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getrichdietrying (81.91)

May 2010



What's a long-term investor to do?

May 20, 2010 – Comments (5)

Stock market is scaring the buy and hold investors and the retirement saves.  What are great safe investments besides bonds?



What is the Euro?

May 10, 2010 – Comments (2)

The only way I can explain is to compare it to a family clan where the grandparents got with other neighboring grandparents and decided that they will be one clan(one family) by combining all the income each individual takes in and will reap rewards by having buying and backing power.    [more]



Europe is doing what we did, more debt to bail out bad business. Who is paying?

May 10, 2010 – Comments (0)

What is the plan for this week? Spec play, I think I don't trust it and will see that the DOW retreats' after a little bit of a high today.  But, a drop like 1K in 10minutes does not build my confidence in the current market. Should the EU, or is it our FED, injecting money to buy bad debt help or hurt confidence in the market for the current duation of a few weeks or months?



EverydayInvestor is right, don't have stop loss limits.

May 07, 2010 – Comments (0)

It is stated as being one of the reasons for a no reasonable drop of 1k in the DOW yesterday. It was for less than 10minutes and all the exchanges canceled trades for any over 60% after 2:30pm.



Greece employs 70-80% of their population! Is the world bankrupt? Is China next?

May 04, 2010 – Comments (6)

Basically are they getting money to pay their government employees from the rest of the world? If they are, how in the common sense of all words will they keep continuing to do this?  Are the protesters in this country mostly the left over 20-30% who are private who are being victimized by this government to cover the loss for the rest?This type of government can not exist in any comment sense except communism or socialism, right?   [more]

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