I am not into mattress stuffing, but I think laddered CDs will do better than the S&P 500 over the next decade.
I am not into mattress stuffing, but I think laddered CDs will do better than the S&P 500 over the next decade.
That is pretty much the equivalent of mattress stuffing. Either way you are losing buying power.
mellon wrote:
Ghost of Igloi wrote:I wonder if the NASDAQ will set another record today?
You can tell, he's praying that this is the day of the big collapse.
Yep.
Can't wait for everyone to claim how they got out at just the right time.
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Klondike5 wrote:
I got out at the end of June with the Dow at @ 15,000.
No plans to get back in any time soon. I will play it be feel.
Got out in 2008 with the Dow at 12,800 having come down from mid 14,000s. Boy was I glad I did as I watched most of my acquaintances take the ride down to 6,800.
Got back in later in 2009 with the Dow at @ 9,000
Ghost of Igloi wrote:
Did mellon have a bad day? So sorry.
I'm sure you're gloating with the major crash you and the OP predicted happening yesterday.
Oh! Wait a minute. It didn't drop to 13,000. But close!
That is the single greatest witch-hunt in the history of LRC posting.
mellon wrote:
Ghost of Igloi wrote:Did mellon have a bad day? So sorry.
I'm sure you're gloating with the major crash you and the OP predicted happening yesterday.
Oh! Wait a minute. It didn't drop to 13,000. But close!
That's quite an exaggeration.
Usedit wrote:
That's quite an exaggeration.
Why would you expect anything less?
Igy was channeling his boy Trump. As we know, Igy can't think for himself.
Market is up today. Gruntz's courage returns.
It's gonna be sweet.
All the believers in the magic of the market place, so arrogant and obnoxious during a bull market, getting wiped out when the inevitable collapse hits.
The gnashing of teeth, the whining, the lies about how they got out just at the right time.
but i checked wrote:
It's gonna be sweet.
All the believers in the magic of the market place, so arrogant and obnoxious during a bull market, getting wiped out when the inevitable collapse hits.
The gnashing of teeth, the whining, the lies about how they got out just at the right time.
Understandable but the vast majority of the victims of "The House" in this casino called investing in equities are innocent folks who will be harmed mightily.
Those getting out of the market today that have been in since you first posted on here are far wiser than those that have been taking guidance from you for the past 3 years.
Pea brain, I haven't posted for three years.
Who said anything about posting? Did you not have clients three years ago?
Did you have a job three years ago?
No.
Figures. Get some work/life experience before making unfounded criticisms.
I've made no criticisms.
OK, I will make one then. You know little about what you are talking about.