What do you think of the current stock market and dollar value?

Question

What do you think of the current stock market and dollar value?

Answer 1

its a great time to invest......houses/real estate are dirt cheap, the stock market is in the crapper.  its best to invest when things are low.......sure they may go lower. everyone is waiting for it to get better, do that and the opportunity is lost.

im buying......

Answer 2

How's your day?

Another day, another dollar,

this crummy market makes me holler

my life savings, my family’s wealth

and with it goes my fragile health.

The Dow mocks my every move,

my financial wealth does not improve.

The nasdaq too falls like a shot,

and with it takes, my oft dreamt yacht.

The S & P and Russell too

seem as if they had the flu.

While oil and gas, and land and gold,

Those are what, last year I sold.

I want to scream and cry and shout

what is this market all about?

I wish I may, I wish I might

See all my stocks go up tonight.

Tis not to be, at least not lately.

Their grand decline appears quite stately.

A dollar here, a quarter there,

soon I’ll not have a shirt to spare.

Visions of when I was a kid

and down the hill, on snow I slid

g*y and happy, and out of school

unaware at all of just how cruel

Life could be, in my old age.

All those years, my working wage

hardly won, and carefully saved

the road to my retirement paved

only to see, like the Goodyear blimp

as gas escapes, just going limp

my whole future, all my dreams

evaporating, with dying screams.

My golden years, my dream vacations

to distant lands, exotic locations

are leaving in a puff of smoke

was life really a just a joke?

So how’s your day, ya feelin’ grand?

What’s the future you have planned?

Ya workin’ hard, savin’ your pennies,

Hoping next year they’ll turn into twenties?

Yeah, sure, okay, I guess they may

Don’t always happen but hey

you may be different, you may be lucky

and not wallow in a pig pen mucky

So go ahead, work all your life

through all the sweat, and tears and strife.

Buy your stocks and bonds and futures

but don’t lose your portfolio sutures

To keep it together, happy and growing

with Walmart, Google, ML and Boeing

and GM and Yahoo and Honda and Ford

and maybe some Nissan also on board.

So have a good day, really quite grand

in fact, they ought to strike up the band

to cheer you on, make you happy,

(that’s the end of this tale, so sappy).

Lin Lyons  2005

Answer 3

Unless you plan on retiring within a few weeks, the market is a bargain currently.

Answer 4

It's a GOLDEN opportunity for those in it for the long haul. The lower the Blue chip stocks go, the better for the long term investor because when the market does rebound (it ALWAYS does) they will make a fortune.

Answer 5

I thought it was too high when the DOW went up 1,000 points in a few weeks over a year ago and I pulled out and went to cash.  Seemed me they were ignoring all the talk about housing problems and credit and loan problems. They did ignore it and were wrong.  

I disagree about the "ups and downs" Pollyanna talk.

I get over 5% in my MM and have for over a year and now the market is down about 20%.

That leaves me 25% AHEAD of riding it down, I have 25% more money than if I just left it. I don't call that insignificant.  

Look at those that invested in the Nasdaq stocks in 2000. They are STILL down 50% and a lot of stocks went under completely.

I think things are not looking "good" yet and I am waiting on the sidelines until they do.

The typical Bear market falls 25%. That is average and half go down much more. But historically we are looking at least another 5% fall from here, on "average".

I will say, every Bear market has been connected to a reccession. But so far in that regard it is mild if we do "technically" fall in to one.

I read recently that GDP, being "core" inflation adjusted may seem positive.

BUT if you include food and energy prices we HAVE been in recession since the fourth quarter of last year.  To say we are not in a recession means you have to believe that oil and food prices are going to fall back to prior levels.

I think we will never see oil prices even close to where they were.

A falling dollar IS inflation. I believe that inflation driven by deficit spending is taxation. I believe the Republicans would rather inflate the dollar than pay taxes because the richest 5% owns 50% of ALL the hard assets in the country and those will inflate.

It is the majority that gets hurt, gets "taxed" in this round about way.

I do think things, like the falling dollar, will not change until major changes are made.

My current opinion is rather negative.

Answer 6

The major averages just fell into bear market territory, meaning they are down 20% already and they all lost long-term support. This means long-term support is going to turn into resistance for the next 8-12 months. In simpler terms, the market will most likely be higher in the next year than where it is today.

If you look at the banks and housing, it's as bad as it's been in the last 30 years. In addition, we just had the worst June since the Great Depression-- that should tell you something right there!

Answer 7

Ive been trying to get a job EVERYWHERE!! Its pretty hard.

Answer 8

Obviously, both the stock market and value of the US dollar are in serious trouble.  However, there are several other factors that may stimulate a positive reaction to the market within the next 12 months.  A lot depends on the outcome of the November election and who will be leading this country.  The sub prime lending crisis will continue until homeowner retention becomes stable and lenders are once again making a profit.  Once this occurs property values will begin to rise and current vacant housing inventories will be sold to the highest bidders, sparking a frenzy among investors taking advantage of low prices.  Then the economy will show signs of growth in jobs, and gross national product.

Answer 9

I honestly think that it's irrelevant.  Most people don't invest their money with a 6 or 12 month time horizon.  So, if we know that we are investing for the long term then it doesn't really matter what happens today, or this week, or over the past year.  If you can invest your money and keep your focus on the end goal you'll be a lot happier investor and will more often than not have more money in your portfolio in the end.

Answer 10

money needs to be worth more

Answer 11

Both US markets and the US dollar (USD) are in a decline.  USD is declining as we have lower interest rates compared to the rest of the world, mainly against the euro.  ECB (their comparative central bank) just raised rated to 4.25%.  Our Fed determined rates are 2%.

Fed has reduced rates to stimulate growth in our economy plus attempt to help to belegared homeowners on adjustable rate loans.  Problem is, we have increasing inflation from commodities, oil, gas, food.

The ECB has decided to head this off by raising rates to 4.25% while the Fed is hamstrung.  In order to not appear political and influence elections, forthcoming they will take no action until the end of the year.

The dollar is weaker.  Oil is traded in dollars, so as such it's cheaper to those countries with stronger currencies.  

The market swoons as a result.  Oil and thus as a derivative, gas prices rise cutting off consumer spending.  Real estate has been a mess since late 2006, and now consumers can't use their HELOC's to pull out money for discretionary spending.  Plus they are hammered by higher oil, and food prices.  Financial stocks are still lowering values on investments/loans related to real estate...

Not a pretty picture.

The Dow will probably plunge through the 11K level and eventually end the end of the year around the 10K level.  Not until growth slows world wide outside of the US, we will see the slowing of commodity inflation which due to demand destruction will slow world wide growth...