More Stock Marketing Investing

Stock market investing This greed-fear cycle is for real, and has drained bank accounts, delayed retirements, and caused many divorces. I'll give you some recent examples: stock market A New York couple entered a murder-suicide pact after suffering enormous losses. On a Long Island beach, the man shot his wife and their dog, but survived his suicide attempt. One 29 year old man lost most of his $1,000,000 inheritance in just 2 WEEKS day trading.stock market investments Investors bought the NASDAQ tracking stock, called QQQ, at $107 and got a little anxious when it dropped to $90, and then $80.market invesment

But thousands reasoned that it was the buying opportunity of the year. They used every penny they had to buy more at these "fire-sale" bargain prices, then watched the price fall to under $24. Investors who hung onto Sun Microsystems, JDS Uniphase, Lucent Technologies, and the hundreds of internet companies that crashed, lost 90% of their money. Many of them had taken huge loans on their homes to take advantage of this chance of a lifetime opportunity to buy stocks that they "couldn't lose on". And Enron? Same thing, people were buying more on the way down.