Let’s Talk
Gregory: I’ve been thinking about getting into the stock market, but I don’t know where to start. What do you know about buying stocks?
Sylvia: Well, I have a few investments, so I know a little about it. Now it is probably a good time to invest. The market is low; prices are probably pretty good.
Gregory: So you mean it’s high time to enter the market? What kind of stock do you suggest?
Sylvia: I won’t recommend any specific stock. You have to make the decision on your own. If you want to make money quickly, you could try speculating.
Gregory: What do you mean by speculating?
Sylvia: You buy stocks that go up quickly for a fast profit.
Gregory: Isn’t that risky? Stocks that go up fast also tend to go down fast.
Sylvia: You just have to guess how high they’ll go, and then sell when you think they are about to come down. If you guess right, you can make lots of money in the blink of an eye.
Gregory: But I hear that many people guess wrong. When they think the market is already very low, they start to buy. Then the market continues to drop.
Sylvia: In that case you will lose your shirt. But to make money, you have to take changes.
Gregory: Hmm, I’m not much of a gambler.
Sylvia: So you probably want to stick to blue chip stocks for a guarantee return on your investment.
Gregory: That sounds right up my alley.
Gregory is thinking about getting into the stock market and wants to know how to buy stocks.
Sylvia say the market is low, so prices are probably pretty good.
Gregory sees it is high time to enter the market.
Sylvia Suggest speculating, which means buying stocks that go up quickly and then selling quickly for a fast profit.
Gregory finds it risky because stocks that go up fast also tend to go down fast.
Sylvia says that he has to guess how high they will go and then sells when he thinks they’re about to come down.
Gregory hears that many people guess wrong. When they start to buy, the market continues to drop.
Sylvia says that, to make money, he has to take changes.
Gregory admits that he is not much of a gambler.
Sylvia suggests that he stick to the blue chip stocks for a guaranteed return on his investment.
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