I pulled everything out of my high and mid cap funds a couple of months ago. For right now I'll take my guaranteed 4.5% in a stable value fund and call it a day. Though I am continuing to buy new shares in my stock funds. Might as well buy low.
"Once upon a time, dinosaurs didn't have families. They lived in the woods and ate their children. It was a golden age."
—Earl Sinclair
"I do have respect for authority even though I throw jelly dicks at them.
I luv it when the affluent liberals on the "tearable" side of the stub squirm after a look at their portfolio.
Can't say you spoiled dicks didn't have this cumming
You mean like the Clintons...the Omuslims...the Bidens...the ones so in touch with the poor downtrodden depressed members of society that they pander to and offer reparations to( in exchange for that vote) to from the scourge of the awful Republicans?
So they can get elected and make millions like the Clintons ??
I can wait for Omuslim to get some poor white bitch to suck his cock in the Oval office and we can all hear about it...
Fucking hypocrite liberal scum...
Derron
Screw_Michigan wrote: Democrats are the REAL racists.
So... what do we learn from all this bankking mess? Well, risk/reward is not in play any more. Go ahead and run a company with high risk because the worse thing that will happen is that you lose your job and get millions in compensation. There is no risk if the government is going to bail everyone out. Bailouts mean an endless supply of money...you never go broke...kinda like the gov. itself.
I halfway think that government bailouts come into play when these companies make there decisions. "If we fuk up real bad, dont worry, fed rserve will come in and save the company. We'll get canned but who cares we get millions in severence pay".---Thats how I imagine the conversation in the boardroom going.
What we need is not more regulation. What we need is more transparency in what is going on. And what we really need is the gubmint allowing really stupid decisions to reap what they sow.
mvscal wrote:The only precious metals in a SHTF scenario are lead and brass.