Citigroup Stock Now Cheaper Than an ATM Fee

Since a lot of people are losing their homes and their cars due to losing their jobs, I think a law should be passed that if this happens, then it would not affect their credit at all. But, that is if they lose there jobs through no fault of their own! We recently bought a Toyota Corolla last June 2008, but when it came time to start making payments it was taking all of our extra cash, and we bought the car when gas prices was over $4.00 a gallon. I called the dealership and ask them if we could change the contract and lease the car instead, which would have been less expensive for us and of course they said NO. Fortunately, we refinanced our house in August 2008 and had the Toyota refinanced with the house so we were able to keep our car. But right now a lot of people are losing homes and cars and their credit will be ruined for at least 7 years. Later when they get on there feet financially no one will approve a loan for them because their credit will be bad. Think how many people this will affect. So how is the economy ever going to improve if these same people cannot get a loan because their credit rating is bad???

reason:”I have an urge to buy up a bunch of these cheap stocks, but I don’t know that much about that kind of stuff.”
If you want to invest, open an online brokerage account and put a little bit into a low-load index fund every month. Most analysis has found this is the best way for a casual investor to get into the market and with the current level of the DOW, it is pretty unlikely you’ll lose money over a 10 year horizon. That’ll have you investing in all the bargins.
If you want to play the horses, online accounts have really low trade fees and you can buy as many or few shares as you want. Wade on in and play (although that is gambling – an index fund is the least risky approach).