Business

Panic with the roller coaster DOW?

18 Comments 28 September 2010

DOW Jones

The Stock Market rises and falls daily.  I think we all know that.  While sitting at work, I’ve seen people monitor their portfolios throughout the eight hour work day.  As stocks fall, so the loud screams of displeasure bellow throughout the office.  You would think that someone had taken these people’s life in a matter of seconds.

Just a year ago, the US freaked out as the DOW hit an all time low.  All of the minions panicked as they saw their thousands of dollars dwindle away.  Warren Buffett lost millions yet he sought to purchase more stocks during this time than he ever had.  And even though stocks prices are considered to be low to many, compared to a year ago, the DOW is up approximately 14%.  So investors like Warren, have made a substantial amount of money.

So is there real concern over the cyclical up and down of the DOW.  On your mark, get set, go!

Is there really cause for panic as the DOW rises and falls daily?

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