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

To: MythMan who wrote (11883)	11/25/1998 12:37:00 PM
From: HH	Respond to of 86076

last night, I watched TV and there was a documentary type show on relating to personal finance. The young couple was diligently going thru the steps of cutting back, saving ,evaluating insurance, etc.etc. etc. The interesting point came when they were sitting down with the "expert" who was detailing all this. The "expert" told them that they might consider a mutual fund because they could earn more "interest" on their money from the stock market. HeeHee HeHe HH .

To: MythMan who wrote (11883)	11/25/1998 12:42:00 PM
From: eddie r gammon	Respond to of 86076

Another interesting tidbit is the DA here says he has never see as many hot checks as he is seeing now. The Clintonistas have brainwashed the people that everything is fine -nfg- and pass the plastic. erg

To: MythMan who wrote (11883)	11/25/1998 12:52:00 PM
From: yard_man	Respond to of 86076

Those two items put together are interesting. What an idiotic suggestion by this woman. I can't believe that very many people would be so unwise, but if there are a lot of folks that dumb ... der gonna be a lot of tough lovin' to go around.

To: MythMan who wrote (11883)	11/25/1998 12:54:00 PM
From: yard_man	Read Replies (1) \| Respond to of 86076

Getting a little relief on the CLX short -- here's hoping the same for your sickso.

To: MythMan who wrote (11883)	11/25/1998 12:57:00 PM
From: IceShark	Read Replies (2) \| Respond to of 86076

There may be some sort of problem with the savings rate statistics, don't ask me what, but I heard Kathleen Hayes (CNBS) mention that she got a call after she first mentioned the number on the air from some joker that told her that. The gist is the negative savings numbers are really positive for some statistical error reason! -nfg- Sounds like bullshit spin to me to keep the bubble going, but who knows. In any event US savings are down and the Chinese are worried sick about it and are making tracks to get out of concentration in $s. How does the phase in of the Euro work? I don't think the real currency is coming around for a couple of years but I think various business contracts, etc., start the first part of next year - are bonds included too? That will sure kick US treasuries in the nads, not to mention the dollar. -g- Thinking about the rolling effects of oil prices and everything else that is priced in dollars makes my head hurt. On that borrowing money from home mortgages and credit cards and then using margin .... I think there is a lot of that going on. Heck, it has worked so far and can keep adding more fuel to the buy side. Despite EasyAl the market will shove bond rates back up and we will be in a real fine mess. I wonder if we will be alive when that happens? -g- Regards, Ice