BECAUSE CONSUMER SPENDING IS GOING DOWN. WHEN LOOKING AT THE STOCK PRICE, IT'S THE BEST TIME TO BUY INTO THE MARKET AT THE LOWS IT IS IN. AS LONG AS ASSET LEVEL IS STABLE IT'S A GREAT BUY AS WITH ALL OTHER RETAILERS.SUPPLY AND DEMAND...PART OF WHAT THE STOCK MARKET IS ALL ABOUT. AS LONG AS INDIVIDUALS AND FAMILIES ARE INTO "material status quo" AND SPENDING, RETAILERS WILL MAKE MONEY. HOWEVER, CONSUMERS WHOSE PURCHASING POWER IS PLASTIC MONEY THIS IS WHERE THE PROBLEM LIES.IN MY OPINION WE ARE IN AN ECONOMIC DEPRESSION. MEANING A PROLONGED PERIOD OF RECESSION, OR A SIGNIFICANT AND PROLONGED DOWNTURN IN THE ECONOMY WITH DECLINING BUSINESS ACTIVITTIES ie: Retailers; FALLING PRICES, RISING UNEMPLOYMENT, INCREASING INVENTORIES AND MAYBE SOME PUBLIC FEAR AND PANIC.NOTE: I AM RESPONDING TO A.G'S POST ON MACY'S GOING BANKRUPT AND PICKING AT KAMEHAMEHA SCHOOLS/KSBE.ANY INVESTMENT IS LEGALIZE GAMBLING, MANY KANAKAMAOLI WHO HAVE RETIREMENT FUNDS ARE INVESTED IN THE STOCK MARKET ......I DON'T THINK THEY WOULD ALSO FIT INTO THE SAME CATEGORY AS HISTORIC INVESTORS AS NAMED IN THIS FORUM POST I'M RESPONDING TO - ARE THEY BAD PEOPLE AS WELL AS PAUAHI'S SPOUSE WHOM IS MENTIONED IN THIS FORUM POST BY A.G.?NOTE: THE MACY'S PARADE IS A COMMUNITY PROJECT FOR THE ENTERTAINMENT OF THE COMMUNITY. IF ANYTHING THE MACY'S PARADE MAY BE UNDERFUNDED IF THIS RETAILER IS NOT ASSET STRONG...smile.
I know how it is John...but save $250.00 to open an account and have $25 taken out every month for your future - it's worth the time. There are some good companies that will allow you to do this from their headquarters without getting a stockbroker or playing the stockmarket thru a brokerage account. Future planning must start somewhere. Once I changed the thinking you have now, I found it changed my thinking from "not able to" to "I should have started a long time ago"...SMILE.
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