| Author |
Message |
    
John R Garrison
Senior Member
Username: Majorg
Post Number: 2586
Registered: 02-2006
Posted From: 208.81.157.86
| | Posted on Friday, May 07, 2010 - 08:06 pm: | |
Bill:
The investment firms always make money! If they sell your stock, they get a commission. If they buy your stock...guess what?...they get a commission. "How good is that?"...you bet! John |
Bill Terry
Senior Member
Username: Bill_terry
Post Number: 652
Registered: 06-2003
Posted From: 72.216.27.70
| | Posted on Friday, May 07, 2010 - 07:13 pm: | |
I had a guy that worked in an Investment Firm tell me once that he had the best job in the world. He got paid to play with other peoples money.
How good is that? |
Jack Wanless
Senior Member
Username: Jack646
Post Number: 1833
Registered: 02-2007
Posted From: 66.79.34.110
| | Posted on Friday, May 07, 2010 - 02:30 am: | |
I was going to make a post tonite ref the 14 month high of the dollar vs the euro... I guess that's been covered in the reverse... a buck I think is now worth .78 euro...
Larry,
You and I think exactly alike on all points.... |
Larry W. Carnes
Senior Member
Username: Larry
Post Number: 1140
Registered: 06-2003
Posted From: 63.20.35.239
| | Posted on Thursday, May 06, 2010 - 10:59 pm: | |
"I'd love to see the Dow tank a couple more thousand points...just to watch grown men weep."
A lot of us are hoping for the same thing....just because it creates an excellent buying opportunity. I invested 3 grand in a stock mutual fund a few days after 9/11. It's nearly doubled in value. At least it had until today!
Anyway, the only people who get hurt when the Dow tanks are the faint-hearted ones who get out.
I certainly wouldn't recommend that folks invest everything they have in the market, though. Diversification is the key. A little gold in your portfolio is a GOOD thing. |
TR
Advanced Member
Username: Travel_ready
Post Number: 222
Registered: 06-2003
Posted From: 74.192.161.189
| | Posted on Thursday, May 06, 2010 - 10:10 pm: | |
"I'd love to see the Dow tank a couple more thousand points...just to watch grown men weep."
Looks like you'll probably get your wish. |
Roger Johnson
Advanced Member
Username: Rwjohn6
Post Number: 327
Registered: 05-2008
Posted From: 205.188.116.208
| | Posted on Thursday, May 06, 2010 - 09:41 pm: | |
Without the investments in the early 90's I never could have retired at 52.
Roger in Fl |
Carole G
Intermediate Member
Username: Greengal
Post Number: 97
Registered: 01-2010
Posted From: 68.205.151.181
| | Posted on Thursday, May 06, 2010 - 09:33 pm: | |
Our country's health rides on the stock market. |
Bill Terry
Senior Member
Username: Bill_terry
Post Number: 651
Registered: 06-2003
Posted From: 72.216.27.70
| | Posted on Thursday, May 06, 2010 - 09:20 pm: | |
My Pappy said don't invest in stocks more than you can afford to lose. Heeded his advice and never contributed to the Wall Street Moguls. |
John David Brooks
Advanced Member
Username: Johnb6597
Post Number: 391
Registered: 04-2008
Posted From: 121.55.235.75
| | Posted on Thursday, May 06, 2010 - 09:15 pm: | |
Every penny I own is saved in several different bank accounts fully covered by FDIC. I don't earn much interest, but I sure haven't lost anything I've deposited, either. I'd love to see the Dow tank a couple more thousand points...just to watch grown men weep. |
Carole G
Intermediate Member
Username: Greengal
Post Number: 95
Registered: 01-2010
Posted From: 68.205.151.181
| | Posted on Thursday, May 06, 2010 - 08:53 pm: | |
Hope you don't have any investments. Dow was down 300+ today and at times it was down 1000.
Put your money under your mattress. Ha Ha
Have a good trip. |
Bill Terry
Senior Member
Username: Bill_terry
Post Number: 650
Registered: 06-2003
Posted From: 72.216.27.70
| | Posted on Thursday, May 06, 2010 - 08:39 pm: | |
$1.26 = 1 Euro. Best it's been in a long time. Hope it holds or gets better at the end of the month when I start my trip |
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