Market Continues Downward Slide , Got Cash ?

November 9, 2008 by admin · Leave a Comment 

Investors all over the globe are losing money. Financial markets are trending down from Japan to New York with no end in site. The bottom seems a little further down than it did last month. This downturn has had some significant down days, some record down days, but mostly seems to be sliding downward over time. Mortgages are defaulting everyday. Should You Invest In Foreclosures ? The classic tracks of a bear market.

This has not stopped investors from investing, albeit with a different strategy. Investors generally flock to money markets, beginners investing in annuities, Bonds or CD’s. Herein lies a problem for investors used to double-digit returns and accumulating wealth.

Rather than looking for stocks, the search is on for the Best CD rates or the highest CD Rates, the best annuity rates and anything else where money can be invested safely and without risk to investment capital. Preservation of capital is job one!

This market will turn around. It always does, but this bear will be walking for while. One thing for sure, as soon as it does investors will jump back into stocks with both feet, until them , cash is king.

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