Long before 2008 drew to a close, people have started writing off 2009 with words such as “worse than 2008”, “depressing”, “bumpy ride” etc.
Is it then still possible to get out of 2009 with a good investment return or is that out of the question and should we all just try to make as little mistake as possible and aim for a boring year of preserving gains?
Specifically, if you are a 20 to 30-something singleton, what do you plan to do this year about your investments? The conventional wisdom for this age group is not to be afraid to take on some risks because there’s plenty of time to recover, but then again, a few are beginning to think about quite the opposite: why take on risks when you have plenty of time to grow your money?
If you’re a 30 to 40-something with a family to take care of, how do you intend to take care of your funds this year? If you have been investing in mutual funds for the last 10 years and were counting on returns in 2008 or 2009 to fund a child’s education, that’s a major headache.
If you’re in the home stretch at 50 to 60-something, how are you planning to cope in a depressing year? I can’t even begin to imagine how it must be for you.
In general, do you think the death of stocks and financial markets are written in the stars, or do you think this market still have legs to run? What’s your investment strategy for 2009?
26 Responses to “SURVEY: Investment strategy for 2009”
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Pages: « 6 5 4 3 2 [1] Show All
January 7th, 2009 at 6:52 pm
Last year, I invested in a mutual fund here just before crisis happened
The NAVPS now have gone down to 50% but I’m holding on since I keeping the investment for a few years. My objective is to continue my monthly additional investments and to replenish my emergency fund 
Despite the fianancial crises, there is still a projected growth here (because the main industry here is natural gas and petrochemicals) though things will slow down.