The stock market has been brutal! There is no place to hide lately. All I can tell you is to ride it out. Keep current with all the news on your current stock holdings. If everything is sound with your investments pay no attention to the outside noise. Europe is the biggest drag on the market and all stocks good or bad have been taken down. The only strategy that will help you lose less money is to shift your holdings into good dividend paying stocks. I on the other hand will continue to hold my high flyers. When the smoke clears the growth stocks will snap back the quickest. Until Europe gets it's act together the pain continues....
Clay-
Full
Disclosure
Current
Holdings:
Cosi
Inc. (COSI)-Monster Portfolio
Caterpillar
(CAT)
Westport
Innovations (WPRT) Monster Portfolio
Kinder
Morgan Energy Partners (KMP)
I'm not a
licensed financial advisor. All recommendations is strictly my personal opinion
and the information is intended for learning purposes only. Invest at your own
risk!
So true, Clay. Maybe we can invest in an elevator company to ride the ups and downs.
ReplyDeleteIt mite not be a bad idea.. LOL! Something has to be done in Europe soon!!! Stock prices have gone down past the value of the companies we own. I'm trying to block out the past few months. Investing has been a challenge. Think positive right?
ReplyDelete