Ask Michael Burke Message Board

STOCKTALK

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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (95721)	4/28/2002 11:48:32 AM
From: Joan Osland Graffius	Read Replies (1) of 132070

Tommaso, What I thought was interesting with this friend of mine, that is down over 40% from the high in her capital assets, is she was starting to take a look at reality. The problem is most people don't know anything about what their brokers and money managers are doing. They don't understand what is in there mutual funds and would not know if any of the stocks have reasonable values. It is just a mess out there. BTW, this person confessed to me yesterday that in December she talked to her money managers about buying a gold fund. She got this stupid idea from me. And they told her this was not a good idea. The beat goes on. <g> I had another friend call me yesterday - this person has been conservative during this period and she had a bunch of GSE debt called. She was asking what she could be considering when re-deploying the cash and we talked about some insurance against the US$. I offered to give her the annual and quarterly's from TGG, FAX and FCO. She said no because she would not understand what she was reading. It will be interesting to see how this all ends. I am sure at some point in time these brokers and money managers will be out of business Joan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next