Challenge to DG!

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Schmetterling Louisville, KY(Zone 6a) Sep 15, 2001

When the stock markets open Monday morning...I challenge each of us to buy stock...even if it is only one single share!!!

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Schmetterling Louisville, KY(Zone 6a) Sep 15, 2001

Especially the AIRLINES!

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dave Sep 15, 2001

Good talk, fivekulps, and I also came to this conclusion after talking to my Dad (who is currently in Germany) about the financial markets.

The U.S. has shown incredible spirit and rallying behind ourselves (is such a thing possible? To rally behind oneself... I digress).

Will we see Monday (should the markets indeed open) what we've already seen this past week? Will the country demonstrate its commitment not only to our security, but also to our finances?

Anyone who does want to buy stock, definitely select companies who are strong companies and have been listed for a long time. In my opinion, avoid technology companies (I'm not trying to start an argument here, just stating my own advice as I would give it to my family).

Buy stock in those companies who provide commodity services, such as transportation, food, etc.

There are also fantastic mutual funds out there that only have stock in the long-term long-running, and most stable companies. Ask your banker or broker about these, if you are interested.

Dave

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farmgirl21 Hempstead, TX(Zone 8b) Sep 15, 2001

i agree with dave here. my dh is into the stock market and belongs to all the news letters and they are telling him to hold tight and wait to see what is going on before investing more. they expect stocks to bottom out totally. so wait and watch then buy buy buy.
farmgirl21

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Shrewella Slidell, LA(Zone 8B) Sep 15, 2001

We have alot of stocks and another challenge is to not sell them off also.
Kay

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eyesoftexas Toadsuck, TX(Zone 7a) Sep 15, 2001

I am in total agreement here, and another avenue would be that if you are not in a position to buy stocks, buy US Savings Bonds at your bank, and buy only products of American origin if at all possible.

"eyes"

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ozarksue Mansfield, MO(Zone 6a) Sep 15, 2001

eyes: Definitely buy U.S. bonds!! The country will need the money, they are secure and almost everyone can afford one.
Maybe buy one of those and a safe stock.

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Ginger_H Fountain, FL(Zone 8a) Sep 15, 2001

Heard on the boob-tube last night that they might bring back war bonds.

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