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Originally Posted by Guest
What are you a retard? You let it ride or sell if you think it's the top and wait for the next dip to add or get back in. In the mean time it's cash. Cash at about 0% or a CD at 0.1% doesn't really matter and I'd prefer the liquidity.
I'm talking to AJ the machine...are you Borg AJ? #7 of 9?
Oh...AJ the bot...speaking of interest rates...do you know WHY they're so low? Do you know WHY they went from 7% to almost 0%? So the government can make the interest payments on $20,000,000,000,000 of debt...they pay over half a $trillion each year in interest payments. If interest rates go up 1%, the payments go up $200,000,000,000 a year.
We're broke, we're bankrupt. The changing demographics means we'll never recover. 3rd worlders will NOT improve anything.
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So, you obvious have no strategy to capitalize on the daily volatility of the market? Somehow I'm not surprised. It's probably best that you don't even try. Investors with limited funds and a limited knowledge of money and markets should probably stick with the basics or employ a financial adviser. Good luck with your 'buy on the dip' and 'market timing' strategy.
Oh, and thanks for the lesson on the Fed and interest rates. I'm sure it will prove useful.