The Bail Out Has Been Agreed, The Dow Is Set To Soar?
So the United States bail out has finally been agreed, phew, I was stressing there for a moment. So where will the stock markets from around the world go now? 2008 has thus far been a very bad for these stock markets but will this deal finally give them the boost they urgently require?
I am an experienced investor from the UK, in this article I will be giving my own personal opinion of where stock markets will go from this point on; please do not see it as advice as I am not a financial adviser.
Due to the fact that I am aged thirty-five and because I am investing over the long-term I am actually quite happy with the fact that the stock markets have fallen so far. I invest on a monthly basis in what many would consider to be high risk funds. These funds include Russia which has had a very dismal 2008, China, Hong Kong, Japan and Brazil. The lower the fund prices becomes the more units my monthly premium is able to purchase. Even if these fund prices are unable to recover for a few years would not particularly worry me.
I actually believe that in 2009 a stock market like the Dow Jones will gain in the region of ten percent and the FTSE may well hit eight thousand by 2012.
My philosophy is quite simple, buy low sell high. I certainly would not be selling at these prices, yes they may well fall further however I like to invest into a falling market as I have the confidence that they will eventually come back to favour.
This is my attitude to investing. Will it work? Well time will tell I suppose, wish me luck please!
