Holy fuck Bear Sterns sold for 2$/share - Page 2

Fed Up · 03-17-2008, 03:16 PM

Originally Posted by A_C_E

WickedLou didn't post a viewpoint one way or the other. He said: "This seems reminiscient of the 1920's banking crisis which led to the Great Depression, and here is the history behind that event."

He was neither advocating for nor utilizing any investment strategy, nor was he saying "the Federal Reserve provides proper monetary policy," nor did he say anything about the federal reserve robbing people blind. None of this was ever said or accused, and yet you felt the need to jump in and push your views as you do in nearly every thread.

And you obviously don't read very well either, since I said I'm moving some money overseas and some money into government- and investment-grade bonds.

And I'm curious where you worked as an investment advisor, and how many people thought you were an idiot for advocating gold and silver up until about 3 or 4 years ago. Proper investment strategy is about timing and knowing what is advantageous when, not adhering to one philosophy and being too moronic to break it.

Originally Posted by A_C_E

I'm all but cleaning out my mid-cap growth fund. Moving everything there into international markets before the dollar eats away any more of my savings.

You said, "everything" and I posted my reply at the same time you wrote your "new" investment philosophy.

As far as my reply to WickedLou, I highlighted the area of relevance. "hopefully with the fed doing everything it can to ensure liquidity we will avert anything on that sort of scale."

and I replied with how this thinking is what caused the Great Depression.

As far as your accusations of me being an "idiot," what makes you think I recommended gold and silver prior to about 5 years ago? You don't know me yet you call me an "idiot?"

You're going to go far in life with that attitude...

Why don't you come over to Honest Money Forums - Index and learn a little bit about investing son.

Fed Up

A_C_E · 03-17-2008, 03:21 PM

Originally Posted by Fed Up

You said, "everything" and I posted my reply at the same time you wrote your "new" investment philosophy.

So I did. Oops.

And, no, reading internet forums to learn about investing is what loses people massive amounts of savings. I hope that anyone here or elsewhere thinks long and very hard before taking the advice of people on the internet.

For my part, I trust my background in Finance and my weekly current-markets seminar when making decisions, and am usually rather conservative. I've only had control of this money for about a year (my mom was custodian) and am investing purely based on having enough money to pay for my education, not interested in long-term growth of capital.

Fed Up · 03-17-2008, 03:45 PM

Originally Posted by A_C_E

So I did. Oops.

And, no, reading internet forums to learn about investing is what loses people massive amounts of savings. I hope that anyone here or elsewhere thinks long and very hard before taking the advice of people on the internet.

For my part, I trust my background in Finance and my weekly current-markets seminar when making decisions, and am usually rather conservative. I've only had control of this money for about a year (my mom was custodian) and am investing purely based on having enough money to pay for my education, not interested in long-term growth of capital.

I agree with the "taking advice from people over the internet" as a lousy way to invest Ace. The site I mentioned are traders who are left over from Richard Russel's forum when he closed it down. Just look through the history of the posts and you'll see it's not pump and dump forum. We're all in it to make money and you won't find a better group of intellectuals around (outside of this forum). We primarily talk about investments in gold and silver, but do get into other topics that relate.

We also treat each other with respect.

Yes, the time-frame is important and it's good you are conservative. Gold and silver wouldn't fit your portfolio for a short term time-frame.

Fed Up

A_C_E · 03-17-2008, 03:57 PM

Originally Posted by Fed Up

I agree with the "taking advice from people over the internet" as a lousy way to invest Ace. The site I mentioned are traders who are left over from Richard Russel's forum when he closed it down. Just look through the history of the posts and you'll see it's not pump and dump forum. We're all in it to make money and you won't find a better group of intellectuals around (outside of this forum). We primarily talk about investments in gold and silver, but do get into other topics that relate.

We also treat each other with respect.

Yes, the time-frame is important and it's good you are conservative. Gold and silver wouldn't fit your portfolio for a short term time-frame.

Fed Up

Respect, in my opinion (especially on the internet), is earned, not gifted, my friend.

A worthwhile theory to live by, I think.