Is it a good time now to withdraw money from stock market funds?

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This topic contains 9 replies, has 6 voices, and was last updated by Avatar of sh145 sh145 5 years, 11 months ago.

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  • #119938
    Avatar of newsaviy
    newsaviy
    Participant

    I was just wandering that: Is it a good time now to withdraw money from the stock market? I had some money in mutual funds and I’m thinking of closing the account because it’s already mature now, plus I lost nearly half of it just this year alone. Please give some advice, thanks.

    ..

    [Message last modified 10-01-2008 09:54pm by newsaviy]

    #119958
    Avatar of cheakrisna
    cheakrisna
    Participant

    saviy,

    refer to this thread: http://khmer.cc/community/t.c?b=2&t=1159

    people are giving good advice there. If you do not need immediate money, leave it there for the long term gain.

    [i]Originally posted by newsaviy[/i]
    I was just wandering that: Is it a good time now to withdraw money from the stock market? I had some money in mutual funds and I’m thinking of closing the account because it’s already mature now, plus I lost nearly half of it just this year alone. Please give some advice, thanks.

    ..

    [Message last modified 10-01-2008 09:54pm by newsaviy]

    #119974
    Avatar of SpicyChick
    SpicyChick
    Participant

    [i]Originally posted by newsaviy[/i]
    I was just wandering that: Is it a good time now to withdraw money from the stock market? I had some money in mutual funds and I’m thinking of closing the account because it’s already mature now, plus I lost nearly half of it just this year alone. Please give some advice, thanks.

    ..

    [Message last modified 10-01-2008 09:54pm by newsaviy]

    Sounds a bit depressing. I am not an expert, but if you pull out now, and the market picks up the strength later, then you might miss the opportunity. Again, I don’t know…right now it looks really bad.Risks equal returns, there is no difference to gambling.

    #119991
    Avatar of KomLostBong
    KomLostBong
    Participant

    I suggest that you should invest your money by put into the PC Bank Account…Becuz it gives us 4.5% in every year with your amount $1,020. So!! we get a higher interest more than another banks…

    I do that too…I’ve $6,000 in there and every year I get interest about $166.5. In 5 years tearm is $832.5. In 10 years tearm is $1,665…Well!! its better than for nothing…

    [i]Originally posted by newsaviy[/i]
    I was just wandering that: Is it a good time now to withdraw money from the stock market? I had some money in mutual funds and I’m thinking of closing the account because it’s already mature now, plus I lost nearly half of it just this year alone. Please give some advice, thanks.

    ..

    [Message last modified 10-01-2008 09:54pm by newsaviy]

    #120007
    Avatar of newsaviy
    newsaviy
    Participant

    Thank you folks, that were good advice from every body. Cool.

    #120023
    Avatar of newsaviy
    newsaviy
    Participant

    That’s all right folks? No other comments? If you still have please share it. Why is the market drop so much, Im sick of it. Thanks

    #120036
    Avatar of cheakrisna
    cheakrisna
    Participant

    Is it a good time now to withdraw money from stock market funds?

    hmmm, no. it’s a good time to buy. The more it goes down, the more you should buy world-class businesses incredibly and cheaply. :D

    [i]Originally posted by newsaviy[/i]
    That’s all right folks? No other comments? If you still have please share it. Why is the market drop so much, Im sick of it. Thanks

    #120052
    Avatar of khmerdos
    khmerdos
    Participant

    Buy buy! Im thinking of opening an etrade account so i can get into the action. What do people think about GM and Ford?

    #120068
    Avatar of cheakrisna
    cheakrisna
    Participant

    Google up. Warren Buffet is buying stocks!

    #120088
    Avatar of sh145
    sh145
    Participant

    Good to point that out.
    Investing in some stock market also pay divident. Some of the stock pay more than 10% (such as hrp or pwe) which is much higher than regular financial banking :) except high risk involves high return :D

    [i]Originally posted by KomLostBong[/i]
    I suggest that you should invest your money by put into the PC Bank Account…Becuz it gives us 4.5% in every year with your amount $1,020. So!! we get a higher interest more than another banks…

    I do that too…I’ve $6,000 in there and every year I get interest about $166.5. In 5 years tearm is $832.5. In 10 years tearm is $1,665…Well!! its better than for nothing…
    [quote]
    [i]Originally posted by newsaviy[/i]
    I was just wandering that: Is it a good time now to withdraw money from the stock market? I had some money in mutual funds and I’m thinking of closing the account because it’s already mature now, plus I lost nearly half of it just this year alone. Please give some advice, thanks.

    ..

    [Message last modified 10-01-2008 09:54pm by newsaviy]

    [/quote]

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