How to Show the World Americans Won't Let Terrorists Hurt Us (On Topic, About Shopping)

[android]

Here's a way to send a message around the world that terrorism cannot stop us. When the stock market reopens, everyone in America should buy stocks and mutual funds, and drive the market UP, thus sending a message that our economy will not be held hostage to these attacks. The message is that selling stocks or mutual funds when the market opens is unpatriotic.

Then this weekend, everyone go to the mall, and buy something! Let's not panic and let our economy sink, which will mean the terrorists won. If everyone in the US does both of these, our economy will hold up, the stock market will soar, and the world will see our resilience.

Email everyone you know with this message, and ask them to email everyone they know with the same message. Let's create a chain letter that will help us send the world a message of our strength and resilience!!!!

:|

 

[gerrick]

I agree. I just don't think this is the correct fourm. Please move this so it will live.

 

[TyroneWashington]

Android is right, and don't forget to buy US Bonds to support our country at this time of need, every cent will help.

 

[duke669]

Yes this might not be the right forum, but it is one I usually check daily. This was an extraordinary event and I plan to hold onto my mutual funds. The market crashed in 1987 and evryone survived.

 

[poetmook]

Now is the time to buy!

 

[squirrelman]

While this is a nice idea, it is in no way a hot deal to lose alot of money. I fear if you buy stocks tommorow you will loose alot. Hopefully we wont go under 9000 but i wouldnt be suprised if it was close

 

[Fraggle]

well maybe the least we can do is not sell our mid-long term investments... they will rebound anyway. at least don't sell, and be sure to invest what you can when the market first drops!

 

[dbLA]

Yes. Buy the stocks which I own so that their price will be driven up up up!

 

[russw]

Not to rain on this thread, but it's so obvious that someone has to sell in order for someone to buy. Money is made both ways in the market. If everyone was to say buy shares in the top 10 then maybe you'd see a rally.
...russ

 

[manly]

umm, attempting to boost stocks this way won't have a real impact on the economy. As others have noted, you'll probably lose a few bucks in the process as well.

A better way to support the flagging U.S. economy is to redouble your efforts at work. In times of crisis, most people find it more difficult to concentrate on the task at hand. This potentially has the effect of lower productivity, and lower economic output. More layoffs would be a natural progression.

Keeping your focus on your job is a more real contribution to the economy than buying securities for no reason. If you buy securities for purely patriotic purposes, you'll probably experience a short-term loss, and simply be forking over trading fees to the brokerages.

Now if you're planning on taking advantage of the speculated dip, and buying cheap afterward, then that's a different story. In short, emotion and investing really shouldn't be as tightly bound as suggested in this "deal".

 

[SinnerWolf]

creating a bull market will sound like a great idea to the companies you're investing in i'm sure. But if you're willing to risk losing that money on a very instable investment, then why not guarantee your money goes to a cause you believe in? Donate it for crying out loud. Pick whichever aspect of the rescue/recovery/security effort that appeals to you the most, and pass some money their way. Think of all the coupons you've used, the deals you've taken advantage of, the freebies you've received, the information you've become privy to...what dollar amount do you "stock" that up to since you began AnAndTeching?

If you want to take advantage of a cheap market however, then now is the time. but don't confuse profability with patriotism.

 

[Morpheux]

I agree. I put an extra $1000 into it today.

 

[kef7]

interesting read:

link

 

[PattyHearst]

<< If you want to take advantage of a cheap market however, then now is the time. >>



A couple of observations for anybody thinking of jumping in:

1) Anybody who's jumping into the market at this point to bottom feed hasn't learned anything from the past 12 months. Take a deep breath and think hard before throwing your money in now.

2) I've got two neighbors who bottom fed themselves into bankruptcy in a stretch of less than six months. They thought it made good sense to buy tech stocks on the way down, figuring the market HAD to turn around. What happened? The market tanked. They lost their homes, their cars, their boats and, in one case (if not both) their wife and family. I wonder what they'd tell you about this strategy.

3) I know it's a cliche, but ask yourself how much you can afford to lose. If you're trolling this forum to save a few bucks here and there, how are you going to feel when you lose $1,000, $10,000 or everything if recession kicks in and the market tanks. Think it can't happen? Think again.

3) Anybody who's taking stock buying advice from an online forum doesn't have a clue. Do yourself a favor. Take a course, read some books, talk to an expert (a salesperson from a brokerage is NOT an expert, no matter what they tell you) and invest when you're ready, not when somebody tells you to.

Caveat emptor. Keep your eyes open. Be patient. Don't make expensive mistakes in the heat of the moment.

 

[monkeyserverdotcom]

<< Keeping your focus on your job >>



So would that mean not spending hours reading through anandtech and posting about stock speculation too?

I think the best way to help out is to give some money to the red cross, go about business as usual and donate blood in a week or two. Support how you can, but continue with your life.

just my $.02

 

[jawatkin]

Also, telling a few hundred people to buy stocks will not turn the market around....

 

[desibaba]

Americans Won't Let Terrorists Hurt Us

you kidding ? they raped us man !!!!

 

[PattyHearst]

<< you kidding ? they raped us man !!!! >>



It's a safe bet you're not a woman--at least not physically.

 

[lsman]

At least people are buying, I went to market on Tuesday and most food are gone.

 

[Sesopedalian]

<<The market tanked. They lost their homes, their cars, their boats and, in one case (if not both) their wife and family.>>

Thanks for the info. I never knew you could trade the wife and family for stocks. I've got some bags to pack.

 

[jawatkin]

<< <<The market tanked. They lost their homes, their cars, their boats and, in one case (if not both) their wife and family.>>

Thanks for the info. I never knew you could trade the wife and family for stocks. I've got some bags to pack. >>



LOL

 

[Enkidu]

BUY AMERICAN. Check the labels before you buy. I went to Wal-Mart and they had US flags made in China. I told a manager and they took them off the shelf.

BUY AMERICAN.

 

[Cucoo]

Enkidu, I bet most of the components onyour computer that are being used to access this forum are not made in the US.

 

[WhiteMouse]

Enkidu, while android suggests us to buy more to show the terrorism cannot stop us, you just try to find a reason to cut our spending?:disgust:

 

[phatstuff]

the only people that make a significant impact on the market are people who have hundreds of thousands of dollars in stocks... these guys are the real deal..

but people are predicting that if the market does do a dive, that there will be a very high volume of buying becuse of the drops. but in any case, a short term thing.There are some good stocks out there, and if they fall a significant amount, I won't be surprised if some institutional companies jump on it, and even small beans like us

a warm deal