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Old 10-10-2008, 04:53 AM
ChronoGrl's Avatar
ChronoGrl ChronoGrl is offline
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Join Date: Nov 2007
Location: Waltham, MA
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It IS an ideal time to start buying stock. The stock is plummeting for a LOT of the big companies and the last time this happened, the government bailed most of them out (causing shares to rise again).

The problem is that there is still an inherent gamble in it; we're not sure IF the government is going to bail out these companies or, if they DO, which ones they will bail out.

Interesting that you bring up this topic. The boyfriend and I were discussing the same last night. We're going to open an ETRADE account and purchase a bunch of shares of a particularly big name... But, again, it's still a gamble.
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