Quote:
Originally Posted by Vanity
You want to buy in on Monday? When the indexes have just closed at Multi-Year Highs? And you expect them to turn huge profits from now until May?
I believe your professor is throwing your class a curve ball. He's trying to see who is the best at protecting capital. Do yourself a favor and invest in things that appreciate on a defensive basis against stock markets going down. Bonds, Precious Metals, etc. There are also stocks you may research that hold value better in a crash than other companies. Companies like this include McDonalds and Starbucks. You can thank me later.
|
Interesting. So my best bet would be to try to protect the money from further loss, assuming that most companies wont go up? ie:AAPL
Why would someplace such as McDonalds or Starbucks increase when everyone else is decreasing?