Is Now A Good Time To Buy Shares?

thewinkshow

Hi All,

Is now a good time to buy shares?

I am not looking at buying and making a quick return.if you buy them now at a very very low rate and keep them for 3- 5 years or long term, when the market and the companies shares have recovered, surely you would make a very good profit. of course one of the possible problems here could be if they keep going lower and lower and go bust.


Any thoughts?

Cheers

ukclarkkent

at last - someone with the same question as me.

until today's icesave news i had some to spare and was wondering if now was a good time to buy shares.

but which ones would you buy? how does anyone know what's good in 3-5 years?

if anyone knows, let me know ;-)

paul5046

Always bear in mind the Wall street crash of 1929. It took 20 years for shares to recover.

StevieJ

thewinkshow wrote: »

Hi All,

Is now a good time to buy shares?

I am not looking at buying and making a quick return.if you buy them now at a very very low rate and keep them for 3- 5 years or long term, when the market and the companies shares have recovered, surely you would make a very good profit. of course one of the possible problems here could be if they keep going lower and lower and go bust.


Any thoughts?

Cheers

I have just bought some Shell at £15.15, (with money transferred from Icesave) dividend yield of 5.5%, I am sure if you are careful there are some good buys out there.

ad44downey

ukclarkkent wrote: »

but which ones would you buy? how does anyone know what's good in 3-5 years?

if anyone knows, let me know ;-)

There's only one person who can answer questions like that, Mystic Meg

lokiman

thewinkshow wrote: »

Hi All,

Is now a good time to buy shares?

Short answer: no. What we're seeing is a catastrophic meltdown in the markets, and few would like to predict what will happen over the coming months. Put your money in a UK Government-backed bank and sit on it for now.

opinions4u

thewinkshow wrote: »

Hi All,

Is now a good time to buy shares?

I am not looking at buying and making a quick return.if you buy them now at a very very low rate and keep them for 3- 5 years or long term, when the market and the companies shares have recovered, surely you would make a very good profit. of course one of the possible problems here could be if they keep going lower and lower and go bust.


Any thoughts?

Cheers

Usually when the market is low, the answer is yes.

The problem I see is bank lending.

Banks will have less cash to invest in businesses (or to fuel another property bubble). This means business shedding staff and people not spending money in B&Q doing up their new des res.

On top of this, massive government borrowing (or cash printing - not sure which!) will fuel inflation which will further dampen growth potential.

Seems to be a similar situation globally.

So for me, investing in the traditional western stock markets does not seem to be a great idea. Yet.

GotAnySpareChange

Even shorter answer ... simply no. There are other investment vehicles, consider gold ( not mining ) but physical.

lokiman

opinions4u wrote: »

Usually when the market is low, the answer is yes.

Indeed, and the problem here is that we can't even guess at this point just how low it's going to go.

thewinkshow

Thanks for the replies.

I understand that no one really knows the answer to this question, we can only specualte.

I agree with your point on the 1929 crash taking 20 years to recover, but surely if you had bought some shares at the low point of the crash you would have made a nice profit 20 years on, providing your chosen company had not gone bust.

We are in a recession,but in 5 to 10 years i would predict we will not be.
We have had this simular scenario before, everything goes up in price (houses e.c.t)
then in comes down
it never stays one way or the other no matter how bad things get.
things can only go up for so long then they crash, then they can only sink for so long before it bottoms out, and t climbs again.

i know absolutley fek all about investing by the way.

Cheers

StevieJ

lokiman wrote: »

Short answer: no. What we're seeing is a catastrophic meltdown in the markets, and few would like to predict what will happen over the coming months. Put your money in a UK Government-backed bank and sit on it for now.

Yes wait for the market to rise to 6700 and buy in like all the other losers.