Silicon Investor (SI) -- The First Internet Community

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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (197152)	4/20/2009 6:12:35 PM
From: TheStockFairy	Read Replies (7) \| Respond to of 306849

Holy Fck. I have half an MBA, run a decent sized company, savings, no debt, ect ect ect and I HAVE NO FARKING IDEA HOW TO INVEST IN THESE MARKET CONDITIONS, BOTH LONG AND SHORT. I've talked to people at GS, my banker is UBS and I don't think they know what happend or is happening. I've read over 50 books, cover to cover, paying attention on subjects from bonds to Peter Lynch to Buffet to currency trading to commodity trading and I'm drawing a blank here. I just fininshed a book from the 70s talking about the dollar crash that that guy had predicted (which didn't happen, he said all gold and silver basically). I've gone to seminars, I've spent time in investment clubs, wasted time at parties on thesse subjects. I've read the intelligent invester twice. I've spent hundreds of hours online looking at investment crap and reading blogs, articles, ect. Still, I'm at a near total loss for what to do with my savings. Short term everything is in munis but it can't remain that way, and fck Bogle, Cramer was right, 10 years wrong is a long farking time to be wrong. maybe he's just talking about don't buy something that you can't pay for. I wish he'd be more specific. /end rant.

To: Smiling Bob who wrote (197152)	4/20/2009 6:48:58 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 306849

The current debacle has a lot more to do with lack of common sense and discipline than "financial know-how". In fact, one could easily argue that it was too much "know-how" by the Masters of the Universe that got us in this mess!<NFG> Ben can go fcuk himself, and I mean it.....

To: Smiling Bob who wrote (197152)	4/20/2009 7:05:45 PM
From: Skeeter Bug	Respond to of 306849

i have financial know how and i don't want the banks' bad debt put ono the me, the tax payer.

To: Smiling Bob who wrote (197152)	4/20/2009 8:09:58 PM
From: RockyBalboa	Respond to of 306849

At the going rate, I´d prefer knowing nothing, really. Since conventional wisdom doesn´t count anymore. Dumb luck counts these days. Or, knowing the right people.