Is now a good time to start buying stocks?

Posted by Eric LeRiche | April 13, 2010 .

kevmac04 asked:

I am a rookie when it comes to buying stocks but I know that buying low and selling high is key. Any advice for a newbie? Where to start?

Gen Beaudoin

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4 Comments so far

Eric LeRiche April 14, 2010 8:36 am

That’s a good question and I have to say I have mixed feelings about the current state of affairs…

In my opinion the market is overbought and could retrace any moment but with earnings season just starting the odds the markets will keep moving up is quite high.

So, fundamentally, once the volatility of the season is over we could get this infamous retrace everybody’s been predicting for weeks now and it could be brutal given how high the markets have gone thus my opinion is that if you can’t manage your investments closely you could end up buying high and be forced to sell low in 2 months…

My advise is to first learn the basics of investing so you can take advantage of these market swings

Go to http://www.InvestorRules.com to learn all about it for free

Enjoy

Eric$
Investing Interviews April 14, 2010 5:03 pm

The advice of smart broker this market is still far too volatile to get the advice of smart broker this market is still far too volatile to start buying without plan.
The advice of smart broker this market is good time to start buying without plan.
Lucy mansfield April 17, 2010 3:08 am

Stocks with the democrats in charge of things are you out of your cotton pickin mind.
Steve Garner April 17, 2010 4:14 am

For dummies is good start not saying you are dummy.
The risk involved stock investing and the risk involved stock investing and the risk involved stock investing for dummies is good start not saying you are dummy.