Here endth the lesson....
I am going silent and will watch the panic as this ponzi market driven by "the FED no ROI on savings scheme" plays out!
The chaos and poverty caused by the FED policies is going to be horrific!
The stats don't prove you out Don. Long term investment is a thing of the past. If you have insider information, run in corrupt Wall street circles maybe you can make some bucks but that is just foolish thinking for the little investor!
This market will roll over in the near future and September of 2008 will look like a picnic! I figure at least a 50 - 60% haircut. Don't believe me? Just ask yourself why every time the FED mentioned tapering do you see a 200 point down day! They have to get out of the bond buying program and when this happens, all of your profits will evaporate, most likely pre-market!
It will go something like this....moron_alarm will be scream at the top of his or her lungs....
TURN THOSES MACHINES BACK ON!
One hell of a correction coming!
Hang in there savers, the economic pain the FED has forced upon you, "the use to be backbone of the economy" will end soon! The economic reset that is coming is going to be horrible but the savers will come out the other side intact!
This type of manipulation is exactly why folks refuse to invest in the stock market, especially when the vast majority of the loss was printed pre-market before regular people could even get a trade down!
You are such a propagandist....you don't even seem to have an original thought in your small brain! The last time I read one of your comments you were saying that you had to fire 5 employees because of the ACA? You are a liar and a poor excuse for a citizen.
See what Wall street does...no warning, just don't buy the debt some month soon!
U.S. equities, averaged -0.2% over the 15-year period through December 2012 (although U.S. small/mid caps averaged 3.8%), international equities averaged 0.9%, European equities average 1.0%, and Japanese equities were the worst performers, at -1.8%. With these types of returns why in the hell would any little guy put money at risk in the markets. Better to keep it under the mattress!
The only reason I have any currency is normal day to day commerce while I receive nothing on my attached money market account other than free checking! The day the bank tells me they are going to start charging me a fee to keep my money in a market account will be the day I say kiss my butt...Again the FED is causing this discussion because the banks are parking all of their cash at the FED and the FED wants the banks even further in the ponzi markets! You just can't make this stuff up....Get out of the markets FED! Your work is done...time to let the economy find its own way!
All Ponzi schemes blow up, it's just a matter of time! This one is so easy to understand....and the lemmings just keep jumping in with the sharks! Laughable!
Don, how much have you really made when you take into consideration the crashes in 87, 2000, 2008 and then just the general churning of the markets? Mutual fund returns are horrible...and being an active investor own your "home computer" is laughable! The sharks are putting their servers in buildings close to the exchanges and information centers just to get a few microsecond advantage...and you think the common folks can win? ha...just plain foolish... Wait and watch as tapering begins and their is no appetite for Uncles Sammies debt once the FED stops backstopping by buying close to 70% of it each month!
Hang tight savers, your time will come....the FED distortion of the market place will end soon!
Never in the history of the United States of America have savers / modest people been viewed as the enemy of the economy!
I need nothing more than to point out hoodlums like this to prove my point, the markets are over priced! Like getting stock tips from the shoe shine boy back in the 20s...ha
Go play with the sharks....one morning in pre-market you will wake up and see 25 - 40% of your money gone.....yeah but yeah you will scream, I didn't even get a chance to trade!
People are so foolish clinging to the thought that "this time it's different".......
The market is trying to suck the little guy and 401k money back into the Ponzi scheme. Watch the slick TV ads that show couples sitting in brokerage offices saying....maybe it's time honey that we got back into the markets?...ha The trap has been baited, the FED has forced interest rates low providing no alternative for a safe return on savings. They see all that money on the sidelines and want it back at risk.....I say screw them and the Wall street crooks. Take it to the grave or buy some gold because although they are winning now, that has not been the outcome of this type of a policy during the course of history! Papering debt by printing worthless backing coin or currency has never worked. Here endth the lesson!
I like to worn the little guy to keep out of the market and let the sharks eat each other! Greed is interesting and the little guy might think, good god, I got to get back into the game......Ha just crazy to watch the FED fuel and the cheer leaders climb on board!
Too funny.............. watching the Euphoria, reminds me of the crash of 87!
Couldn't tell you knuckleheads anything in the first 9 months of 2008....no bubble in housing, this time it's different....ha