GST
yah..agreed, if you are foolish enough to use margin(or even go 100% stocks). I am putting in money in companies that I had followed for years and I trust that they will survive almost anything(or atleast a 3 quarter recession).
I find some stocks to be great buys at this point--they beat the pants off my CD's. I am buying slowly, because I am hoping for slightly better buys, and also because my CD's are staggered(I have disabled my margin, to enforce discipline).
Further, I have tried to make my money market funds look like an SDR(by keeping 20% of my money in Euro's and 10% in Aussies). I don't know if it helps, but it somehow gives me a little more peace of mind. Also, it helps that both these currencies have higher yielding CD's, Euro is going to actually get circulated in 3 months, and any recovery in world growth will be good for Aussie.
I would never buy junk like AMZN even at these prices, but companies like intc, gmst, sebl, chu are worth a look.
I really don't think a "global war" is in the works--that guy in the cave has done his worst already, and he is going to get his narrow a$$ kicked!!! |
