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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?

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    Stock Market

    By jvossler22  |  Posted August 16, 2011  |  Santa Rosa, California
     

    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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