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Old 09-12-2008, 05:13 PM
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Kal (Andrew)
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Kal is offline
 
Join Date: Nov 2006
Location: Sydney
Posts: 1,845
I think that if you want to get into stocks then now is a great time to buy. The ASX is only 53% of what it was 1 year ago to date, and it won't be a bear market forever. Bear markets last alot less than bull markets, so if you take a view of buying stocks with intent to sell in the timeframe of years (not days) then it is difficult to see a losing situation unless the shares that you buy are in a company that will go bankrupt in the the current financial crisis.
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