And enjoy life. Hobbyists have are too busy doing research on the next provider to see, lol.

a healthcare nightmare, gas prices soaring, food prices soaring, tuitions unaffordable, 3 wars ( and no plan in any of the countries we're fighting), education failures, debt crises, spending that is out of control, doctors quitting their practices, our credit rating about to be downgraded for the 1st time EVER under any President, and on, and on , and on.

Oh, but he had a huge triumph that Gays can now get married in more states than ever! What a fucking MESS!  

as a matter of fact I almost threw  a drink at the TV a couple of days ago when some talking head on CNBC said with all the "doom and gloom" out there that we were probably at a bottom and that Dow 12,000 should be looked at as a buying opportunity.

AAR I've been on the sidelines for quite a while where it comes to equities. This should not have been a surprise for anyone, but I do feel bad for those caught up in it, i've been there before myself, and it's not fun.

Amnesty .. I was just wondering if its a phenomenen ..stock market is making me sick to my stomache..Its worse than a rollercoaster.... or Do I get stressed out easily??
xoxo to ter..and Amnesty ..
xoxo little phil

I had people calling to check up on me.  I still bitch to the cable company that they make me pay for all those channels when all I watch is the stock market.  Today was a "jump out of a building" kind of day.

Exactly.  I was waiting in the lobby of a very hot gal's incall hotel, saw the market close, went upstairs and fucked for an hour.  Worked for me!

I sure try to use my money wisely!! though my tax guy still bugs me about my 'savings"
hehe

hey Tax man please get off my ass already!!

Though, maybe they would have an ulterior motive as to wanting to be on 'your' ass?!

I wish could put a boot to much of whats going on...
thank you for the brutal honesty but if its staring us in the face.. there is NO DENYING it!!

The equity markets are for LONG term investors. Those who watch this day-to-day and have angst over the momentary fluctuations should find a different vehicle to invest in (maybe US treasuries or Bank CD's).

For many of us we remember all too well the 1970's, 1980's (and boy how about that October 1987...wasn't that a fun month) and the recent market fluctuations.  But if you do some research, you will find that equities (over any 20 year period) outperform virtually any other vehicle out there.

So either stop looking at it (day-to-day, month-to-month) or get the hell out and stop compaining.  Either that, or learn how to hedge and get in on that action.  That's a whole different ballgame and you might really enjoy the roller coaster ride with that.

Hell, why not buy some real estate right NOW!  Take the money you have in the market and put it into something that may be near historic lows.  Go and read some of Warren Buffett's comments on "How to Invest", and you won't be scared of any market.  You'll learn to recognize that "when people are greedy..you should be scared.  But when people are scared..you should be greedy".

Am I worried? No. I'm buying. I'm generally bullish to the end of the year. The worst downturns are almost always followed by sharp upturns. If You followed the lemming out of the market you will eventually be sad. I'll repeat. The worst downturns are followed by the sharpest upturns AND if you mIssed the 20 best days in the market, your returns would be HALF!! think about it. 500 points?! Here comes the funcooker!

I have to watch CNBC to see him./them...
Id like to note that he was fun as a kid .. he would lock me in the basement and giggle with his friends..
as I screamed in terror.lmao.. oh to being 3 again..
and he knows what I do and still loves his lil cousin.(me). when I send him my new pics..
He always says " another reason I wish you werent my cuz..wink"
he does enjoy the hobby.. : ))
yes I agree with your statement.. I just cant help but notice all the people selling off stocks..
commodities I thought were expensive investments and also turbulent..
Gold boullion (mispelled) is great on rainy days
xoxo lorena

Better off buying cheap real estate for rentals to make some real cash to pay for providers...

And gold, silver and Lead --- Just in case for when the shit hits the fan and all of the "checks in the mail" become worthless and can't buy a loaf of bread.

Other then that... the carnage on Wall Street is going to continue as long as we have the ass-clown in the White House and Socialist Progressive Representatives lying to the people who don't get what's going on.

Yeah... I'm stuck on the business channels during the day also. Peter Schiff is pretty much the only one on today who has what is going on pegged.

I will admit.... the Ponzi scheme has gone on a lot longer then I expected it would.

you can do well on any long-term investment strategy.  Diversification is key to any portfolio (regardless of size).  And remember to "dollar cost average" your stocks.  Keep buying and DON'T sell (other than to move to a more balanced portfolio).

Hopefully you're working with a reputable broker that really has your best interests (and not his commissions) at heart.  You might also do some shopping and see what other brokerage houses would recommend for balancing your portfolio.

And remember what I said (actually Warren said it), when people are greedy....think about that gold!  Think it might be wayyyyy overpriced?  Just take a look at a thirty year history (think around 1980) and look at what happened.  Don't get fooled again (One of my favorite Who songs)!

Everyday my poppy  (grandfather)would have me reading the years high the years low.. % of stocks and what it closed at..
Thank god energy was one of my first great picks.. especially in I believe 1999 electricity was unregulated.. I bought I think it was pacific energy.. yeah!!
that was   a utility .. even in the depression we still need electricity..(my grandfatjer told me as I grew up.. yes, I remember the 777 drop and the black monday.. I was so scared my family was "going to be poor) I was reassured that we would survive... I sure wish my grandfather was around..,: (
Now I was very young when MERCK did its great jump..
Im still upset about qualcom..I was told when it was around 20 something ..than again at 78  ..still I couldnt see how it could make more..
it did.. then it split..
I truly felt stupid I lived in the north county (where its located)
I went to their xmas party and didnt even realize it till later..
Ive made many mistakes..
Loral space.. pipe dream.. its satellites crashed!!
Thanks TER for letting me rant!!!!: )))

happy hour at Kona??
xox lorena

A couple of other minor opinions...

The markets, historically, underperform from May thru Nov vs Dec thru April...now this decline clearly isn't due to the seasonal phenomenon, but there are less "players" in the markets during the summer months so trading volumes tend to be lower so it is easier to move the markets to the down side...panic is much more powerful than exuberance.

Depending on your risk tolerance and your allocation, it seems you're probably invested in a more aggressive asset model than you should be. Always always get a second opinion...just like you would if you're diagnosed with a grave medical condition. This is your money!!!

The markets are pricing in a pretty grim outlook for the economy as a whole...domestic and global. Remember, the markets tend to be forward looking. If you miss on the rebounds in the markets, you will be missing out two fold by selling...as long as you feel your portfolio is made to suit your tolerance. Stating the obvious, the markets hate uncertatinty, and right now, that's all there is. The politicians are a fucking laughing stock and jobless rates are worse than what they're leading you on to believe. Issues in Japan, Europe, slowing GDP in China, just overall slowing in global demand.

I could go on into much greater detail, but I type with two fingers.

Also, the landscape of investing has changed over the past decade...mom and dad's strategy of buying and holding Ma Bell are long gone with the advent and expansion of the net and how quickly information is shared, relayed, and obtained. Throw in high frequency trading and the additional players (including the short sellers and illegal short sellers), and voila...you have days like this more often than they did in the past. Remember May of last year when the market tanked 10% in a day and bounced back? Be careful what you "buy and hold". This is a different landscape with extremely sophisticated corporations/hedge funds running the markets.

Sorry, not fully thorough but my two cents....

you sound like my financial advisor... I'll tell you the same thing I told him just before I fired him..
at my age, there is no long haul...

I loaded up on QLD an hour before the close. My magic power to trigger a panic never fails.

ouch. maybe the FED PPT wil start scarfing up futures in the am and give ytou  chance to get out.

No wonder why you shot me down with my Sake Bombs!!!!

Hell Yeah baby.... I love women who can handle Jack Daniels Shots!!!! I'm all over that....

Now you are really turning me on....

We'll have to do my fantasy pick up a hottie at the bar and go back to my room gig....

Even better.... you buy me Jack Daniels shots and take advantage of me Gig that REALLY Turns me on.....

LOL!

That's Hot....

Re: Jack Daniels! Mikey remembers a warm April afternoon too long ago... .eom..

Thanks Eskimo Brother.... LOL!

I've always been interested but now I'm REALLY, REALLY Interested.

If people have lost $$ in the market and the economy seems to be going into another decline -- so less job security -- there will likely be fewer people looking to buy homes.  I would not assume real estate will be anything but cheaper next year.

IF we had an Earthquake in Southern Ca the real estate market would hit an all time low. It's LOW right now...can you imagine if we had a 8.0 to 8.5 quake....we would all be fucked in the real estate market.....Beware.

That's rookie real estate investing thinking....

Who cares as long as your cash on cash returns are higher then alternative investments?

The True Value of an Asset is when you don't care what the value of it is.....  Let me know if you want me to help you figure that statement out.

Hint.... I really don't give a shit if my homes go to a value of Zero (fat chance).... all I know is that I'm getting over a 15% annual return on my cash for owning them.

Beats the fuck out of handing my money over to some slime ball on Wall Street to lose it ......

Trust me... I was a trader in the 90's and you don't want to risk your money in that cesspool unless you have the connections.

Invest it in U.S. Treasuries.... now that's fucking funny...

than we can talk dirty !!
xoxo Lorena de leon

Ignoring the obvious negative to the devastation it would cause, any event that removed a significant amout of supply would be good for pricing.  Now if someone could destroy 75,000 or so houses in Las Vegas, we might see demand finally outreach supply.

short the stocks or buy Put options and you will make money on the downside then cover and buy Call options when the stocks start to turn and you will always make money