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  • e trade baby


  • #2
    ya , a great time to invest LOLIOLOLOLOL
    DG's hero has stuck in the mud

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    • #3
      Originally posted by SpiderGearsMan View Post
      ya , a great time to invest LOLIOLOLOLOL
      DG's hero has stuck in the mud
      kenya's rating is at least going up..

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      • #4
        I don't see this as particularly funny. Of course, if you don't have anything to lose, maybe it is. Bad shit is coming down the pike and you guys yuk it up. When you see triple digit inflation and dwindling supplies, you're gonna start thinking "wow, that ethanol looks pretty good if you can make it yourself" "wow, those hippies who can survive without infrastructure don't look so stupid now"

        My suggestion is to start hoarding viton. It will live with ethanol.
        Last edited by Beagle; August 7, 2011, 10:59 PM.
        Flying south, with a flock of bird dogs.

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        • #5
          Originally posted by Beagle View Post
          I don't see this as particularly funny. Of course, if you don't have anything to lose, maybe it is. Bad shit is coming down the pike and you guys yuk it up. When you see triple digit inflation and dwindling supplies, you're gonna start thinking "wow, that ethanol looks pretty good if you can make it yourself" "wow, those hippies who can survive without infrastructure don't look so stupid now"

          My suggestion is to start hoarding viton. It will live with ethanol.
          best thing that could happen is wall street fell off a cliff,
          big biz killed this country, time to go back to local biz.
          this has been coming for a while, gardening will not be a hobby much longer

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          • #6
            Originally posted by SpiderGearsMan View Post
            ya , a great time to invest LOLIOLOLOLOL
            DG's hero has stuck in the mud
            welfare must have twisted your brain? my heroes aren't politicians.
            www.realtuners.com - catch the RealTuners Radio Podcast on Youtube, Facebook, iTunes, and anywhere else podcasts are distributed!

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            • #7
              I'm feeling the E-Trade Baby's pain!
              sigpic

              Just an Old Drag Racer that still has dreams of going fast!

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              • #8
                This is when I wish I had more education in the stock market - more intestinal fortitude, and could live on less sleep - there are folks that will make money while the market drops, and make more when it comes back up - instead of just recovering as most of us will.

                This sucks out loud - this along with the housing market crash -
                my generation is taking it firmly up the backside with a 40 morse tapered coursely knurled shaft.
                There's always something new to learn.

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                • #9
                  My wife keeps checking her 401K and getting sick just like she was a while ago.
                  Originally posted by TC
                  also boost will make the cam act smaller

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                  • #10
                    Unless you know where to move stuff - what's the sense in checking?

                    did I mention this sucks?
                    There's always something new to learn.

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                    • #11
                      Thats kinda what I was telling her. I've been telling her for years to just forget about it.
                      Originally posted by TC
                      also boost will make the cam act smaller

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                      • #12
                        It's like a bad re-run. I finally start seriously saving for my future in 2000 and it's been a rollercoaster the entire time.
                        I keep trying to be an optimist but my god it hasn't been easy.

                        At least the stuff my monthly 401K expenditure is buying will be on sale for a while.
                        That’s the point, buy low - sell high, right?? I keep getting doing it wrong.
                        Last edited by mike343sharpstick; August 8, 2011, 10:23 AM.

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                        • #13
                          thus the reason for the big hit if you pull out of your 401k's..
                          sorry, but I'll bet this was planned years ago to be part of the 401k/mutual fund push.. get boomers to invest , use their money to make money and when it's time for withdrawals to pay the boomers, kill the value of their "investments" and just say "sorry,investing in the markets involves risk"
                          it was all planned for day one.. and boomers got hooked,line and sinker... just another part of the big big lie



                          bet they wish they didn't walk away from pensions and into mutual funds and 401k's now..

                          another note

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                          • #14
                            NEW YORK (AP) -- The U.S. stock market joined a sell-off around the world Monday in the first trading since Standard & Poor's downgraded American debt.
                            The Dow Jones industrial average fell more than 450 points in afternoon trading. Treasury prices rose -- despite S&P's assessment that they were a riskier investment than the debt of some other countries like Canada and France. Investors still view Treasurys as one of the world's few safe havens from turmoil in other financial markets like stocks or commodities.
                            The yield on the 10-year Treasury note fell to 2.35 percent from 2.57 percent late Friday. A bond's yield drops when its price rises. The 10-year note's yield fell as low as 2.06 percent in 2008.
                            "Other AAA-rated sovereign debt issues are arguably in worse condition than the United States," said Bill Stone, chief investment strategist for PNC Financial. He pointed to the AAA-rated United Kingdom and France. Relative to the size of their economies, both have higher debt loads than the United States. The dollar's status as the reserve currency for the world also helps keep investors coming back to Treasurys.
                            Monday was the first chance for global investors to respond to S&P's announcement late Friday that it was reducing its credit rating for long-term U.S. government debt by one notch, from AAA, the highest rating, to AA+.
                            The move wasn't a total surprise but came when investors were already feeling nervous about a weak U.S. economy, European debt problems and Japan's recovery from its March earthquake.
                            Fresh memories of the financial crisis three years ago are also driving investors away from risky investments and into what's considered safer.
                            "Fear of a repeat of 2008 is what's really driving investments," said Gary Schlossberg, senior economist with Wells Capital Management.
                            In other trading on Wall Street, the S&P 500 index fell 60 points, or 5 percent to 1,139. The Nasdaq composite index fell 126 points, or 5 percent, to 2,407. The Dow was at 11,009, down 3.8 percent.
                            Last week, the Dow Jones industrial average fell almost 700 points. That was its biggest point loss since October 2008, during the financial crisis. The Dow has dropped in nine of the last 11 trading days.
                            The S&P 500 is already down 11 percent so far in August. If it stays down just that much, it would be the worst month for the index since October 2008.
                            Stock markets in Asia began the global rout. The main stock index fell almost 4 percent in South Korea and more than 2 percent in Japan. European markets opened later and fell, too, with Germany down 5 percent and France 4.7 percent.
                            Gold, considered to be a safe investment, rose more than $70 per ounce, to $1,721. Monday was the first time gold was above $1,700 although after adjusting for inflation, its price remains below its 1980 record. At that time an ounce cost about $2,400 in today's dollars.
                            Gold began the year at $1,421.40. It has climbed steadily as worries rose about high debt levels in both Europe and the United States. It went above $1,500 per ounce in late May.
                            Moody's, another of the other key credit-rating agencies, on Monday stood by its top Aaa rating for the United States. It said it could downgrade the U.S. if it doesn't improve its long-term finances by cutting its deficit, "but it is early to conclude that such measures will not be forthcoming."
                            Standard & Poor's also on Monday downgraded the credit ratings of mortgage lenders Fannie Mae, Freddie Mac and other agencies linked to long-term U.S. debt. Fannie and Freddie own or guarantee about half of all U.S. mortgages. Their downgrade could mean higher mortgage rates for consumers.
                            Worries about weaker profits that could result from a slowing economy have slammed the financial industry since late July. As a group, financial stocks in the S&P 500 index fell 4.9 percent on Monday to their lowest level since July 2009.
                            Bank of America Corp. has been the hardest hit. It fell 13.7 percent after AIG filed suit against the bank. The insurer alleged Bank of America sold it overvalued mortgage-backed securities. The bank denied the allegations. Its stock has dropped by nearly 50 percent this year.
                            Stocks in other industries whose profits are closely tied to the strength of the economy also fell sharply. Energy stocks in the S&P 500 fell 4 percent, for example.
                            The smallest losses came in safer industries whose profits tend to be steadier, regardless of the economy. Even in a bad economy people will still buy things like toothpaste and bread. Consumer staple stocks fell just 1.5 percent. Utilities, also a necessity for consumers, fell 2.8 percent.
                            The Vix index, a measure of fear among investors, shot up 26 percent to its highest level since May 2010. The index shows how worried investors are that the S&P 500 will drop over the next 30 days. It does this by measuring prices for stock options that investors can buy to help protect their portfolios.
                            Investors are worried that Spain or Italy could become the next European country to be unable to pay its debt. The European Central Bank said it will buy Italian and Spanish bonds in hopes of helping the countries avert a possible default.
                            Seeking to avert panic spreading across financial markets, the finance ministers and central bankers of the Group of 20 industrial and developing nations issued a joint statement Monday saying they were committed to taking all necessary measures to support financial stability and growth.
                            "We will remain in close contact throughout the coming weeks and cooperate as appropriate, ready to take action to ensure financial stability and liquidity in financial markets," they said.
                            Crude oil, natural gas and other commodities fell on worries that a weaker global economy will mean less demand. Oil fell $3.47 to $83.41 per barrel.
                            Worries about the U.S. economic recovery have been building since the government said that economic growth was far weaker in the first half of 2011 than economists expected.
                            The economy grew at a 1.3 percent annual rate from April through June, below economists' expectations. It expanded at just a 0.4 percent rate in the first quarter. The first half of 2011 was the slowest since the end of the recession.
                            Then reports showed that the manufacturing and services industries barely grew in July. Job growth was better than economists expected last month. But the 117,000 jobs created in July were still well below the 215,000 that employers added between February and April, on average.
                            The Federal Reserve will meet on Tuesday, but economists don't expect much to come out of the meeting. The central bank's key interest rate is already at a record of nearly zero, where it has been since 2008. The Fed has also already said that it plans to keep rates low for "an extended period."
                            The central bank finished a $600 billion program in June to buy Treasurys in hopes of supporting the economy. Chairman Ben Bernanke said last month that the Fed would step in to help the economy if it further weakened. But some Fed policymakers oppose more bond purchases, saying it could lead to higher inflation.
                            Fears about a weaker U.S. economy have overshadowed profit growth that companies have reported for the second quarter. For the 441 companies in the S&P 500 that have already reported, earnings rose 12 percent in the second quarter from a year earlier. Revenue growth has also topped 10 percent for the first time in a year.
                            Tyson Foods rose 0.8 percent after it reported stronger profit than analysts expected. The largest U.S. meat company said its net income fell 21 percent because of higher grain costs, but analysts expected a steeper drop.
                            Tyson was one of just five stocks in the S&P 500 to rise on Monday. The biggest gain came from Newmont Mining Corp., which benefited from higher prices for the gold that it produces.
                            Verizon Communications Inc. fell 3.9 percent after it was unable to come to terms with 45,000 workers on health care costs, pensions and other issues.

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                            • #15
                              my stocks and retirement all got cashed in 8 years ago , missed out on the bloodbath all the daytraders had

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