If only I followed CNBC's advice, I'd be a millionaire. Provided I started with a hundred million....
http://consumerist.com/2009/03/jon-stewart-absolutely-destroys-cnbc.html
BTW...not one person here claims Fox started the Tea Party....They jumped on the bandwagon when the Neo-Cons decided to hijack it from the Ron Paul Nation.......
I use it for opinions and make my own decisions. Like when Eihorn said he was shorting Lehman at $70 or when Buffett said he was buying Wells Fargo and US Bank in Feb and March 2009. You could have also seen problems with Enron, Mci and others. Today people are making calls that oil should be at $68 but it trades higher. Somes things I have learned is nobody is right 100% and you can't fight the tape. But keep watching PBS and watch your money grow. Maybe a bailout will be sent your way.
Then why aren't you investing in other currency markets ? The signs are all over.... the US dollar is falling. And will continue to do so.
I'll be in Mexico this weekend. They will be happier to be tipped in Canadian Dollars now, then US ones.
If you want my advice... Aussie stock market.
one word simplicity. lvs, cenx, pcx, mgm have been cash cows. jpm and intc worked overnight. and now UPS with killer numbers.
I thought it was gonna be higher
Time to sell my mellon shares
anything under 30% gain is a loss ,if invested in US dollars. Thats how far down the US currency went.
1989, getting back to what this thread was suppose to be about. How long are the individual investors going to sit out this run?
1989, getting back to what this thread was suppose to be about. How long are the individual investors going to sit out this run?
Not compared to anywhere else in this world. If you wanna spend any kind of money outside the US. It's gone !Not compared with my expenses.
Not compared with Vagas house values.
If I start with 15K on Jan 1 and have 36K today do I have a loss?
With that 21K one can buy other assets that grow.
MGM just warned, might just be another beat down I've been looking for.
I'm sure the unemployed are going to sit the market out until they find jobs and get their finances straightened out.
most have taken there 401k money already.
So that's why 40% of people who side with the tea party claim to be democrats. I get it now...
Not compared to anywhere else in this world. If you wanna spend any kind of money outside the US. It's gone !
Just finished watching Canandian news, (globaltv,com). They predict atleast $1.25 now Cdn dollar to US), that's another 25% gain if you played it smart.
I'm loving it. My vacation home will now be in the US, unless Mexicans start buying them all up !
I never have never spent money outside the US since I was 16 and that was for only candy and beer. I have lowered my donations significantly and am looking to spend cash in the vegas housing market. (because I don't want to leverage those assets just yet) Curently have a stop loss on PCX @ 23.35 and LVS @ 23.75. If they hit, that will be a quick 650 and 450 respectively. If they don't, it will be higher.
I don't know why you would want to invest into Las Vegas. It's certainly not a place where the baby boomers will retire.
Vegas will continue to drop. Might even become a new Detroit (ghost town sections everywhere).
The economy is far from being recovered. I think the real disaster has just been postponed.
You don't need to spend money outside the US. You will soon feel it, as inported goods become more and more expensive.
Oil and commodity prices are felt instantly.
Just a matter of a short time before everything else follows..