The blue lagoon is a place to visit.....Iceland is hosed ATM though.
I sold some more gold after the climb this week and dumped it back into large/mid cap that had plummeted. We'll see how it works out long term.....should be a great move though.
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The blue lagoon is a place to visit.....Iceland is hosed ATM though.
I sold some more gold after the climb this week and dumped it back into large/mid cap that had plummeted. We'll see how it works out long term.....should be a great move though.
So THAT's what I can do with the ex's ring...
Have we hit bottom yet?
I don't think Soros has made up his mind yet. :satan:Quote:
Originally Posted by LL2
"Look. We have to act. We immediately need $1 trillion in emergency funding in order to avoid a global collapse of the equity markets."Quote:
Originally Posted by mraynrand
Wasn't that about a week ago before the global collapse of the equity markets?
OK, you guys all seem really knowledgeable so I'm hoping you can help me out. I just graduated and started working a year ago. I want to get into investing and trying to get a pretty good understanding, but it seems overwhelming and I don't really know where to start. Any pointers? Books or anything to read?
Thanks
Well, right now stocks are cheap. I don't know much about it myself, but if the freefall continues, I may buy some index funds...
Short the Treasuries. long the gold..........the printing press is going to be started.Quote:
Originally Posted by Freak Out
I seriously thought I'd never see this in my lifetime.
Isn't that where the stock money is going - into T bills? Isn't their yeild really poor. Doesn't that contract everything?Quote:
Originally Posted by HowardRoark
Where is the bottom?
Bills are on the short end.....check out the 10-20 yr range. Rates are going up since last week. Flood of bonds on the market over the next year to fund all this stuff. Lots of stuff for sale=lower price....higher yields. Fed only controls the short end, market controls the long end.Quote:
Originally Posted by mraynrand
Government :evil: :evil: :evil:
At least there is some good news. Gas prices are coming back down. $2.95 here in Chicagoland. My folks in Michigan say they are paying around $2.65. Maybe those SUV's and trucks will start selling again.
Great......that's all we need is a comeback for the full sized SUV. Mogas is still $3.50 here and diesel is $4.50.Quote:
Originally Posted by LL2
So far, year to year, I'm down 160K.
I leave for Central Asia tomorrow.....several countries that end in "stan."
I hope no one suddenly decides to try and improve their own economic situation and kidnap the American.
I don't have much to offer in the way of ransom. :(
Stay safe Kiwon.Quote:
Originally Posted by Kiwon
Bring a Hookah and you'll be just fine.Quote:
Originally Posted by Freak Out
http://www.indiamart.com/ajayindustr...cessories.html
Well, one of the election results I will be most interested in the how the stock market responds on Wednesday.
It's predicted to get a boost either way the election goes.