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Tuesday, October 28, 2008

Savy Buying

When the stock market is low, investors finally yield and start to buy up everything at bargain basement prices. Right now we are in almost the recent bottom point again with the DOW hovering just above 8000.

Basically if you examine the corporation for management, assets, contracts, projections, this sort of thing, and then factor in dividends, although it might be chancy, it could be highly profitable in the long run.

Reuters: Bargain hunting after losses boosts world stocks
"It's no real surprise that bargain-hunters are coming into these markets, despite the fact that expectations for the economy are tumbling and the outlook on the corporate front is gloomy," said Henk Potts, strategist at Barclays stockbrokers.

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