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Felix Salmon's Message To Investors: Get Out Of The Stock Market Right Now [View All]

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 06:18 PM
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Felix Salmon's Message To Investors: Get Out Of The Stock Market Right Now
 
Run time: 01:19
https://www.youtube.com/watch?v=tCMTeweaiCQ
 
Posted on YouTube: May 07, 2010
By YouTube Member: flixipoo
Views on YouTube: 767
 
Posted on DU: May 08, 2010
By DU Member: Amerigo Vespucci
Views on DU: 1635
 
Felix Salmon's Message To Investors: Get Out Of The Stock Market Right Now (VIDEO)

http://www.huffingtonpost.com/2010/05/08/felix-salmons-message-to_n_568989.html



Financial blogger Felix Salmon has a message to investors: unless you're a large institution, get out of the stock market right now.

The lesson from the near instant crash and rebound of the Dow on Friday is that "stocks are dangerous things to own." Salmon cautions that we are "entering an era of massive volatility. You, as an individual investor, just simply don't have the risk appetite to be able to deal with that kind of volatility."

It's best to get out now because you can sell now "without taking a big loss because they've come back a lot from their lows."
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