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The stock market is no place for the small retail investor anymore. The new breed of risks aren’t worth the potential reward. The last thing I need is to get caught in the middle of a battle like the one going on over Herbalife between Ackman and Ichan. These guys can move the stock price by manipulating the media and lobbing billion dollar bombs back and forth at each other while all I have to defend my position is a few rocks to throw at them. No thanks.
Warren Buffett was at least being honest when he said over ten years ago that 95% of all people invested in the stock market shouldn’t be there. Let the hedge funds and mega-rich have it to play with themselves. We’ll see how much money they make when they don’t have the rest of us to siphon from.
"someome" called it a long time ago. when he said, "BEWARE the MONEY CHANGERS" Personally, I can find no benefit ttttthat the stock market provides society, only congress and the rest of the people with so much already that they play the odds just like Vegas.
THE CYCLE OF INEVITABILITY
Birth: A civilization is born out of a void. People work hard and gain from their efforts.
Growth: More people come and work hard. Prosperity comes because everyone works hard and makes gains.
Maturity: Pariah come; make laws so there are lawyers, taxes so there are bookkeepers, money so there are bankers and financiers, bureaucracy so there are politicians, paper so there are administrators.
Decline: People get tired of working so lawyers, bookkeepers, bankers, financiers, politicians and administrators can usurp all power and use corruption to suppress the masses into servitude. Civilization crumbles.
Death: The people rise up and destroy all pariahs.
Re-Birth: A new civilization is born out of the void. A “No Pariah” sign is posted. People work hard and enjoy life.
We the People of the United States of America and as registered Citizens do declare the sitting President, members of Congress and the Supreme Court as incompetent; conspiring and colluding with banks and the Federal Reserve to conquer us financially and thereby make their Will exceed our Constitution. We demand that all of these people step down immediately and without device. Their politics, parties and persuasion is hereby abolished and banned from future practice. The United States of America will set in place a new vote to replace all these individuals, employing every registered citizen of this nation 18 years of age or older that is validated alive and conscious. All banks and the Federal Reserve will be shuttered immediately and forthwith to be reconciled and wholly regulated to segregate money handlers. All Stock Exchanges will be closed and all assets reconciled. All monies assigned as debt to the People of the United States shall be reconciled against holdings and cancelled. All Law Firms will be abolished as they are as much militia as any terror group or sect. We the People of the United States of America will restore our economy, balance and stability as a democracy and never again allow one person or group to have Will over our majority. I am a registered citizen of the United States of America and demand these things on this date (write date) and validate this with my printed name and signature.
VERY GOOD POINTS YOU WON'T HEAR ON CNBC OR IN MONEY OR OTHER MAGAZINES
I WAS ENTHUSIASTIC AND BOUGHT IN 2007 AT DOW 14000+. SOME OF THOSE FUNDS ARE STILL IN THE RED AND THERE ISN'T MUCH GREEN.
I'M NOT A BEAR BUT I DO BEWARE. DON'T BUY AT THE HIGH BECAUSE YOU FEEL GOOD LIKE I DID 5 YEARS AGO. HANG ON TILL IT FALLS SOME, THEN BUY.
YOUR GUESS IS AS GOOD AS MINE OR THE TALKING HEADS.... OR THEY WOULDN'T BE TALKING HEADS
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[BRIEFING.COM] The major averages ended modestly lower with the S&P 500 shedding 0.3%.
The benchmark average saw an opening loss of 1.2% after Japan's Nikkei tumbled 7.3%. Japanese stocks sold off amid continued volatility in Japanese Government Bond futures as the 10-yr yield spiked almost 16 basis points to 1.002 before the Bank of Japan's JPY2 trillion liquidity injection caused yields to retrace their gains.
Adding insult to injury was news out of China where the HSBC ... More
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