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December 17, 2008 04:07 AM

How has the economy effected the way you're investing?

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December 17, 2008 08:27 AM
I have decided to spend at least 10 yrs on investing so I kind of use crisis as a chance to buy cheaper stocks. and also, I regurarly invest similiar amount of money so that i buy at different prices. The best way now is to have your eyes set on a long term goal and dont worry about current problems (which will pass sooner or later).
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• These were all really good answers. I think this one nailed it.


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December 17, 2008 04:11 AM
I have a crappy job, er go no money to invest. If I did have money to invest, it would be in gold. Tangible gold that is, not paper gold.

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December 17, 2008 04:24 AM
I put some money in a plain old CD just a few weeks ago because I figured making 4% there would be better than losing money in the stock market. I am however taking advantage of the low market to put in the max amount towards my IRA which will help me in the long run.

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December 17, 2008 04:49 AM
After significantly increasing our family's emergency savings fund (heavy emphasis on saving), I opted to keep contributing large amounts to my IRA. I made sure I had a good mix of both stocks and bonds (along with a lifetime supply of Maalox). Again, though, heavy emphasis on saving - when things begin to turn around we'll take that extra money and invest it. For now, it buys us peace of mind and that's all we can hope for during this crisis.

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December 17, 2008 04:53 AM
I've invested an inheritance in a family startup, maybe not the wisest solution, but better than stock right now. Very high risk, but the estate where the funds came from would have helped out his nephew. My answer is......keep it close.
Source(s):
www.vioguard.com


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