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Title: An Investment Portfolio - Turtles's Retirement Plan
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Published: Feb 7, 2009
Author: silly
Post Date: 2009-02-07 21:22:00 by tom007
Keywords: None
Views: 473
Comments: 35
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#1. To: tom007 (#0)
I recognise that last year was for the fainted, shell-shocked types but this year I recommend S&P500 as a safe haven as a method to sustain the value of your money. You might even build a little wealth.
I disagree. I am of the opinion that the markets still have quite a ways to go down yet. I think 2009 will be even worse than 2008, 2010 will be a mixed bag, and we won't see any decent recovery in the markets until 2012 at the earliest.
For the most part, common stocks shall rise in value this year. Companies are eliminating useless fat to buoy their positions to remain competitive and as a result it may be a boomer year for anyone with the capability to understand an otherwise depressed market.
They might rise, but it won't be on the strength of the stock. TARP funding has created a faux market where otherwise insolvent corporations appear to be profitable. In addition, the rating agencies are playing dumb and stamping these investments AA and AAA. Only the sheer stupidity of most investors is keeping this mess from crumbling.
That's not true at all. TARP edged American banks towards nationalization and just this past week Goldman Sachs wants to know how to give back their TARP share back to government since Obama wants to fuck them and anyone that took TARP money. Generally, the financial markets are in turmoil because of Clinton-Bush administrations pushing bad paper (securities) to Fannie and Freddie. This set of government actions pulled the financials to the rock-bottom we see today. We are going to survive these issues. So, invest in some common stocks. Reward the markets for cunning and capability so they can renew America creating jobs again.
#20. To: grace_is_by_our_lord (#17)
Goldman could give back the $10 billion in TARP and then issue preferred stock rather than common stock and offer it for the going rate of $95? a share. I'm sure investors will be lined up at their windows early Monday morning looking for all they can grab.
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#5. To: grace_is_by_our_lord (#1)
I recognise that last year was for the fainted, shell-shocked types but this year I recommend S&P500 as a safe haven as a method to sustain the value of your money. You might even build a little wealth.
#6. To: Elliott Jackalope (#5)
#14. To: grace_is_by_our_lord (#6)
For the most part, common stocks shall rise in value this year. Companies are eliminating useless fat to buoy their positions to remain competitive and as a result it may be a boomer year for anyone with the capability to understand an otherwise depressed market.
#17. To: Yellow Cake (#14)
TARP funding has created a faux market where otherwise insolvent corporations appear to be profitable.
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