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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (74245)5/13/2012 7:54:01 AM
From: hdl  Read Replies (1) | Respond to of 74559
 
i am not getting billions for my facebook shares. so, i am staying in u s a.



To: Haim R. Branisteanu who wrote (74245)5/13/2012 8:02:32 AM
From: hdl  Read Replies (1) | Respond to of 74559
 
i bought ypf as it was extremely cheap - as there was fear argentina would nationalize it. it took 51% share owned by a spanish company and pps is down. i'm surprised you trust east europeans given your history. i don't think you trust the israelis.

i started this thread by saying i an innocent fellow, now do not trust anyone or any investment.

true when you could get 10 or 15% on a bond or a lot on a cd, there was tax and /or inflation and devaluation to worry about.

but i used to think stocks in long run went up 9 or 10%/year.

now i am an old man and don't want to suffer a 40% drop in good solid stocks. it happened to csco, dell, ebay,citi, bank of america, wachovia, wamu, wcom, enron, gm, steel companies, aig, hartford, genworth and many other safe solid stocks.