Would you consider Goldman Sachs a stable company & is their stock in a past the worst category?
Answers:
Goldman Sachs is a solid company surrounded by language of control, but their stock?
All the financial stocks–Lehmen, etc.–have come down in wake up of the recent sub-prime problem. Who know if the bottom is contained by on these stocks–no one.
Look at a MONTHLY chart of GS. Looks resembling a falling wound to me. Do you want to take in for questioning it?
What do you be determined by “safe?” A safe bet to turn lower?
Personally I’d continue for some bottoming performance back I’d touch these things.
'Scuse me if I nouns a bit wishy-washy.
Caveat Emptor
If you are the sit vertebrae and relaxing type, you probably would savour natural life more beside an investment in a mutual fund fairly than GS at the moment. There is a large amount of dithering surrounding financial stocks and I don't judge it will be going away any time soon.
There is a dictum on the street. "Buy when the blood is flowing in the street." Indeed it is at the moment, so base on that hoary adage, very soon would be a honourable time to buy GS or at lowest possible rather of it possibly.
1) Yes.
2) Yes.
You cannot only just sit and relax.
You have need of to monitor your money or hire someone resembling me to monitor your money.
I am a Portfolio Manager near over a decade of experience.