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.
Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 252.74+0.3%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kapkan4u who wrote (79665)5/7/2002 11:27:44 PM
From: Jim McMannisRead Replies (4) of 275872
 
RE:"Couldn't say it better myself. So where do you keep your money these days?

Money market, Oil stocks, a few DOW blue chips, Natural resource stocks, gold etc.
What I have in tech has diminished to a much lesser amount...LOL...
The Sh$t should start to hit the fan over a real shortfall in government revenues starting this summer. Government will try to hide it.
For now, people will try to hang on to their lifestyles but "economizing" is just around the corner, IMHO...

Real Estate here is looking more like the stock market bubble day by day. People are paying ridiculous prices because "they need to get in now because it's gonna keep going up". Never mind, charge those credit cards right up to the limit!

Soon the carrying costs will start to crush the land/lifestyle rush. Taxes increase right along with escalating prices, bigger house, bigger electric bill, higher insurance etc.

Of course, when this collapses it will drag even the resposible people right down with it.

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext