Now Is The Time To Buy Stock!

Will the Stock Market recover?  All signs say, 'Yes!'

Tuesday, investors were optimistic about a US recovery from the longest recession since the great depression. The Dow Jones industrial average recorded a 2.61% per cent gain after moving 214.33 points higher to 8,426.74. The Nasdaq composite index climbed 44.36 to 1,763.56 while the S&P 500 index was ahead 29.72 points at 907.24, erasing the index’s 2009 loss.

Believe it or not, now is the time to invest in the stock market. Why!

Stocks are dirt cheap. Where else can you find prime stock, such as Bank of America. In August, 2007; the stock was a 54 dollars a share. When the stock market crashed, the company was in a nose dive, losing nearly 85% percent of it’s value. In March, the stock finally bottomed out at 3 dollars 14 cents a share, this after a government bailout and it’s purchase of Merrill Lynch. Currently, you can buy BofA stock for 10.84 a share.

But be careful who you invest with! For instance, the big 3 auto makers are very weak right now. Chrysler is going to be a leaner company once they come out of bankruptcy. GM, also leaning on bankruptcy will have to show the government they are solvent. And with Ford trying to keep their situation stable, it might be risky even thinking about investing.

When you do, Online Trading seem to be the easiest way to invest in the stock market. Contacting an Online Broker is as easy as a click of a mouse.

Stock Trading can be as simple as opening a no minimum deposit account. You can even switch over your existing 401k to take control of your retirement. Start with as little as you wish and start building for your future.

As with all risk, past performance doesn’t guarantee future results. Invest carefully!

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About smoothjazzandmore

I'm a TV producer and an Internet radio broadcaster. I also write for my blogs (An Op-Ed Blog and a Football Blog) here at WordPress.
This entry was posted in Online Broker, Online Trading, Stock Trading. Bookmark the permalink.

One Response to Now Is The Time To Buy Stock!

  1. shameena says:

    The stocks are listed and traded on stock exchanges which are entities a corporation or mutual organization specialized in the business of bringing buyers and sellers of the organizations to a listing of stocks and securities together. The stock market in the United States includes the trading of all securities listed on the NYSE, the NASDAQ, the Amex, as well as on the many regional exchanges, e.g. OTCBB and Pink Sheets. European examples of stock exchanges include the London Stock Exchange, the Deutsche Börse and the Paris Bourse, now part of Euronext. liquid natural gas

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