Run for your lives
http://online.wsj.com/video/stock-se...ideocarousel_2
Run for your lives
http://online.wsj.com/video/stock-se...ideocarousel_2
“Jealousy is the tribute mediocrity pays to genius.” -- Archbishop Fulton J. Sheen
One word: GOLD
"Doc, just set them fingers sose I can hold the wheel"
James Hurtubise, June, 1964
There is only one sure way to lose money in the Stock market............Sell.
Host and Executive Producer
South Florida Motorsports Report
My 401K doesn't have a safe option. Every choice is either in the stock market or in a fund that lends to the financial sector. I can't escape.
Ahahahhahahhaha watching pixel money going *poof* like a fart in the wind is almost as funny as watching Barry and the Creature struggle with a teleprompter.
If you don't hold it, you don't own it
A correction that was overdue. Gold should only be bought when nobody likes it, never buy it when paid stooges are shilling it on TV. While deflation is the short term concern, most of us expect that the huge increase in money supply will not be bailed out by the historically low velocity of money forever, and when money begins to turn over again we will have much higher inflation. Also, the government will have to inflate its way out of its debt at some point. Bottom line, bond prices are likely to get creamed by higher interest rates within a few years.
If you have a five year plus time horizon, you should be buying stocks now. If you cannot stand volatility (makes you sell at the bottom and buy at the top), buy 6 month or one year cd's untill interest rates go up a bunch, then buy bonds.
All rides are bought. But occasionally the currency is talent.
"I'd rather entrust the government of the United States to the first 400 people listed in the Boston telephone directory than to the faculty of Harvard University." -William F. Buckley, Jr.
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