Good day on the market today.
That's all.
I hope this continues. Most of the long term investments I have right now are awfully close to number I've been looking for to sell. Then I can stop looking at Esprits and just do the damn thing.
I've been back "in" for a while. Looks like some things are improving and the market is heading up. Still wonder if the mess in Europe isn't going to deal another blow or two. I don't really think it's resolved. But who knows? Investing? Pft. Odds are better, otherwise, it's pretty much akin to playing craps, at least for the last few years.
You take the good, you take the bad, you take them both and there you have The Facts of Life (I mean the stock market)
David S. Wallens wrote: Good day on the market today. That's all.
Good day all around. Europe is pushing people back to the dollar for security. The straight is back open after a little bit of a firepower show, low interest rates though for the next 2 years from the FED will depress things and will punish savers.
Still way to hot for me to double up on anything. Have done really well the last 45 days though.
I hate to rain on folk's parades, but the price of oil is going up and if Iran and Israel don't start "playing nicely" soon, the price of oil will really shoot up and that will dampen the soaring spirits on Wall Street.
But in the meantime, companies...keep on hiring, please.
with the gains I've made in the last quarter maybe I can get everything moved into some kind of high dividend paying vehicle with a guaranteed monthly payout before the "crash" this time .... I'm ready to start letting yousguys start supporting me .
But in the meantime, companies...keep on hiring, please.
Know any experienced picture framers in the North Georgia area? I am buried and need some good help.
It's probably because jobs are coming back........wait a sec:
The Labor Department estimated on Friday that the economy gained 243,000 jobs.
The department also estimated that the economy lost 2,689,000 jobs in the month.
Funny how you can manipulate numbers. The labor participation rate is at 63.7%, down from 66% in December 2007. Employment to population ratio is now 58.5%, as bad as the recession in 1983. I've done alot of research from the CBO and BLS. The unemployment rate is not 8.3%
As for the stock market, yeah, I of course hope it does well. But you know how that is, up and down. Don't mean to be so negative, just like to face reality.
http://www.economicpopulist.org/content/unemployment-83-january-2012-243000-jobs-really
You can also dig through the BLS and CBO for your own research.
On a good note: http://www.wnd.com/2012/02/made-in-china-starting-to-get-too-expensive/ They will probably just find another country to go to, but perhaps they can bring some jobs back.
wbjones wrote: with the gains I've made in the last quarter maybe I can get everything moved into some kind of high dividend paying vehicle with a guaranteed monthly payout before the "crash" this time .... I'm ready to start letting yousguys start supporting me .
Would Miata be the answer in this case?
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