OMG, What is going on with the markets?
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Seems the Greeks are protesting again, but what is a lot worse, here in England, those on a pay level I can only dream of. Are going to strike for a pension cut. I won't spit on them to save money... Haha
Always forgive your enemies, nothing annoys them more. Oscar Wilde
R3dm0 wrote:
Seems the Greeks are protesting again
I'm not at all surprised. Their exports of Humus and Taramasalata have fallen to an all time low. They are suffering a double-dip recession.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
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R3dm0 wrote:
Seems the Greeks are protesting again
I'm not at all surprised. Their exports of Humus and Taramasalata have fallen to an all time low. They are suffering a double-dip recession.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
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R3dm0 wrote:
Seems the Greeks are protesting again
I'm not at all surprised. Their exports of Humus and Taramasalata have fallen to an all time low. They are suffering a double-dip recession.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
Henry Minute wrote:
They are suffering a double-dip recession.
That was ouzo bad...
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Seems the Greeks are protesting again, but what is a lot worse, here in England, those on a pay level I can only dream of. Are going to strike for a pension cut. I won't spit on them to save money... Haha
Always forgive your enemies, nothing annoys them more. Oscar Wilde
I've been pondering (along with the rest the world) where is a safe bet to keep or invest money lately? The stock market is a mess, if inflation kicks off the value of any savings in a bank will crash, real-estate values are still dropping, and even the gold market is fluctuating wildly. The investment advice given in Gremlins 2 seems to be a valid option: "We are advising our clients to put everything they've got into canned food and shotguns." :confused:
Kill some time, play my game Hop Cheops[^]
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R3dm0 wrote:
Seems the Greeks are protesting again
I'm not at all surprised. Their exports of Humus and Taramasalata have fallen to an all time low. They are suffering a double-dip recession.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
I'll chip in with my two cents :-\
Steve _________________ I C(++) therefore I am
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R3dm0 wrote:
Seems the Greeks are protesting again
I'm not at all surprised. Their exports of Humus and Taramasalata have fallen to an all time low. They are suffering a double-dip recession.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” I wouldn't let CG touch my Abacus! When you're wrestling a gorilla, you don't stop when you're tired, you stop when the gorilla is.
Henry Minute wrote:
They are suffering a double-dip recession.
It's their own damned fault. After all, the Greeks invented "male bonding;" they should have patented it.
Will Rogers never met me.
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I've been pondering (along with the rest the world) where is a safe bet to keep or invest money lately? The stock market is a mess, if inflation kicks off the value of any savings in a bank will crash, real-estate values are still dropping, and even the gold market is fluctuating wildly. The investment advice given in Gremlins 2 seems to be a valid option: "We are advising our clients to put everything they've got into canned food and shotguns." :confused:
Kill some time, play my game Hop Cheops[^]
thrakazog wrote:
real-estate values are still dropping
There you got it. Wait until the right moment (the hard part) and buy real-estate. And would JSOP ever use a shotgun? No, because they are only for people who could not shoot their way out of a wet paperbag :)
"Dark the dark side is. Very dark..." - Yoda ---
"Shut up, Yoda, and just make yourself another toast." - Obi Wan Kenobi -
I've been pondering (along with the rest the world) where is a safe bet to keep or invest money lately? The stock market is a mess, if inflation kicks off the value of any savings in a bank will crash, real-estate values are still dropping, and even the gold market is fluctuating wildly. The investment advice given in Gremlins 2 seems to be a valid option: "We are advising our clients to put everything they've got into canned food and shotguns." :confused:
Kill some time, play my game Hop Cheops[^]
Calm down... The equity markets are cyclic, and downturns happen. Market prices are driven by uninformed, emotional responses to reports about events that are well-understood by few. Following the herd is never a good idea, unless you're a lemming, and you like swimming a lot. There is only one way to create wealth - take a raw product or idea, refine it, develop it, and sell it to people who need it. If you stick to investing in companies who do this well, you will do well. Maybe not this week, or next, but over time your wealth will grow also. Right now we have a buyer's market, as all equities are suffering from the poor decisions of a few well-known companies. This will pass. But before it does, do your due diligence, research the data to find companies which have a history of solid performance, introducing new, well-received products every five years or so, carrying a small amount of debt, then buy shares while they're unfairly depressed.
Will Rogers never met me.
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Calm down... The equity markets are cyclic, and downturns happen. Market prices are driven by uninformed, emotional responses to reports about events that are well-understood by few. Following the herd is never a good idea, unless you're a lemming, and you like swimming a lot. There is only one way to create wealth - take a raw product or idea, refine it, develop it, and sell it to people who need it. If you stick to investing in companies who do this well, you will do well. Maybe not this week, or next, but over time your wealth will grow also. Right now we have a buyer's market, as all equities are suffering from the poor decisions of a few well-known companies. This will pass. But before it does, do your due diligence, research the data to find companies which have a history of solid performance, introducing new, well-received products every five years or so, carrying a small amount of debt, then buy shares while they're unfairly depressed.
Will Rogers never met me.
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Calm down... The equity markets are cyclic, and downturns happen. Market prices are driven by uninformed, emotional responses to reports about events that are well-understood by few. Following the herd is never a good idea, unless you're a lemming, and you like swimming a lot. There is only one way to create wealth - take a raw product or idea, refine it, develop it, and sell it to people who need it. If you stick to investing in companies who do this well, you will do well. Maybe not this week, or next, but over time your wealth will grow also. Right now we have a buyer's market, as all equities are suffering from the poor decisions of a few well-known companies. This will pass. But before it does, do your due diligence, research the data to find companies which have a history of solid performance, introducing new, well-received products every five years or so, carrying a small amount of debt, then buy shares while they're unfairly depressed.
Will Rogers never met me.
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I've been pondering (along with the rest the world) where is a safe bet to keep or invest money lately? The stock market is a mess, if inflation kicks off the value of any savings in a bank will crash, real-estate values are still dropping, and even the gold market is fluctuating wildly. The investment advice given in Gremlins 2 seems to be a valid option: "We are advising our clients to put everything they've got into canned food and shotguns." :confused:
Kill some time, play my game Hop Cheops[^]
If you are looking to protect your assets as opposed to earning returns on it, I would personally recommend a diversified metals + currency basket.
"I have a theory that the truth is never told during the nine-to-five hours. " — Hunter S. Thompson My comedy.