tag:blogger.com,1999:blog-3233334764716542857.post4979503627127933602..comments2024-02-13T02:01:54.860-05:00Comments on Middle Class Millionaire: Time to Buy Financials?Middle Class Millionairehttp://www.blogger.com/profile/05811562493746248349noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-3233334764716542857.post-61023259542934796972014-06-19T07:28:16.863-05:002014-06-19T07:28:16.863-05:00The dedicated team of AVG professionals can be obt...The dedicated team of AVG professionals can be obtained here all round time, whom you'll be <br />able to reach by calling about the AVG tech support number.<br />Investors are there to help the entrepreneur and to gain a benefit <br />from their investment through the entrepreneurs company.<br /><br />ll possess the practical guidance you will need on how to find a concierge <br />business''.<br /><br />Also visit my web-site: <a href="http://www.herbzone.pl/item/niepokalanek-pieprzowy.html" rel="nofollow">niepokalanek pieprzowy</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-24495289064994125912014-06-07T08:22:56.504-05:002014-06-07T08:22:56.504-05:00hi!,I like your writing so much! proportion we be ...hi!,I like your writing so much! proportion we be in contact extra about your article on AOL?<br />I need an expert in this house to unravel my problem.<br /><br />May be that is you! Taking a look forward to see you.<br /><br /><br />Also visit my web page - <a href="http://www.goodreads.com/osden4377" rel="nofollow">studio tatuażu kielce</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-52407192387609546382007-08-16T10:07:00.000-05:002007-08-16T10:07:00.000-05:00Last night the Asian stock market fell on average ...Last night the Asian stock market fell on average 4% across all indexes, across all sectors. (South Koreak almost 7% in 1 day!)<BR/><BR/>http://www.stockhouse.ca/quote/asian_pacific_indices.asp<BR/><BR/>This morning we wake up to the TSX being down 373 points at Noon toronto time.<BR/><BR/>(look on right side)<BR/>http://www.canada.com/nationalpost/financialpost/index.html<BR/><BR/><BR/>I have 2 things to say:<BR/>1. I told you so.<BR/>2. This ain't over yet, not even close.<BR/><BR/>Lucky Luke.<BR/><BR/>PS. My day job is IT related, so no I have no time to day trade or short sell.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-24564537027657855492007-08-15T21:55:00.000-05:002007-08-15T21:55:00.000-05:00Well MCM....have you bought anything yet?Well MCM....have you bought anything yet?MG (moneygardener)https://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-6267833633485637912007-08-15T07:47:00.000-05:002007-08-15T07:47:00.000-05:00Lucky Luke,Are you shorting stocks like mad these ...Lucky Luke,<BR/><BR/>Are you shorting stocks like mad these days?tellyhttps://www.blogger.com/profile/12633178159277993402noreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-32202931818014637192007-08-15T00:29:00.000-05:002007-08-15T00:29:00.000-05:00moneygardner,In the short term (next couple of wee...moneygardner,<BR/><BR/>In the short term (next couple of weeks) it won't matter much. Most banks still have not disclosed their impact, and that makes a LOT of investors nervous. And most definitely they CAN be taken and ARE being taken as a single entity. For the time being, it is guilty until proven innocent.<BR/><BR/>Further, most people don't invest in individual stocks, they invest in mutual funds. So when they sell a fund with 20 stocks in it, losers & winners all get dumped equally.<BR/><BR/>This is all just getting started.<BR/><BR/>Will there be a lot of cheap, undervalued stocks later on? Absolutely! But it is way too early. I think a lot of people are underestimating the size & length of this downfall of the market.<BR/><BR/>It's going to be as big or bigger than the .COM bust... and try to recall how many months that went on for. Remember the days of the Nasdaq at 5,000? Only this time it will be every index in every single sector in just about every country!<BR/><BR/>In the last 20 days, 13 days have been negative across most indexes. <BR/><BR/>The DOW has shaved off 5 months of gains. The TSX lost 1500 points in the last month alone.<BR/><BR/>Unless you are a day trader, making a killing off all the whipsaw action, or shorting mortgage stocks... you had better just wait on the liquid cash sidelines, until at the very least all the banks declare their losses.<BR/><BR/>Lucky LukeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-3224623604582666112007-08-14T11:48:00.000-05:002007-08-14T11:48:00.000-05:00The Banks can not all be taken as a single entity....The Banks can not all be taken as a single entity. Washington Mutual and Bank of Nova Scotia operate in very different markets and thus have differnt exposure to the problem areas. <BR/><BR/>An argument against market timing can not be based on market timing!MG (moneygardener)https://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-6212336168262168312007-08-14T11:30:00.000-05:002007-08-14T11:30:00.000-05:00I would say that buying now, _would_ be buying on ...I would say that buying now, _would_ be buying on greed.<BR/><BR/>Let's face it, you just admitted you (and everybody) else doesn't know how deep this supposed credit crunch is, and you are buying already?<BR/><BR/>I'm expecting every other day for the next few weeks that some financial institution is going to announce their negative pie in the sub-prime nightmare, and with each announcement indexes will take a hit.<BR/><BR/>My personal position? I sold out & moved everything to T-bills on Friday. It's way too early, but so far I'm smilling.<BR/><BR/>Lastly, don't forget "patience is a virtue", wait till things settle down, then buy back in. The worst that can happen is you will lose 1,2 or 3 months worth of potential profits, but that's nothing in the long term and can save you years if all hell breaks lose.<BR/><BR/>Here's a few videos that might make you think twice about buying now.<BR/><BR/>1. http://www.youtube.com/watch?v=KfqrrhwWirY<BR/><BR/>2. http://www.youtube.com/watch?v=07Lcj0al2wE<BR/><BR/>3. The Jim Cramer Meltdown: http://www.youtube.com/watch?v=Pd5zAbDKZEg<BR/><BR/>4. http://www.youtube.com/watch?v=vbqRwxK7frA<BR/><BR/>5. And lastly, a little bit of much needed humour....<BR/>http://www.youtube.com/watch?v=nTDZU56jLoM<BR/><BR/>Good luck everyone! (you'll need it!)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-78041180998431865332007-08-14T10:38:00.000-05:002007-08-14T10:38:00.000-05:00make that $47.05....I can never pick the bottom......make that $47.05....I can never pick the bottom...MG (moneygardener)https://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-69127037959868519082007-08-14T09:22:00.000-05:002007-08-14T09:22:00.000-05:00I just bought some BNS at $47.56. It went as low ...I just bought some BNS at $47.56. It went as low as $47.35 though.MG (moneygardener)https://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-80962215022682137822007-08-14T08:41:00.000-05:002007-08-14T08:41:00.000-05:00Canadian mutual fund sales tripled from a year ago...Canadian mutual fund sales tripled from a year ago last year with most of the banks reporting substantial year over year sales. The market may be trading on fear and not fundamentals right now when it comes to bank stocks.<BR/><BR/>Quarterly reports come out beginning next week. Do you buy before or after the release?Thicken My Wallethttps://www.blogger.com/profile/10760590873687255498noreply@blogger.comtag:blogger.com,1999:blog-3233334764716542857.post-1206078889559278402007-08-14T07:57:00.000-05:002007-08-14T07:57:00.000-05:00Yesterday just before the close there was some int...Yesterday just before the close there was some interesting action on BMO and BNS. I think they may gap up today though.<BR/><BR/>I may buy BNS if this continues.MG (moneygardener)https://www.blogger.com/profile/09118524634677340463noreply@blogger.com