My understanding of the global financial crisis is that it was largely brought about by the collapse of the real estate and financial industries.
My understanding of stock market investing in general (not much) is that I should buy stock/mutual funds when they are very low so that I can sell them for profit when they are very high.
Since financials and real estate stock is very low because of their recent collapse I would think they would be a worthy investment right now since they will probably improve later.
This would be investing in mutual funds that specialize in real estate or financials.
What do you think? Would they be good investments? Also, please state your qualifications (if any) to give this kind of advice.
If they aren't good is there another industry that you can suggest?
Thanks!
My understanding of stock market investing in general (not much) is that I should buy stock/mutual funds when they are very low so that I can sell them for profit when they are very high.
Since financials and real estate stock is very low because of their recent collapse I would think they would be a worthy investment right now since they will probably improve later.
This would be investing in mutual funds that specialize in real estate or financials.
What do you think? Would they be good investments? Also, please state your qualifications (if any) to give this kind of advice.
If they aren't good is there another industry that you can suggest?
Thanks!