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There's no better time to buy stocks than during a market panic. Japan is a wealthy country. The Japanese work ethic is unbeatable. Now is a great time to buy

There's no better time to buy stocks than during a market panic. Japan is a wealthy country. The Japanese work ethic is unbeatable. Now is a great time to buy Japanese stocks.

kelnos 16y ago
Be careful. Good work ethic doesn't always mean business success. The two are correlated, but that doesn't suggest that tossing money at any Japanese company is the way to go. Still do your due diligence and only invest in solid companies. This is certainly an opportunity, but not a reason to be irresponsible.
- citizenkeys 16y ago
  Here's a list of companies "from or based in Japan": http://en.wikipedia.org/wiki/List_of_companies_of_Japan http://en.wikipedia.org/wiki/List_of_companies_of_Japan Sony, Toyota, Honda, Nintendo, etc. Japanese companies like these that were a great investment a week ago are still a great investment. Only now the stock is less expensive because of a temporary panic. Smart money is buying up all the stock possible for these companies before they can rebound.
  - PakG1 16y ago
    The big question is how the operations of each of those companies is affected. If operations are hugely impacted and would require time to rebuild, their stocks will not rebound so easily.
    - kelnos 16y ago
      Good point, but if you consider corps like those mentioned by the parent, they are clearly internationally-diversified companies. If their operations in Japan alone are impacted, it's cause for concern, certainly, but the company as a whole is likely none the worse for wear, and this is just Mr. Market overreacting as he likes to do.
travisp 16y ago
And yet, Japanese stocks had 0 or negative returns for more than 20 years. In addition, even with the current drop in the Nikkei, the Nikkei was lower two years ago. What makes the Nikkei more attractive at 8600 following this major disaster than at 8000 in May of 2009 when there had been no major disaster? Did you buy then? Why or why not? Are you applying any rational financial analysis of the market, or just emotionally jumping at "oh a disaster, people must be overreacting, therefore I should buy"?

There's no better time to buy stocks than during a market panic. Japan is a wealthy country. The Japanese work ethic is unbeatable. Now is a great time to buy Japanese stocks.

kelnos 16y ago

Be careful. Good work ethic doesn't always mean business success. The two are correlated, but that doesn't suggest that tossing money at any Japanese company is the way to go. Still do your due diligence and only invest in solid companies. This is certainly an opportunity, but not a reason to be irresponsible.

citizenkeys 16y ago
Here's a list of companies "from or based in Japan": http://en.wikipedia.org/wiki/List_of_companies_of_Japan http://en.wikipedia.org/wiki/List_of_companies_of_Japan Sony, Toyota, Honda, Nintendo, etc. Japanese companies like these that were a great investment a week ago are still a great investment. Only now the stock is less expensive because of a temporary panic. Smart money is buying up all the stock possible for these companies before they can rebound.
- PakG1 16y ago
  The big question is how the operations of each of those companies is affected. If operations are hugely impacted and would require time to rebuild, their stocks will not rebound so easily.
  - kelnos 16y ago
    Good point, but if you consider corps like those mentioned by the parent, they are clearly internationally-diversified companies. If their operations in Japan alone are impacted, it's cause for concern, certainly, but the company as a whole is likely none the worse for wear, and this is just Mr. Market overreacting as he likes to do.

travisp 16y ago

And yet, Japanese stocks had 0 or negative returns for more than 20 years. In addition, even with the current drop in the Nikkei, the Nikkei was lower two years ago. What makes the Nikkei more attractive at 8600 following this major disaster than at 8000 in May of 2009 when there had been no major disaster? Did you buy then? Why or why not? Are you applying any rational financial analysis of the market, or just emotionally jumping at "oh a disaster, people must be overreacting, therefore I should buy"?