Buy Buy Buy...
- Thread starter Jarod
- Start date
lol. I think you'll probably win. Once people realize that there is no need to panic the markets will come back together. You drop it in now when everybody is selling and you'll do better than those who sell when everybody is selling and buy when everybody is buying...
DamnYankee
Loyal to the end
Better to have bought silver yesterday...
apple0154
MEOW
After paying my assorted mechanic's bills I put almost all my expendable cash into the market. A head of lettuce, two tomatoes, 1/4 lb of cold cuts and a crusty loaf.
I'm happy you're taking my advice.....but why only half.....show some faith....go all way and then sell your car for a little extra.....you'll have Soros calling you for a loan after the 2012 election.....
Cancel 2016.2
The Almighty
Ironically, US Treasuries have been a great place to be the last two weeks.
One Rule of Investing: Don't try to catch the falling knife.
One Rule of Investing: Don't try to catch the falling knife.
DamnYankee
Loyal to the end
I'm just holding my investments that are basic in nature. Look at the Depression: folks still needed soap and food. Basics are as valuable as precious metals.
Cancel 2016.2
The Almighty
Its ironic because St. Obama kept trying to scare everyone into believing we 'might' default. It was total bullshit and everyone who understands economics knew it.
Its ironic because St. Obama kept telling us how interest rates would rise rapidly blah blah blah if he didn't get what he wanted... Well, he didn't get what he wanted and rates plunged.
We are most certainly in a debt crisis. Our debt to GDP hasn't been this high in decades. You keep pretending that because we are the reserve currency that somehow it doesn't matter. THAT is where you are wrong. It matters. We are not Greece, Ireland, Spain etc.... YET.... but we are on the same path and sprinting full speed to catch them. THAT is the crisis. THAT is what must be changed. The idiotic policies of the OBAMA along with his lackeys Reid and Pelosi must go. They have proven since 2007 that they are less fit to lead than Bush... and that is saying A LOT.
Countries in the midst of a debt crisis do not have the interest rates that we have. Period. I know it's fun to pretend that's where we are because you think it supports your preferred policies, but we have no debt crisis.
And we're actually following the lead of the Europeans not by increasing our debt burden but by trying to shrink our way to growth. It doesn't work. The market is finally waking up to this fact.
Cancel 2016.2
The Almighty
Again moron, the issue is the debt to GDP and the problems it will create in the future. Again moron, the current interest rates are also reflective of the fact that while we suck, we are still stronger than most other countries and when the investment money HAS to go somewhere, it will go to perceived relative 'safety'. Right now that is German bunds, Swiss Franc and US Treasuries. That does NOT change the fact that we are on the path of Greece, Ireland, Spain etc.... as I stated, we are not at their levels now. We are also not at JUNK status like them either. The point you incredible party hack is that we are heading fast in that direction. THAT is the crisis.
I know morons like you prefer to push the problem into the future until it becomes too large too fix.... see Greece for a prime example of that. I know you prefer we actually need a bailout before declaring a crisis. Some of us actually prefer to use foresight. To see the problems and address them BEFORE they reach crisis level.
Do continue sticking your head in the sand... or rather up your Dem masters ass... it is all you are good for.
If we were on the path to crisis we wouldn't be AA+ or anything close to it. We're not junk because we're not in a crisis.
You want to adopt the types of policies the Greeks are adopting now to avoid being in a situation like the Greeks in the future where we have to adopt the very same policies. It's asinine.
I'm more worried about the problems we actually have right now and addressing those as opposed to the problems we might have in 10 years. The upside is that if we improve our economy right now, the problems in the future are lessened.
Down 630 points today Jarod.....get the other half of that expendable cash ready and dump it in......Don't forget....hope and change..or..hope it changes...
Lowaicue
英語在香港
Dont put new money in yet. Its white knuckles for a while, but then - then there will be bargains!
In 2008 I bought HSBC for HK$37.90 (I think - it might have been HK$39.7
. I sold half at HK$91.0 and kept the rest which is now falling back 71.6 yesterday. How far will it go? Just got to stay awake, that's all.Cancel 2018. 3
<-- sched 2, MJ sched 1
given he used only his expendable cash....he will come out ahead. once everyone calms down and realizes this is not end of the world crisis they think it is....the market will rebound. of course that depends on what stocks or funds jarod put his money in. iirc....he claims to have won some multimillion dollar lawsuit, and if the fees are what i think...jarod is a multi millionaire and can weather this, regardless of outcome.