"Insurance, generic drugs, and energy now are likely among the few save harbors for mediocre returns." -- VL
<<Hi Victor,
I guess you meant "safe harbors"....suggesting that these stocks are a safe place to buy stocks at this time. >>
yes, please re-read the last 3 words.
<<IMO there is not a safe place to invest in anything....there is not a "sure thing" as an investment, not a guarantee of specific returns, and not an easy answer of where to put money to receive the desired return. >>
enrgy was up today, maybe drugs too, didn't check. Insurance has strong momentum. (there are stocks in non-.com sectors, you know. Some of these stocks actually have real, healthy co's behind them.)
<<All of investing IMO is about risk....and risk versus reward.>>
it's your money; We are in for the devil going foward, Libby.
<<There was an earlier discussion on this board about the returns in the real estate market. >>
The bulk of the $$ has already been harvested there, imo. RE prices in my neck of the woods are peaking, and that is while rates have begun to decline.
<<and the wireless Internet are IMO the reason to decide to buy specific companies. >>
The projected metrics on wireless internet are turning very bleak. WI may take 6 years to be profitable, if then. Euro wireless is in a tizzy as some of the WI stock plays are plunging.
Victor
(sold all my nrg today.) |
