SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GraceZ who wrote (90753)4/6/2001 12:13:20 AM
From: LLCF  Read Replies (1) of 436258
 
<As I stated before, a higher savings rate isn't directly related to stock prices. Proof is in Japan. They have a far higher savings rate and their stock market has been in the toilet for ten years. Americans chose to "save" their money by investing it in the markets. Americans have been far less risk averse than the Japanese have been for the last ten years. >

Yes, good point... that AND the fact that the Japanese society just doesn't put up with layoffs and such like the U.S. and you've got a worse situation than I thought:

Folks who saved nothing, who WILL get layed off much easier & quicker than over there, and who have all their money in the market...

I've pushed my "Rip van Winkle" wake up and buy the S&P date back another 3 years... and moved my sell limits on my gold stocks up another 500%.

DAK

<What period in history did stocks have reasonable valuations and what were they?>

Common Grace... you must know some market history... <NG>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext