Dec

2

Will the economic bailout boost the wall street?

Filed Under bailout 

loselose asked:


I own a large amount of mutual funds 200k +. I really want to take them all out since i’ve lost a lot of $$ already. But i kinda of want to wait for the bailout to pass to see where the market is going, but i am also afraid it will just keep dropping regardless the bill get passed or not. Should i sell or should i hold?

Emily
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • What started the government bailout for our current economic crisis?
  • Bailout - Got an Extra $5,000 to Spend?
  • The Government Bailout Plan Rejected
  • Is the bailout based on scare tactics or is it true economy would collapse?
  • Bank In America-Bailout?
  • How to Protect yourself From the Bailout….er, Rescue Plan
  • Could the 700 Billion Bailout = No Change in the Housing Market?

    • Comments

    No Responses to “Will the economic bailout boost the wall street?”

    1. noitall on December 5th, 2009 10:06 pm

      assuming your funds are in stocks, it’s probably best to ride it out. the market will come around eventually, but it may be a few years yet. what would you buy with the lesser amount of money now? it’s less, that’s the point and this is the nature of buying stocks - it’s risky.

    2. Dysfunctional i.MC on December 6th, 2009 4:42 am

      Listin to that feeling in you…