Re: Re : So What if the Sky Is Falling – Just Duck & Cover
driven
8/9/2011 1:53:08 PM
That's not a bad idea, Realistically, we could use some corporate sense to get us out of the political messes we find ourselves in. I'm sure there are differences of opinions on many corporate boards, but--for the most part--they have the dignity to act like adults in public. Not so in washington DC
Re: Re : So What if the Sky Is Falling – Just Duck & Cover
Tenacious
8/9/2011 1:11:11 PM
Maybe we can get Apple to buy all the national monuments here and have Microsoft spend its overseas cash on bad debt in Europe. Don't laugh. Look what it paid for Skype.
Re: Re : So What if the Sky Is Falling – Just Duck & Cover
tokyogai
8/8/2011 8:31:08 AM
I agree with your advice. Although stocks may be falling, bonds seem to be doing well and commodities are still infating. Good stocks will remain relatively good and fundamentals will win out over the long term.
Re : So What if the Sky Is Falling – Just Duck & Cover
yalanand
8/7/2011 1:59:12 PM
Great post Noreen. No doubt stock prices will drop when market corrects, but fundamentally strong stocks will fall less. So its very important for an investor to invest in fundamentally strong stocks and based on the valuation of the stock. Keeping in these basics will help him reduce losses.
askAsa Good posting. As an investor, I think i have been fired by the market twice, once in 2000, the other time in 2008. In 2000, i was too green and scared. in 2008, i am not scared at all, but i made another mistake - had too little cash reserve, looking hopelessly as golden opportunities went by. This time, i think i am prepared, but only time can tell
Re: Dark Skies
Phoenix
8/7/2011 8:20:13 AM
It does look and feel like the sky is really falling on our heads this time. But I agree that panicking right now will be the worst possible thing to do. It is time to carefully analyze what is happening and it might even be the time to get hold of some really valuable stock from panic sales. We as human beings are resilient to many things. I don't think we should let something like this crush our spirit. There is a saying every dark cloud has a silver lining. It's time we try to look for that little positive side in the middle of this chaos.
Dark Skies
AskAsa
8/6/2011 7:11:22 PM
There used to be a saying in the creative fields that you weren't really in the profession until you had been fired from at least two jobs you really liked. This phrases was frequently tossed around among writers, artists, actors, journalists.
The underlying truth of it became apparent as we all moved on, took our knocks, moved up.
I think in the end this downturn will produce the same result. Once you've been through some market setbacks, made some - lost some. Watched coveted jobs fade into the ethers, you do get a sense that we will go on. Falling skies? Duck - Cover, pick up whats left and keep moving.
Re: Stay calm
Broadway
8/6/2011 4:53:57 PM
BigJim, I think the panic now is caused by the fact that the politicians are obviously not even in control enough to manipulate us. Does this mean we as Americans are now more "aware" of what these bums are doing -- or at least have a better intuition that they're screwing us -- I don't know. Or maybe we now are realizing that the politicians aren't the ones we really need to worry about. Who's pulling S&P's strings?
Stay calm
BigJim
8/5/2011 11:47:09 PM
It's like people with high blood presure who go to the doctor worring their pressure will be up and of course it always is because they pushed it up. All the smart money will wait a little while longer and then buy and make a killing. As for the "panic, the politicians always creat a "panic" so the masses will not be aware of what the bums are doing.
Good insight Tenacious. And Noreen...great post.
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