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Art_from_Ark

(27,247 posts)

21. Stock market history is littered with stocks that never lived up to their potential

Reply to Ron Obvious (Reply #15)

Wed Sep 12, 2012, 02:42 AM

Sep 2012

Remember all those tech stocks of the late '90s that had high IPOs and then tanked after that?

And so-called "value stocks" that pay dividends can go into the crapper just as easily as penny stocks. Remember GM? CitiGroup? Woolworth's? Even Enron was at one time considered a "value stock".

http://www.smartmoney.com/taxes/income/writing-off-that-enron-stock-12918/

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The Dow hit a 5-year high today . . . [View all] ProfessionalLeftist Sep 2012 OP

Good news! kentuck Sep 2012 #1

I wish I owned stock quinnox Sep 2012 #2

If you have a 401k through your work, you probably do. nt GentryDixon Sep 2012 #3

You don't have to be wealthy to buy some stocks former-republican Sep 2012 #4

lol, good advice quinnox Sep 2012 #6

This message was self-deleted by its author littlemissmartypants Sep 2012 #10

You might be surprised... Ron Obvious Sep 2012 #15

Stock market history is littered with stocks that never lived up to their potential Art_from_Ark Sep 2012 #21

Exactly why this in NOT a big deal for most voters. earthside Sep 2012 #5

I think you would be amazed at the percentage of Americans who do own stocks.... lastlib Sep 2012 #9

"a lot of folks got out of the market after the crash".....hahahahahahahahaha cbdo2007 Sep 2012 #11

it helps me, too central scrutinizer Sep 2012 #8

I may be wrong on this but I thought I read riverbendviewgal Sep 2012 #7

I think it's that the stock market reflects the economy...usually. Honeycombe8 Sep 2012 #14

Only confirms one thing mick063 Sep 2012 #12

Here, here! I second that emotion! nt Honeycombe8 Sep 2012 #13

If I'm making good money again, B Calm Sep 2012 #16

Democratic Presidents better for stocks 46% versus Republicans 17% Bernardo de La Paz Sep 2012 #17

Yep. Darn commie socialist Wall St. hatin' Obama... ProfessionalLeftist Sep 2012 #18

Mixed feelings Populist_Prole Sep 2012 #19

I agree. I suppose I consider it a good thing ProfessionalLeftist Sep 2012 #20