Financial Tutorial #8 Panic in the Market Contrarian Buying

[StockTradingMaster]

Excellent video bud

[Featureman]

@StockTradingMaster Thank you.

[marisseredblossom]

Thank you for sharing your knowledge :) I hope you would have more videos for beginner investors like me :)

[Featureman]

@marisseredblossom There will be more over time. I thank you for the nice comments and I wish you great success in the future.

[andyandymax]

Well, when it's down, it's usually time to buy! So they say. I wish I had money to invest. Even if I did, I would not know how to begin. Who do I talk to?

[Featureman]

Just follow the market for a year and start an account. Check the requirements at the brokerage houses. It is not necessary to invest in stocks. There are many other places which might be better for someone. Thanks.

[littlegiantkennel]

have you looked into silver and gold as an investment and hedge against inflation?

[Featureman]

I do not want physical gold. I think there are better things to have during hyper inflation. I am watching FCX which is a copper and gold mining company stock. Thanks.

[memphisdrean]

good thing you didn't buy it yesterday afternoon, I heard trades from yesterday afternoon were retracted.

[Featureman]

Thanks. Actually I did try to buy it yesterday but the trade did not go through. I would have paid more for it then. I think a year from now it will be higher. I am not sure what the glitch was but the market is so full of surprises.

[memphisdrean]

@Featureman

It sure is full of surprises, besides patience you have to have nerves of steel on weeks like this one . Almost like a weekend in lost wages :)

[theboombody]

@memphisdrean Well, if you only put in money you can afford to lose, you don't really need nerves of steel.

[UGKisback]

awesome, thx for the advice :)

[Featureman]

You are welcome, TK. Thanks.

[szemingyam]

Should be good, I think. Best luck on you best of judgement Mr.

Simon

[Featureman]

Thanks. Next week will be interesting.

[wufwufwufwuf]

good luck Tom

[Featureman]

Thanks. Usually when I buy a stock it goes down again before it goes up. I have great patience. I am still waiting for the Edsel to come back.