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Is this the right time to buy into Stocks?

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Is this the right time to buy into Stocks?

Postby richmond » Mon Feb 18, 2013 5:36 pm

Due to the bailout and the market dropping, would it be a wise decision to purchase stocks? But will the market rebound?
richmond
 
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Is this the right time to buy into Stocks?

Postby ephram » Mon Feb 18, 2013 5:37 pm

Wait at least one month.

The only stock I might buy TODAY is AW. Republic will buy it in about a month. Currently AW is less than $12. Republic will pay $14.

That's a quick return.

In a month you will know more about the effect of the bailout as well as the trend for oil.

When you think you see a bottom, look at stocks like Rio Tinto (RTP) and BRK-B.

Rio is both a great company and an inflation hedge. As a kicker, it might be bought out by BHP.
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