Posted on Wednesday, 1st April 2009 by admin

Due to the current market crisis, several people are asking financial advisor the following question: “Should I buy stocks in 2009?”. The short answer is yes, you should buy stocks in 2009.

There are actually several reasons why you and I should buy stocks in 2009:

- There are stocks that are “hot buy stocks” right now: during every market crash, there are always good companies that see their stocks going down for no reasons. Canadian banks stocks are a good example of them. They all lost 40% or more of their book value. However, they all made good profit in 2008. Maybe they will be part of the best stocks to buy in 2009?

- If you would have buy theses stocks in 2009, you would already be making money!! Look at the year to date yield in 2009 and ask you again “Should I buy stocks?”. Then again, the answer is yes! I read an interesting article about Amazone and Google that considerably went up from November 2008 to January 2009. While both companies went down after the “December rally”, I still believe they can become surprises and be part of the best stocks in 2009.

- You should buy stocks when there is blood on the street: This is actually the best moment to buy stocks right now. Everything is so low that you can’t virtually go wrong. It is obvious that the stock market can still continue to drop (nobody has a crystal ball!). However, most of you will probably agree that we have already suffered from the biggest part of the drop in the market. Buying stocks right now will assure you to buy stocks at a low price. Then, it’s only a matter of selecting the buying the right one.

Posted in How to buy stocks | Comments (4)

4 Responses to “Should I Buy Stocks?”

  1. Intelligent Speculator | Financial Ramblings Says:
    April 4th, 2009 at 12:41 pm

    [...] 3-BuyMyStockPicks looks into THE question: “Should I buy stocks?” [...]

  2. ABCs of Investing Says:
    April 5th, 2009 at 8:15 pm

    [...] Buy My Stock Picks advises that stocks are a buy in 2009. [...]

  3. ABCs of Investing Says:
    April 5th, 2009 at 8:15 pm

    [...] Buy My Stock Picks advises that stocks are a buy in 2009. [...]

  4. The Financial Blogger » Blog Archive » Financial Ramblings Says:
    April 11th, 2009 at 4:18 am

    [...] My Stock Picks is giving 3 reasons why you should buy stocks in [...]

Leave a Reply