Question:

I invested to AXA last year with the promise that it will earn bigger interest only to find out it will not?

by  |  earlier

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Do I have to withdraw my investment or wait for some time to get back my losses?

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4 ANSWERS


  1. Wait. The market always comes back. You should know by now that it is impossible to guarantee a return, unless you buy a CD or something similar to that.


  2. The market is not performing well.... so neither are investments using stocks.

    There is one major concern;

    Taking your "investing" money to either a bank or insurance company is generally a poor decision. They tend to have the largest fees (both visible and hidden) and the poorest level of advice.

    If your investment uses the words "variable annuity" you've helped your representative earn the highest commission possible. The so called "tax advantages" are lost in the hidden fees and not being taxed at the "capital gains" rate when you close the investment in 5, 10, 15, 20+ years.

  3. Even Warren Buffet is taking a pounding in this market

    If a stock is good and meets your need, add to your position now, or dump out

    http://moneycentral.msn.com/investor/res...

  4. What do you know about the company?  If they have a good product, and are managaged effectively, perhaps their stock price will go back up.  Then again, perhaps it is time to get out and limit your losses.

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