Market Talk Please!

[ihearyou2]

Usa you're making me feel sad with all the things that I now realize I do wrong...

[domeasingold]

So where are you Kate, Mid. Neo?
I asked a market related question and you don't respond.
Hard to answer that one isn't it? A real question about investing on a market related forum.
You may think I'm baiting you out of your spiderholes and maybe I am. But this is a real world situation and the reason I came to these boards. However the only concrete advise that made any sense at all I got was from certain individuals who knew something about dealing with the market. So far they haven't been too far off their direction.
Decoy - found his posts a little too contrary to my beliefs. However, some stuff is interesting.
V-L - Not valid to me.
Mid- No original thought. Just mimicing Decoy.
Kate - Defender of the downtrodden. Not a bad thing, just not mine.
Thats my take.
Mama always says: Life is like a box of chocolates.

[usaone]

And I'm not baiting anyone...I'm not angry at anyone.

I just want to talk about Stocks...Bonds and Metals without people telling me I should feel bad about making money on Stocks Bonds and Metals when the country is in trouble, ect.

I know people are unemployed...I know people have and continue to lose there homes....I know there are working poor....I know the dollar is week.

But this is MARKET TALK.

[Virgil Showlion]

But this is MARKET TALK.

Gold has hit an all-time record.

Other commodities are soon to follow.

The consumer metrics institute will come out with a CPI of 0.3% (as Tyler calls it, "full retard").

You could make a mint selling inflation-indexed bonds.

[verrip1]

Gold has hit an all-time record.

Nice. But would you think that that information supports people buying gold itself in various forms at this time? My opinion is that gold miners are the best gold investments today, because the price doesn't have to increase further for the miners to find that more of their sites become cost effective producers.

Other commodities are soon to follow.

I am of the opinion that commodities have been in a bull market for about a decade. As to which ones might be the best investments at this time, the charts in Barron's show that, right now, the softs are considerably ahead of the hards, but individual investors seem to focus too much on the precious metals (the latter just IMO). It's like the EE thing: Ooooh. Shiny!!!!

The consumer metrics institute will come out with a CPI of 0.3% (as Tyler calls it, "full retard").

You could make a mint selling inflation-indexed bonds.

Sorry, I'm denser than usual. Could you please connect the dots on these two statements for me? I don't understand.

[sangria]

I like camo! Let's talk about camo!




Weee!

[comokate]

Mar 1, 2011 18:10:28 GMT -5 domeasingold said:

So where are you Kate, Mid. Neo?
I asked a market related question and you don't respond.
Hard to answer that one isn't it? A real question about investing on a market related forum.
You may think I'm baiting you out of your spiderholes and maybe I am. But this is a real world situation and the reason I came to these boards. However the only concrete advise that made any sense at all I got was from certain individuals who knew something about dealing with the market. So far they haven't been too far off their direction.
Decoy - found his posts a little too contrary to my beliefs. However, some stuff is interesting.
V-L - Not valid to me.
Mid- No original thought. Just mimicing Decoy.
Kate - Defender of the downtrodden. Not a bad thing, just not mine.
Thats my take.
Mama always says: Life is like a box of chocolates.

Because I have a life and a kid and a job and am working towards a new degree as well. I have a midterm tomorrow but I'll answer you in depth after that. Ok with you?
As far as your "rating" posters...knock yourself out. What's your contribution ?

[texasredneck]

OK I will bite.

Market Talk includes many things. Markets fluctuate up and down. I trade stocks from the long side. I try to avoid market tops and market bottoms. Wish to take a small profit out of the middle with minimal risk. Bulls make money, bears make money and pigs get butchered.

It is necessary to discuss politics, labor problems, budget problems, civil wars, religious crusades and many other topics to understand where tops and bottoms may be. They do not ring a bell.

Not against metals. Prefer physical rather than paper investment, but metals are impossible to get out of at the top.

Not against real estate. I own way to much.

Penny stocks and selling short are very risky.

I think we are near a top so I am on the sidelines.

I all so think there is way to much name calling and BS on this board. If not corrected soon it will destroy it.

[Tesla_DC-meme]

We don't have an economy that favors the 90%, just the few at the top of the pyramid.
Read more: notmsnmoney.proboards.com/index.cgi?board=moneytalk&action=display&thread=4133&page=1#ixzz1FOtfQMQZ

Also known as taxpayers and contributors. You are welcome. ;D

[itstippy]

"OK Kate. You tell me what I should do.
Nearing retirement.
Wife disabled.
Have 401 account
Have some investments in managed funds.
Need to build cash quickly.
Where do we put our money if not the stock market?
Anybody?

If you are investing in the stock market because you "need to build cash quickly" you are messing with fire. You can just as easily "lose cash quickly" in the stock market. That's the nature of the beast. It's volatile and unforgiving. I hope you're not gambling with your eatin' money. Balance, my man, balance. If you need to build cash quickly you'd best get a second job.

[silverguy25]

I'll just lay it out there what I'm in currently...

Verizon Business
GE
Silver and some gold
401K (Fidelity, highly aggressive)

Each about equal I'd say giver or take. Purchased the silver for 12-15 and oz. I wouldnt recommend to buy now, you're late to the evening party and people are going to get sick in the morning...

[vl]

What about SOCKS, USAONE? SOCKS are a market. Can you do without them? I am an excellent stock investor, right now I have very few but the ones I hold, I have held and they are performing just about the way I anticipated they would. I would NEVER invest in any company that has overseas manufacturing, imports product that could be made here, belly-aches about unions but gives bonuses to paper-pushers.
How's your knowledge about Universal Bank Productivity Reports on file with the FDIC?

We don't really talk about these things because there hasn't been any positive movement in integrity for years now. Economics fills the void until the manipulation fades away. Most of who you call D&G still have all their original monies and solid stability. Is there something wrong with that?

[domeasingold]

Kate
My contribution is that I just posted a scenario that may be typical for most older Americans and hope you are thinking about it. Whereas, most people will rant and denegrate I wanted to present a topic in line with MARKET TALK.

Thanks itstippy. I get what you are saying. I'm pretty well balanced but in some areas we are invested in dividend paying stocks. These were long term investments made during the March 2009 period with cash that was held for that purpose. I can't complain too much. I think long term is key here.
Know when to hold em and know when to fold em.

[Virgil Showlion]

Sorry, I'm denser than usual. Could you please connect the dots on these two statements for me? I don't understand.

I'm a bank. I know perfectly well that inflation is above 0.3%.

I sell you a $100.00 bond with a 0.3% (CPI-indexed) yield over two years. I immediately sink that $100.00 into a nice little portfolio: some commodities, some stocks, spreading it as wide as possible over assets that are genuinely inflation-linked.

Lo, two years have gone by and prices have risen 35%. I cash in my portfolio (minus the pathetic 0.3% I've paid you in interest), hand you your principal with a grin on my face and head to Tahiti.

but individual investors seem to focus too much on the precious metals (the latter just IMO).

Cramer just came out with a "buy" call for gold.

Be afraid, ye goldbugs.

[kman]

I love Cramer..makes me a ton of money

[frankq]

"Gold has hit an all-time record."

It's about time. Last time it was this high was before you were born.

[frankq]

"What about SOCKS, USAONE? SOCKS are a market. Can you do without them? I am an excellent stock investor, right now I have very few but the ones I hold, I have held and they are performing just about the way I anticipated they would. "

What's this? The guy who wants to eliminate banks and the markets is an excellent investor? This just keeps getting better....

[kman]

Captain Kirk is still holding some gold

[frankq]

Yeah, and an ass load of Priceline stock!

[kman]

Poor Mr. Spock

[midwesterner (banned)]

Mar 1, 2011 20:11:57 GMT -5 texasredneck said:

OK I will bite.

Market Talk includes many things. Markets fluctuate up and down. I trade stocks from the long side. I try to avoid market tops and market bottoms. Wish to take a small profit out of the middle with minimal risk. Bulls make money, bears make money and pigs get butchered.

It is necessary to discuss politics, labor problems, budget problems, civil wars, religious crusades and many other topics to understand where tops and bottoms may be. They do not ring a bell.

Not against metals. Prefer physical rather than paper investment, but metals are impossible to get out of at the top.

Not against real estate. I own way to much.

Penny stocks and selling short are very risky.

I think we are near a top so I am on the sidelines.

I all so think there is way to much name calling and BS on this board. If not corrected soon it will destroy it.

Some good points. I would like to say that investing in the whole non capitalistic system set up by and for the rich all the way from corp mergers, unethical behavior to tax codes written in favor of those in business, and not the small ones either. We don't practice true capitalism like many agree with. Socialism, Corporatism and lending ever more towards a hybrid form of fascism is taking place.

When Philip morris owns all Miller products, near all cigarettes, and kraft foods one of the largest food companies, it's hardly clean competition. This is commonplace in the world now. Too big, then they buy out the stocks of other companies, buy land, buy resources, buy up government and what are we left with? One great big Dow Jones banking/corporate empire financial in it's makeup, pyramid power structure, and borderless enabling it to move from place to place, and never fail.

All these companies get bought out, scooped up, or stomped on by the mega too big to fails. We have lost our way, and if you support this, your part of the problem, not the solution.

What happened to the small guys, the moms and pops that have a harder time these days, the American dream that is slipping away because of corporatism?

Everytime you spend a dollar you are making a decision to support something. At the store, or in the market. You say I like this product, or I like the gains I can make here because (fill in the blank). Nevermind BP destroyed the Gulf of Mexico and still is, they still get our money. Sure some things are hard to avoid, we need certain things to live, but you have a choice a lot of times on littler things. Should I go to the moms and pops down the road, or the chain restaurant that sends money back to corporate? Should I bank locally, or finance through a mega bail out bank? Should I buy American if I have the choice, or some cheap foreign import? All choices.

What about with you voice? Do you stay quiet and avoid ridicule from a few, or stand up with what you think is a minority that is vocal and find out many feel same way. Many choose to stay quite, and not take the heat.

What I see mostly that is sad to me, is the country is in it's most dire state since the revolutionary war, or WW2, and I see many willing to just take their share, to hell with everyone else, and at least I got my share attitude all over. These hard times coming will be no picnic, and even Glen Beck speaks of dollar devaluation and inflation often now. It's all there, do the research. But some feel that doing something like taking profit on AIG at bailed out company with tax payers dollars and making some cash on that is OK, then continue to do as you wish. It's only yourself and your maker you have to answer too, cause it's all legal in the eyes of the bankers empire and their laws.

[kman]

unethical behavior to tax codes written in favor of those in business, and not the small ones either.

I have a small business.....care to enplane what's not available to me?

[kman]

Yeah...didn't think so... Mid you have no relevance. Two things could happen at this point...no response..because he has no idea of what he is talking about...or a personal attack ..let's see shale we?

[itstippy]

Actually kman, you did get screwed by the 2008 Tax Extenders and Economic Stabilization Act. We all did.

The big banks were allowed to claim the huge losses of 2008 against their massive earlier gains during the reckless lending heydays of 2003-2006. They also got to write off any losses on Fannie & Freddie stock, again back-dated against prior taxes paid much earlier or, if they preferred, against future gains. This came to hundreds of billions of dollars in free money that the banks otherwise would not have gotten. You didn't get to do that.

Here it is in a nice whitewashed & sanitized form. Basically though, it gave massive amounts of public money to the beleaguered banks in order to "recapitalize" them. This is the first link I ran across in Google; I'm sure there are far better breakdowns of what went on:

"Tax relief for banks. Many banks had huge losses on their Fannie Mae and Freddie Mac preferred stock holdings which became worthless when the government bailed those companies out. Without a tax change, these banks would have had capital losses on these holdings that they couldn't utilize. The new legislation allows banks (and certain other financial institutions) to treat losses on their Fannie Mae and Freddie Mac preferred stock as ordinary losses that can offset ordinary income. This provision, which applies to any preferred stock that was owned on September 6, 2008, or sold between January 1, 2008, and September 6, 2008, allows banks to claim the book benefit of the loss on their tax returns, thereby reducing their need to obtain additional capital from the FDIC or investors."
www.mclaughlinquinn.com/resources/articles/38-tax-planning/247-tax-provisions-in-bailout-bill

[neohguy]

Mar 1, 2011 18:10:28 GMT -5 domeasingold said:

So where are you Kate, Mid. Neo?
I asked a market related question and you don't respond.
Hard to answer that one isn't it? A real question about investing on a market related forum.
You may think I'm baiting you out of your spiderholes and maybe I am. But this is a real world situation and the reason I came to these boards. However the only concrete advise that made any sense at all I got was from certain individuals who knew something about dealing with the market. So far they haven't been too far off their direction.
Decoy - found his posts a little too contrary to my beliefs. However, some stuff is interesting.
V-L - Not valid to me.
Mid- No original thought. Just mimicing Decoy.
Kate - Defender of the downtrodden. Not a bad thing, just not mine.
Thats my take.
Mama always says: Life is like a box of chocolates.

I look at this forum as a message board as opposed to a chat room. I'm not reading it as many hours/day like some do. I don't assume that a poster is currently signed on when I ask a question. I leave a message and usually they respond (if they see it) after they have signed on and had a chance to read it. I read this board, and many other boards, during my breaks at work and a few hours weekends. I rarely look at a computer in the evenings because there are many other things to do.
I don't give financial advice because I'm not qualified. As far as your comment about trying to catch up quickly, I felt similar in 2007 when I started reading these boards. I was told by some very honest individuals in this forum, who were very active in stocks, that I should only invest what I could afford to lose. I closed the majority of my equity funds in early 08 and most of my bond funds last year.
There are no sure things in life. I'm a big believer that the greater the return then the greater the risk of losing it. At my age and with my money I can't afford to lose much. I'm still working so I save what I can and avoid debt. I've learned that you don't need much if you live a frugal lifestyle.
I believe what I learned in basic economics class many years ago. The base of the period is savings and conservative bonds and stocks are the tip. The present mentality of stocks being the base is a recent phenomena that I feel is incorrect and not comfortable with. I personally think that stocks, gold, and many commodities will eventually crash with economies world wide. I have no idea when but I'm guessing within five years. If I'm right then I get to say "hey, I was right". If I'm wrong then that will be good.

[frankq]

"What I see mostly that is sad to me, is the country is in it's most dire state since the revolutionary war, or WW2, and I see many willing to just take their share, to hell with everyone else, and at least I got my share attitude all over."

We learn from an early age that life is a competition. If you want entitlements and guarantees you might want to consider expatriating. Hell, you hate America anyway, you might just as well move.

[sangria]

Well now, there are things wrong with America. I can't buy the kind of light bulbs I like anymore.

[nicomachus]

I am primarily interested in the ethical implications of markets and their functions. I follow a number of economic news outlets, message boards, groups, etc. I know only a little about investing itself; but I do keep my eyes out, here in Market Talk, for discussions that have ethical implications. Such topics include: Labor rights, consumer rights, limits of profit, impact of inflation, share holder rights, whether a solution between the interests of owners and interests of workers can be achieved, whether there is a right to purchase stocks without direct interest in a firm, ethics of banking, etc.

Since this is all related to markets, it seems to have a legitimate place in market talk.

[verrip1]

Mar 2, 2011 14:00:46 GMT -5 @nicomachus said:

I am primarily interested in the ethical implications of markets and their functions. I follow a number of economic news outlets, message boards, groups, etc. I know only a little about investing itself; but I do keep my eyes out, here in Market Talk, for discussions that have ethical implications. Such topics include: Labor rights, consumer rights, limits of profit, impact of inflation, share holder rights, whether a solution between the interests of owners and interests of workers can be achieved, whether there is a right to purchase stocks without direct interest in a firm, ethics of banking, etc.

Since this is all related to markets, it seems to have a legitimate place in market talk.

I don't think anyone objects to people who choose to pontificate their moral stance on liberal causes as they relate to the economy. However, there are those who embrace capitalism and probably don't have much interest in philosophical debates with anti-capitalists because such discussions are never productive and usually result in counterproductive bickering and animus.

Have no trepidation. There are others who share your views here and will be most willing to support moralism, liberalism and anti-capitalism as important market perspectives. Others will see inherent flaws in that approach and will not be interested or engaged in such presentations (they never end up being discussions, just shared monologues).

So, nico, go for it! Those who want to read about it, will. Those who don't, won't.

Of course, nobody likes it when ... certain people ... ahem ... spam the board with repeated pointless threads to drown out the opinions they don't like to see posted.

[Aman A.K.A. Ahamburger]

I don't understand why they can't discuss ways for capitalism to be moral.. Chang going forward, you know.. This idea that tearing the system down to rebuild it is just crazy. Anarchy will never solve anything. We have seen that over, and over again.