Old Economy Stocks
How many investors believe that when the economy goes, the older population had a per share, repeat rate?
Tell a population that has been long in the $ 1,000.00 per share when the economy was fine and that is priced very well so far. What are the chances that reach the same price when the economy is doing well again? Would you invest in a stock like that? Can you get rich … After all, already declining due to the economy and the only way you can go is up. What do you think about this?
Some people return to their highs of the past and some do not. But unless the economic picture has changed completely for the industry (newspapers, for example) or company (for example, Citi or GM), then the company is a pretty safe bet to return to previous highs.
Stock Market/Economy Update (Feb 16, 2009)