LOOP 21 The power of being different

« life

Business Buzz: Buying Stocks Now Not as Risky

Loop 21 Staff

2 months ago

Will you take a chance?

The Dow Jones industrial average has risen 120 percent in four years to a record high, so buying stocks now are a good bet -- but they're no bargain. Firstly, there are no signs of a recession. The unemployment rate has dropped, and more jobs mean more money for people to spend, and consumer spending drives 70 percent of economic activity. Also, homebuilders broke ground last year at the fastest pace in four years. Sales of autos, the second-biggest consumer purchase, are at a five-year high. Finally, interest rates are near record lows and are unlikely to appear soon. (NBC News)

[SUBSCRIBE TO LOOP 21 RSS FEED]

 

Advertisment

Social Loop

Connect to see what your friends are sharing in this Loop!

Recent Social Activity

Comments

Signup to receive The Morning Loop, our daily email newsletter.

or Login with
Connect with Facebook
or Login with
Connect with Facebook
or Register with
Connect with Facebook