Grantham: You Should Buy Now Even Though Market Could Tank

Dollar averaging investing is key here. However, with all these high salaries (AIG, Goldman, etc) (per salarylist.com real data) I think the greed is still too high. Be patient, there will be plenty of time to invest.

Hear that? If you buy now, there’s A CHANCE you’ll hit the jackpot, and then you can be like all the greedy scumbags everyone hates now. Or, you could lose everything and wind up sitting on the curb. Sounds worth it to me….

AIG!

There were bounces during the stock market crash from 1929-1933. However, the overall trend was still down! Just because it goes up for a few days or a few weeks, it still doesn't change the fact that it is tanking. The market has not yet reached bottom.

Just ask the Japanese. Their market still hasn't made it back to the highs of the late 80s early 90s.

4 days today........Less than 4 points up on the second day of the current so-called "Rally" hardly qualified for an up day, just as 4 points down would not have indicated a down day.......both would be considered "FLAT" you PINHEADS......more padding of the numbers? to create another false boom? so even more unwiitting can lose THEIR ASSES?...I guess...........no thank you!

At first, I thought this article was quoting Granholm, the governor of Michigan. THAT would make sense, politicians want you to be in the market. They are all about taking risks and spending with OTHER PEOPLE's money. Now, who is the Grantham guy? And why should we care?

I'm back to half-allocations myself, up from 70% cash a few weeks back. (To clarify, that means I have half the money in emerging markets that I would in "normal" market conditions.) Even if it turns out to be a bear-market rally, I'd rather pick up some small gains along the way. Just have to watch them like a hawk!

At first, I thought this article was quoting Granholm, the governor of Michigan. THAT would make sense, politicians want you to be in the market. They are all about taking risks and spending with OTHER PEOPLE's money. Now, who is the Grantham guy? And why should we care?

This whole average cost basis and continually buy over time is wise for people who just dont know any better. If your at all in touch with the markets, why does buying now seem rational when most believe we have farther to fall? Why pay more for stock why you can pick the same stock up at cheaper prices in a month? Of course financial advisors or company executives will promote buying stock as it benefits them.

NOT CONVINCED.....

Stocks are cheap. You can buy 100 shares of a solid blue chip industrial corporation--GE--for less than the price of a full basket of groceries at the supermarket. Prices for securities have not been this low for a long time. You can buy 100 share of a major chip builder AMD for the price of 2 pounds of coffee and a venti drink at Starkbucks. Oil has fallen over $100/barrel--do you really think that the price of gas will never go up? It would be hard not to make money in today's stock market.

You first, shill!

Screw the stock market, buy Peanut Butter! Peanut Butter has hit bottom because of the recent salmonella scare and is poised to skyrocket in 2009 as the peoples' illogical fear of Peanut Butter is beginning to wane. Peanut Butter is a guaranteed 10-bagger in 2009! Mark my words as you'll wish you were along for the ride!

10% and not even guaranteed. What a fool! Why not buy preferred stocks paying 20%?

yeah we could get inflation....but then even more businesses will file BK, when the consumer suffers even more......I DON'T SEE WAGES GOING UP!......it's about those earnings people!......how bout earnings for the worker too? Lets not forget the poor ol' worker folks.....they are the spending power.....and many are in Bread Lines....say in places like; ELKHART, IN.........go ahead it's your money.

Fortuately, the majority of the people in this country don't read (or do read but only for comedy purposes) the predictable, doom and gloom, sky is falling comments of the people who troll the Yahoo! posts. What do you do with your free time when we are not in a recession? Do none of you people have anyone in your lives you can grid your axe to?......more than likely you've been griding this axe for so long like a broken record the people in your life avoid you altogether. Sad.

You Should Buy Now Even Though Market Could Tank = Buy and hold without regard to risk management of principal That is horrendous advice!

You Should Buy Now Even Though Market Could Tank = Buy and hold without regard to risk management of principal That is horrendous advice!

IF YOU BELIEVE THIS IS THE BOOM, I HAVE A BRIDGE.....I MEAN A HOUSE TO SELL YOU.