Value Investing 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.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (33171)	1/1/2009 12:14:26 PM
From: Spekulatius	Read Replies (1) of 78615

I am down 21% this year in my main IRA account. Trading and holding cash has helped quite a bit. My 410k account with limited choices is far worse. I am very incertain about the next year it could be a good investment year or an very bad one. The economy is going to be far worse than any of us (at least for me my span dates back to 1982) has seen, I fear. I think the credit markets are slowly unthawing, at least for some better credits. Financials are probably the iffiest prospects - on one hand we have low interest rates but on the other hand we have a economy that has fallen off the cliff and while the subprime loans have to been written off (I think) a new batch of subprime is created every time the housing prices go down or a retailer goes out of business. I would not be surprised if banks would essentially get nationalized in the US. I think the current calm period with reduced volatility will end very soon. Maybe that is already an off topic rant here but I am gravitating away from a pure value approach and try to include the market psychology as well as the macro picture in my investment approach.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next