NOFX October 2, 2008 Share NOFX Member October 2, 2008 (edited) Investing in companies that deal with foreclosing companies might be a winner there are such things out there.... Someone explain "value funds" please. My new coworker happened to be transferring all his company stock from his previous job when the market went crappy last week. He had it all in the bank at that time by pure chance. When he put it back into the market he made over $12k on that first day. Unfair. not really unfair.. Just by chance... A coworker of mine bought Wachovia the day after it fell to a $1. He put quite a bit of money into it and then sold it around $3.30. Is this unfair? While everyone who held on to their stock lost about 60-70% of their money. He ended up 200%. Even if the market is bad you can make alot of money in a volitile market if you know what your doing. A value fund is basically the lowest risk fun available. I have one and I've gained 2% on the year, but I basically have no money in it... Edited October 2, 2008 by KNOWFX Link to comment Share on other sites More sharing options...
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