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Official... raise your post count thread!!
- Thread starter sellsman11
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poncho
New member
I learned a long time ago the stock market is the last place you want to "invest" money into. Didn't really say I like that the USA is going into recession, going to be a lot of people wiped out and that is sad. But will admit a market crash, USA in a major recession, is better for my business. In a position that it doesn't matter which way the economy goes. Good or bad still make money.
fund razor
Founding Member
Fixed it for you.
Buoy
Founding Member
Veruca apparently got her Golden Goose...
fund razor
Founding Member
poncho
New member
True my Father started it, but he's mostly retired now. The only way an individual can make actual money in the stock market is by trading. Its not a place to put your money in and hope it generates an income or grows on its own. I've simply hedged my bet, that if the economy tanks I make more money.
fund razor
Founding Member
poncho
New member
Ammo might come in handy.
poncho
New member
A little article asks a simple question: http://finance.yahoo.com/news/u-stock-buyers-beat-back-005835858.html I think the small rally was short sellers covering their shorts. Plus a little fed money to keep it out of 10% correction territory. See this correction as a signal the U.S. is entering another deeper recession. Its going to be a bad one. Could even take gold down, its that bad. The fed can keep the markets pumped up but it will do nothing to prevent another recession.
fund razor
Founding Member
Well, the first thing that we will do is invade Canada.
fund razor
Founding Member
It will piss of the French, but we don't really care what the French think. And we need to get farther from Mexico.
poncho
New member
The U.S. actually needs to take over Canada.
fund razor
Founding Member
Word on the street is that there is a lot of gold.
Plus, the Labatt's bear seems cool.
Plus, the Labatt's bear seems cool.
Ratickle
Founding Member / Super Moderator
Warning: Stocks Will Collapse by 50% in 2014
Friday, 07 Feb 2014 06:46 PM
By Newsmax Wires
It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts.
“We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it."
Unfortunately Spitznagel isn’t alone.
“We are in a gigantic financial asset bubble,” warns Swiss adviser and fund manager Marc Faber. “It could burst any day.”
Faber doesn’t hesitate to put the blame squarely on President Obama’s big government policies and the Federal Reserve’s risky low-rate policies, which, he says, “penalize the income earners, the savers who save, your parents — why should your parents be forced to speculate in stocks and in real estate and everything under the sun?”
Billion-dollar investor Warren Buffett is rumored to be preparing for a crash as well. The “Warren Buffett Indicator,” also known as the “Total-Market-Cap to GDP Ratio,” is breaching sell-alert status and a collapse may happen at any moment.
http://www.moneynews.com/MKTNews/St...6610-1&utm_source=taboola&utm_medium=referral
Ratickle
Founding Member / Super Moderator
It would help the US. But I don't know that the Canadians would be better off......
Buoy
Founding Member
Ponch, let me ask...
In the US, it has always been considered that purchasing a home is an investment.
It's supposed to appreciate in value.
I have a house in Kentucky that 5 years ago I would have lost 15% to sell, so I've been renting it.
Could sell now at a small (10%) profit.
I got lucky on my current house. Bought at the absolute bottom of the market, and in 3 yrs it has nearly doubled in value (according to the websites).
So, I ask, how is real estate in Canada? How long ago did you buy your house, and how has it appreciated?
I'm just curious, as long as we're talking investments.
In the US, it has always been considered that purchasing a home is an investment.
It's supposed to appreciate in value.
I have a house in Kentucky that 5 years ago I would have lost 15% to sell, so I've been renting it.
Could sell now at a small (10%) profit.
I got lucky on my current house. Bought at the absolute bottom of the market, and in 3 yrs it has nearly doubled in value (according to the websites).
So, I ask, how is real estate in Canada? How long ago did you buy your house, and how has it appreciated?
I'm just curious, as long as we're talking investments.
fund razor
Founding Member
So you're smart by west coast standards? 
fund razor
Founding Member
Lake erie is 94% frozen. That doesn't happen very often.
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