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  • Approved for CNN

  • Click to view jvossler22's profile
    Posted August 16, 2011 by
    jvossler22
    Location
    Santa Rosa, California
    Assignment
    Assignment
    This iReport is part of an assignment:
    Will you still invest in stock market?

    More from jvossler22

    Stock Market

     

    CNN PRODUCER NOTE     jvossler22 shares his opinion on how to successfully invest in today's volatile stock market. 'My only advice for a new investor is research your investments, stick to your plan no matter what happens and only invest in things people can't live without,' he said.
    - jmsaba, CNN iReport producer

    Although I lost over a thousand dollars on the market today I am still up well over $3000 dollars this year to date.

    Since I started watching stocks a couple of years ago, it looks to me like people look for a reason to panic. If you are in a stock that you do not believe in then don't invest in them.

    I buy stock in things that people need and use. I buy stocks in companies that are local and that no matter how bad it gets they will still survive.

    I also protect my self by holding on to gold and that always goes up when things are bad and will always go up....

     

    The picture above is me sneaking a look at some of my investments at work.

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