| Does it seem strange to you , like me, that Warren Buffet the worlds richest man is buying U.S stocks |
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Pulse
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that you lost MONEY On ?
If you had money in a mutual fund or 401k these were heavily invested in U.s stocks. But you lost about 40% of your money.
He and others are making money on your loss !!!!!
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Cool
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Anyone who buys stocks now is buying them at what they perceive to be a good price on them. Including him.
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electrode
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Heck no this is the best time to buy stuff. You know most of these companies wo not go under. They will be back. You only lose money if you sell. Prices will come back up
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Melody
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He and the rest of us lost on investments, but he is making a good move on this. He was smart and got into railroads about 6 months ago when oil was going up. Despite his age, he is forward thinking. And unlike most wealthy he really does live an average life. Do some research and you will find that Warren Buffet is not what is killing us. He is living the dream in a much better way than most overpaid celebrities.
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Coach
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Anyone investing in the stock market right now is not making money on ur loss. If anything, this is a good sign. Buffet et. al. see the current situation as an artificial drop in the market so buying right now shows that they r confident that it will rebound. If u have the money, it is an excellent time to buy.
Also, u should be thanking anyone buying into the market right now. If u can afford & r willing to hold onto ur stocks, u should see somewhat of a recovery over the next few months to a year. Historically, the market corrects 25-30% within a year or two after a serious drop as long as u do not go into a depression.
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Kim
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Is it called Double Down?
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Lostyo
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That is how you make money stock market !
When others a running scared and selling, you buy up cheap !
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Bobyer
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No..it seems to me to be ''smart business''.
It is sound Biblical teachings that he is following. Others may be making money on the losses of some unwise, or unfortunate people, but that is what the stock market is all about.
Christians should just ALWAYS remember WHO is ''writing'' the ''Bottom line'' of the already ''finished story''.
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Kickshaw
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No, this is the best time to buy! l love a good bargain. :)
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