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.
Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (13512)1/19/2013 5:29:02 PM
From: richardred  Read Replies (1) | Respond to of 33421
 
In all seriousness. I'm not saying I won't, but I guess I just can't get to excited about adding to stocks right now. I can't mention how many times I've heard recently. In this low interest rate environment. Where can I put my money to get a good rate of return. Do you know what a bank is paying on a saving account now? I don't even look anymore. I remember hearing over the years by Wall street experts that bond holders usually switch to equities. This could to drive equities higher. Fed driven is not my preference (consumer driven is). The thing is,corporate earnings as a majority don't seem to be signaling expanding YOY EPS. I think the biggest thing a lot of new investors forget. Especially some of us that suffered in past downturns. "Preservation of Capital" is key for those wanting to take more risk. If you use it, be prepared to possibly loose some of it . Won't we know the economy is in better shape when the FED has to raise rates? I also take it the economy will have to also be in good enough shape for existing Gov't debt holders to switch over to rising treasury rates. The market will be to the moon when that happens, or opportunity will be knocking if it doesn't, right.

Rick

PS I still believe 401ks and IRA's are key to get the economy rolling. I guess one really great Investment I made about 30 some years ago. A single premium life insurance policy that has a floor 5% guaranteed interest rate. I believe it was paying double digits when I bought it.