexual advice!
Anyways looking at the current market condition it is not advisable to go long. The best strategy is to buy large quantity of stock, wait until it goes up a few pennies and then sell it. You will easily come out with at least $200/300. Do it a few times a day and you are all set. Also, try going short so that depressed markets will actually yield a profit. But remember that you cannot short a free-falling stock; you have to wait at least for a single up tick in the bid price.
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*Originally posted by seeker: *
Sounds more like a sexual advice!
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Depends on individual thinking! ;)
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*Originally posted by seeker: *
Sounds more like a sexual advice!
Anyways looking at the current market condition it is not advisable to go long. The best strategy is to buy large quantity of stock, wait until it goes up a few pennies and then sell it. You will easily come out with at least $200/300. Do it a few times a day and you are all set. Also, try going short so that depressed markets will actually yield a profit. But remember that you cannot short a free-falling stock; you have to wait at least for a single up tick in the bid price.
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Not bad advice seeker. Although a coworker of mine did the same thing over his vacation, and made some money but spent many sleepless nights. I may give it shot over a holiday weekend where I pull out before trading begins.
PT, your right but risk taking is part of the game. you win some, you lose some, in the end you hope for a capital gain. PT since your a patriotic Pakistani, hope you know that the KSE had the highest jump and the best performance in world :)
Any investors looking for solid mutual funds: Go for Growth & Income funds. They tend to be an excellent investment as the fund managers (read up on the prospectus) tend to invest in growth stocks in emerging sectors and since your earning dividends (you should be reinvesting them), you can enjoy the short run gains of dividends and long run capital gains.
Am I the only patriotic Pakistani around here?
About KSE, yes I know. 
If you are willing to take a risk, go ahead. I wish ya best luck :k:
Nahh one of the many patriotic Pakistanis. Thanks for the good luck! I have an appointment with my financial planner on Monday.
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*Originally posted by RajputFury: *
Nahh one of the many patriotic Pakistanis. Thanks for the good luck! I have an appointment with my financial planner on Monday.
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Hope, everythings works out in your way, Ameen :)