Thursday, December 10, 2009

Should I Invest In The Stock Market In This Economy

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I hear a lot of people ask should I invest in the stock market in this economy? I know that this might seem crazy, but it's not the economy that you watch. It's the market. Let me give you an example. I have a friend of mine that always seems to be short on money. No matter the economic conditions, you are always going to find someone you know in that situation. I always say that a person like that is in a recession all the time. I have another friend of mine who had some trouble with his bills for awhile but he was in a recession for that period of time but then came out of it. He is on the road to recovery. I have yet another friend who seems to never have money problems. He does excellent at managing his money and is never in a recession it seems. If you asked all three of these people about investing in the stock market in the economy we are in, you'd get three different answers. One would tell you no, one would say later and one would say most definitely, I'm already big on stock market investing.

The point of the story is this. If you want to learn how to invest in the stock market, you need to let the market tell you when it's a good time. Don't rely on your opinion, your friends opinion or the media's. Have a rule that states that I will always invest in the stock market when it's in an uptrend regardless of the economy.

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