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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (14042)7/2/1998 1:06:00 AM
From: PaulM  Respond to of 116766
 
William, I also read the 58 year figure recently.

I also read that 50% of Americans own stock. Consider the optimism this mania has generated. Just by payign down debt, many of these same folks could no doubt guarantee the equivalent of a TAX FREE return of 6-8%, 8-10% or even 16-18%, depending on the type of loan.

Not good enough for us Americans. No sir. We want Agressive Growth. Options. Options on Options.....






To: Mike M2 who wrote (14042)7/2/1998 1:29:00 AM
From: PaulM  Read Replies (1) | Respond to of 116766
 
Big Rally in Japanese Stocks these Past Days. Here's Why.

Japan's "Bridge Bank" Plan

"it makes sense to use public funds"

biz.yahoo.com

Cutting through the usual..., the idea here is to shift some losses from borrowers and/or lenders to the public, where it will at least be spread out and more tolerable. This how govts will always handle deflation.

IMO, this is a suckers rally. Because the size of the losses--or capital missallocation if you prefer--is more than any fund or public can handle.



To: Mike M2 who wrote (14042)7/2/1998 5:48:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116766
 
If I remember correctly from yesterday :< this time is highest record for households in mutual funds...38 percent..