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Forums - General Discussion - Economic wizzes: Is it wise to invest on the ISX?

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Why the hell not. The only downside is that the oil market is tanking. But things have been relatively stable over there.

If it were me though, I would wait a few more weeks or months before I made any big decisions, unless I was pumping money into bonds or CD's or something with almost no risk.

If you have $10,000 in your bank account you could probably buy GM or Ford though.



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akuma587 said:


If you have $10,000 in your bank account you could probably buy GM or Ford though.


Why would he buy stocks of dying companies? Sure, there can be money to be made by trading them, but it's very high risk.

If the US government doesn't intervene, GM will probably run out of money by next year. I'm not sure about Ford, but I don't think they're doing much better.

 



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