Quote:
Originally Posted by Boomer
I am guessing that we will give most or all of yesterday back by the end of the week. I just do not think we are to the point where we can expect too much too soon. I just can't see where there is any truly good news to fuel the market up and keep it there. -----------
Boomer
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'Tis quite odd to be quoting myself here. But I just wanted to point out that.....wellllll.....I was wrong. OK. WRONG! We did not give it all back this week.
And then in the part of the quote I left out, I went on to talk about how this market is like one of those crazy girlfriends some of you guys had in your younger days. I think I am still right on that one.
I did buy into some utilities to lock in that dividend. Six and a half percent. Thrills and chills huh. Hey! I'm a boomer. Buffer that principal is the name of my game. Thrills and chills. It killed me to buy on the uptick. But so what. It's not like I am selling tomorrow. Utilities. Grandma stock. But wait! I am a grandma.
Recently I have been introduced to Jeremy Grantham. Well, not directly to Jeremy Grantham. But to reading Jeremy Grantham. I thought some of you might be interested, too. I had not heard of this guy. Maybe you had not either.
http://finance.yahoo.com/techticker/...-Going-to-Moon
Grandma Boomer Buynhold
(Disclaimer: Do not pay attention to anything I say. I know nothing. No credentials.)