Thursday, October 09, 2008

The worldwide fall in stock prices

Recently, many articles about the worldwide fall in stock prices fill the pages of newspaper everyday, but I don’t know very much about the economy and finance, so I can’t understand the seriousness of the crisis.

Some colleague which knows a lot about economic affairs says that we should buy stock now, but I don’t even know where can I buy stocks.

One of them says that the best method to learn about finance is to actually buy stocks actually. He bought foreign exchange (FX) before and lost 100,000 yen. However, because of it, he learned lot, so now he enjoys reading news about the economy. I don’t know whether it is expensive or cheap to pay 100,000 to study finance, but I am interested in buying stocks. Because not only can I learn, I may make a lot of money by fluke.

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