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-   -   The sky is falling (https://www.talkofthevillages.com/forums/investment-talk-158/sky-falling-16849/)

rshoffer 09-17-2008 07:19 PM

The sky is falling
 
DOW down almost 1000 points on 2 days. House prices in the bucket. All the news networks are babbling incoherently. Bush says nothing and the 2 candidates are in so far over their heads they're lost. Our Congress says "screw it" and they're going on vacation. We're doomed.

tony 09-17-2008 07:29 PM

It may be good that Congress is taking a vacation.

Number 6 09-17-2008 07:38 PM

I think Neil Cavuto is pretty coherent.

JohnN 09-17-2008 08:17 PM

rshoffer, you're right
My suggestions:

1)prayer
2)learn to really like beans
3)enjoy a comfortable retirement, just don't live too long

Boomer 09-17-2008 10:36 PM

You know, I have a few bucks in my purse right now.

My purse is right here beside me.

And I just took a close look at this money of mine. This money right here in my purse.

And I had never really noticed before.

But right there, on the front, right there, as plain as day, right there on the front of this money of mine, it clearly says, "This note is legal tender for all debts, public and private."

Ohhhhh, now I get it.

Boomer the Bailer

Muncle 09-18-2008 12:12 AM

:pepper2: BUY! :a040: There are a lot of stocks and funds that are having tremendous sales this week. It's like going to Beall's Outlet on Mondays.

Lucko 09-18-2008 04:15 AM

Volatile market
 
On the way up, we earn.
On the way down, we learn.

AJ Tower 09-18-2008 04:47 AM

Buddy can you spare $2 for a cup of Coffee!
 
Please read this:

http://finance.yahoo.com/banking-bud...d-Yet-in-Sight

Who cares who is responsible for this, lets fire congress. The are the only folks who can afford a vacation.


This is beyond real!

graciegirl 09-18-2008 04:48 AM

I agree with Boomer. Whatever Boomer says. That Boomer is smart about a lot of things. I have my money tied up in the corner of my handkerchief.

rshoffer 09-18-2008 05:51 AM

Quote:

Originally Posted by Muncle (Post 159705)
:pepper2: BUY! :a040: There are a lot of stocks and funds that are having tremendous sales this week. It's like going to Beall's Outlet on Mondays.

My Edward Jones guru calls me almost daily with the same plea!

784caroline 09-18-2008 08:12 AM

ONe suggestion on a morning talk show was to TURN THE COMPUTER OFF...and do not look at a financial page every hour. These are supposed to be "long term" investments. Easier said than done!!

TomW 09-18-2008 10:55 AM

Two years from now we will look back and wish we had bought stocks at these low prices. Some of the best American companies are on sale this week.

livsea2 09-18-2008 11:02 AM

2 years?
 
6 months from now you will look back and wish you had bought yesterday at 3:30 P.M. If history proves out. (I did!) You still have time to buy but hurry.:coolsmiley:

ouma1938 09-18-2008 12:25 PM

I agree, let's fire the Congress. Do it while they are on vacation. They probably won't even notice that their desks are gone when they get back!

chelsea24 09-18-2008 12:35 PM

Not So Sure.
 
Quote:

Originally Posted by Muncle (Post 159705)
:pepper2: BUY! :a040: There are a lot of stocks and funds that are having tremendous sales this week. It's like going to Beall's Outlet on Mondays.

Was watching Susie Orman and she said this is NOT the time to buy unless you can leave the money alone for (are you ready) five years! I am not going to pretend to be well versed on the Stock Market. Just telling you what I heard. Apparently she doesn't see an upswing for a very, very long time. :shocked:


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