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Investment risk
I've decided to take a big risk in the stock market. I'm going to put $1000 into Apple, yet wait to see if it gets really low first. For example, under 130, if lucky under 100...pushing it, I know. I feel by doing this while the market is heading into recession, I can make a huge, if not good profit once the recession is over and stocks start to come back. This is what I want to do, but I rather get a professional opinion before doing this. With the current money I have in the market, since it is the recession (assumption), I'm going to place the current amount of money I have now from my portfolio, into CD's and let it build interest. Since I also won a free blackberry phone ($449 value), I'm going to sell that on Ebay and put money into CD's or the market.
The main thing is about the Apple question, and getting your opinion. Thank you.
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