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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: wlheatmoon who wrote (73279)11/2/1999 7:09:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
it really seems to mean you have MORE. and MORE is what we all want, right? the wonderful perpetual wealth-creating machine... (definition of the stock market by L. Kudlow)

good night!

hb



To: wlheatmoon who wrote (73279)11/2/1999 7:14:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 86076
 
Most people know just enough about stocks and markets to be dangerous. I'm not just being egotistical. 10 years ago I didn't know anyone at work besides myself that traded or even owned stocks.

I bet 75% of the professionals in my office now have brokerage accounts. Most of them have been at it for less than 5 years. They no nothing but 'buy the dip and make mo money'.

They buy RISKY stocks too. Not just ho hum ones. We are near the end my friend. I've been saying that for the last year and a half though. <g>



To: wlheatmoon who wrote (73279)11/2/1999 7:37:00 PM
From: Terry Whitman  Read Replies (4) | Respond to of 86076
 
I'm on a roll- Stop me if you've heard this, but: I think that the whole stock market bubble may be a government conspiracy. No wait, don't laugh yet.

The senior population is exploding. More people retiring every day, and fewer are entering the work (i.e. tax paying) force.
Agreed? No? Have you tried to eat out lately?

How does the government keep these people working and paying taxes to support the ever growing senior population?

1) They create an asset bubble by lowering interest rates to unreasonably low levels, stimulating the economy, and creating dollars.

2) They hide the inflation by altering the formulas that inflation is figured with. This creates a nice 'spread' for them to collect between their actual monetary creation, and the money they have to pay out in entitlements. It buys them some time.

3) They get everyone fully invested in the stock market, homes, cars, and anything else that requires credit or savings. They basically allow anything (Banking reform, etc.) extending credit to anyone that can breathe.

4) Everyone has to work extra hard to pay off their loans.

5) The bubble eventually bursts- perhaps on the government's own order, and all the working folks lose their retirement savings.

6) All the little guys postpone retirement and keep working (and paying taxes). Problem solved.

Back to the glue bong...
<g>