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.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (117501)1/13/2009 1:15:26 AM
From: Skeeter Bug  Read Replies (3) of 132070
 
Knighty, before embarking on a few financial questions, i'd like to throw out a question with quite an ironic answer...

take two investors...

one dumps $500k into an S&P index in mid 2007, while the other dumps $500k into Bernie Madoff's ponzi scheme at the same time.

question: who has more money in 2009?

assuming SIPC covers Madoff's scam, the ponzi scheme participant has made out like a bandit and gets 100% of their investment back while the S&P investor is on retirement life support.

ah, what a world we live in today...

on to investing...

1. i own a bit of GCS. it has been hammered and i'm wondering if it is time to double up. we're talking a small play since it doesn't take much to "double up" anymore. ;-)

2. What do you think of TNH below $100? nutty cramer discussed this play and mentioned it had a 15% yield.

3. what do you think of APC as a way to get into the natural gas theater (yes, this is investment war!)?

also, a relative has lots of money tied up in 5% CDes. is there any way to trade those CDes for a profit given that interest rates are currently lower than their 5% return or are they stuck until maturity?

as always, tia...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext