Markets
- Thread starter bonzo
- Start date
Shadowfax
Well-known member
My adviser says another 5%. It's been a killer for my retirement system fund so far this year.
Shadowfax
Well-known member
That was last week, but he pulled everything back while we wait for the dust to settle. At least I have a few years to make it back up, but it still sucks to be losing so much money.
The market is fixed. The SEC is behind the times.
Push the market down. Buy low, sell high. The system is gamed. It's happening all the time now.
Very frustrating for Joe Q Public and his retirement account.
Push the market down. Buy low, sell high. The system is gamed. It's happening all the time now.
Very frustrating for Joe Q Public and his retirement account.
What's your goldfish say? That's equally relevant ...
LOL. If my adviser knew what he was doing, he wouldn't be an adviser....he would be retired on a beach somewhere.
Shadowfax
Well-known member
Or a Fortune Teller at the very least.
I don't have any Goldfish, but if I did I would have asked them first.
The only way you can know what's coming in the markets is to have enough money to make it happen.
Today is about Chesapeake Energy bankruptcy fears, and possibility of that spreading into the entire commodity space, then onto banks balance sheets. And it's much bigger than just oil, all the miners are in the same boat.
I've been in bonds the last 6 weeks and it's worked out. With the Fed floating the negative interest rate balloons in recent days, I plan to stay in bonds for awhile longer. 0 is no longer the lower range.
If you can be patient and have a long term outlook, I think oil is the place to be. But I'm a contrarian and just went heavy on oil last week.
Based on what? There's no demand and massive supply, what's going to change? Trying to time a bottom based on "I think so" is really dangerous.
Oil is a finite resource. We will not see $30/barrel in 10 years from now.
- Thread Author
- #15
Hi Mike, just a feedback - this also happened on audio aficionado, signatures started growing much longer than posts. Might make sense to have System links in your signature which point to your various systems rather than have that in each post - it looks huge 
Also, if I search on a component that appears in your signature, each post with your signature will keep appearing, rather than the core posts where that component is mentioned. Same for signatures of others as well
Also, if I search on a component that appears in your signature, each post with your signature will keep appearing, rather than the core posts where that component is mentioned. Same for signatures of others as well
If that's your strategy, cool go for it. But encouraging others to follow suit when all the fundamentals are just plain ugly?
I'm not encouraging anyone to do anything. MY strategy is oil. The contrarian approach has worked well for me.
Hi Mike, just a feedback - this also happened on audio aficionado, signatures started growing much longer than posts. Might make sense to have System links in your signature which point to your various systems rather than have that in each post - it looks huge
Also, if I search on a component that appears in your signature, each post with your signature will keep appearing, rather than the core posts where that component is mentioned. Same for signatures of others as well
Good idea!
Hi Mike, just a feedback - this also happened on audio aficionado, signatures started growing much longer than posts. Might make sense to have System links in your signature which point to your various systems rather than have that in each post - it looks huge
Also, if I search on a component that appears in your signature, each post with your signature will keep appearing, rather than the core posts where that component is mentioned. Same for signatures of others as well
Done. Thank you for the suggestion.