I always like to have some of my assets include stocks, even in this market. Yes, we are in a recession and the stockmarket has been going down. With that being said, the recession will eventually end...maybe in a few months, maybe in a year, maybe even two. But it WILL end. When it does, the market will bounce back, and everyone who got rid of all their stocks will be sorry. As many people seem to forget, investing = long term.
The stock market has gone up 10% on average in every 10 year period. This even includes the great depression. So without further ado, here's a few stock tips for 2009 I found at the website below:
http://www.ehow.com/how_4704130_buy-stocks-money.html?ref=fuel&utm_source=yahoo&utm_medium=ssp&utm_campaign=yssp_art
How to Buy Stocks and Make Money in 2009
It is scary to buy stocks in the current recession. But if you think ahead about what will be needed in the new economy, now is a great time to buy stocks while the prices are low. With the new administration of President Barak Obama, opportunities are arising to make money in different sectors. Now is the time to buy stocks in industries that will be important in the new economy.
1. INFASTRUCTURE--A lot has been said of "shovel ready projects" that may be of interest to Obama's administration. It may be a good idea to buy stocks in companies who build roads, provide concrete, or even little things like companies who make traffic lights!
2. HEALTHCARE--Buy stocks in companies in all areas of healthcare. You could buy stocks in pharmacies such as CVS, Walgreen, Rite Aid, etc. or pharmaceutical laboratories which actually manufacture medicines. There will also be a great need and investment in tech firms who deal with medical information and computerizing medical records.
3. ALTERNATIVE ENERGY--Nuclear, solar, and wind power are of high interest and the Obama administration seems poised to pour more funds into these sources so alternative energy investing seems wise. Buy stocks now in companies who are obviously related to these sectors and also lesser known companies such as those who make valves and pumps and hardware to connect solar panels and wind turbines to the power grid.
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