How low will it go?

Cessnaflyer said:
What happens when the fed pulls the plug on free money?
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Nothing happens, because none of that money has been making it's way into the economy yet. It hasn't had anything to do with the runup in equities, because all it's been doing is sitting in bank coffers. When banks finally do loosen their lending standards, then it will finally start to make its way out there, and things will actually improve.

Seriously, people, put the money into equities.
 
ATN_Pilot said:
See, that's why people say you're a troll. Absolutely nothing to do with this thread. Just meant to stir crap up.
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Really Todd?

A bunch of pilots who think they have their advanced financial degrees from Wharton talking about the future of the stock market is pointless. You have actually made something of yourself financially outside of aviation, but 99% of the time when a pilot starts talking about money, I quickly start ignoring that said person.
 
Seggy said:
Really Todd?

A bunch of pilots who think they have their advanced financial degrees from Wharton talking about the future of the stock market is pointless. You have actually made something of yourself financially outside of aviation, but 99% of the time when a pilot starts talking about money, I quickly start ignoring that said person.
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While I agree with your assessment of most pilots and their investment prowess, it's not universally true. The guy to my left is famous for saying that you don't have to have a high IQ to accomplish what he's accomplished. Anyone can do it, as long as they do some basic research and control their emotions. So while most pilots don't follow that advice, it's also true that you don't need a degree from Wharton to be a successful investor.

And that still doesn't address the fact that you were just trying to stir up crap and be a troll. Why?
 
ATN_Pilot said:
While I agree with your assessment of most pilots and their investment prowess, it's not universally true. The guy to my left is famous for saying that you don't have to have a high IQ to accomplish what he's accomplished. Anyone can do it, as long as they do some basic research and control their emotions. So while most pilots don't follow that advice, it's also true that you don't need a degree from Wharton to be a successful investor.
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I agree with the above. But 99% of the time I am hearing 'BUY GOLD'.

And that still doesn't address the fact that you were just trying to stir up crap and be a troll. Why?
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I am just pointing out that if you put your money in the stock market in late 2008, you would have done very well up to this point.
 
Seggy said:
I agree with the above. But 99% of the time I am hearing 'BUY GOLD'.
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Dude, you should come down here and share the cockpit with the crazies I deal with. It's not just "buy gold," it's "we need to demand that the company pay us in gold! It's the only thing that will have any value when the coming race wars hit!"

No, I'm not joking. Something actually heard from our pilots. More than one of them.
 
ATN_Pilot said:
Nothing happens, because none of that money has been making it's way into the economy yet. It hasn't had anything to do with the runup in equities, because all it's been doing is sitting in bank coffers. When banks finally do loosen their lending standards, then it will finally start to make its way out there, and things will actually improve.

Seriously, people, put the money into equities.
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Rationally that's what would happen. But look at the drops when just talks about it happen.

I'm just trying to get some of our family members to do some more property management to help with our leaner sales times.
 
Seggy said:
@Cessnaflyer, no one knows the answer to that, or quite frankly your original question.

Let us not forget that.
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It's just idle speculation and some what ifs not a perfect prediction model of the future.

My first question though was how is everyone else doing so hopefully everyone knows the answer to that.
 
Cessnaflyer said:
Rationally that's what would happen. But look at the drops when just talks about it happen.
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Over time, the market is efficient. Sure, people will panic and do stupid things when they shouldn't. But that just presents buying opportunities for the people who can control their emotions. A matter of months later, things will settle where they should be based on the fundamentals.

"Be greedy when others are fearful, and fearful when others are greedy." - Warren Buffett

I'm just trying to get some of our family members to do some more property management to help with our leaner sales times.
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Smart man!
 
ATN_Pilot said:
Dude, you should come down here and share the cockpit with the crazies I deal with. It's not just "buy gold," it's "we need to demand that the company pay us in gold! It's the only thing that will have any value when the coming race wars hit!"

No, I'm not joking. Something actually heard from our pilots. More than one of them.
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I've been actually hearing doom and gold a lot lately too, somebody in the national media must be on a roll right now or has a new book coming out.
 
That's because it's all a speculation play. Gold and silver have no real fundamentals. All you're doing is gambling on price movement. Any idiot can gamble. It takes actual knowledge and work to research things like stocks and bonds. Next time one of these mouth breathers goes on a tangent about gold or silver, start asking them about their opinions on fundamentals for a random stock. Watch their eyes for a look of panic as they realize that they don't have a clue how to talk to someone about investing that actually knows more than Glenn Beck told them about gold.
 
Seggy said:
I agree with the above. But 99% of the time I am hearing 'BUY GOLD'.
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Basic investing rule,

If an investment is being advertised on TV, you have missed the window. "Gold is at an all time high!" translates roughly to "the bubble is due to burst anytime now"

I wish that I had a time machine and could go back and tell my past self to invest in Gold, but there is no way that I would ever put a dime into gold or any other precious metals given the current prices.

I also think that the right wing pundits like Glenn Beck and Fred Thompson know this, and are completely unethical by pitching it to frightened retirees. I don't have any respect for anyone who will sell themselves out to an investment that they know (or damn well should know) will decline in value.
 
JEP said:
Alright.... I was wondering if you were maybe talking bank to bank.....Fed Funds Rate and such.....

Carry on....
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Nope, I don't have a strong enough understanding to comment on that. I'm more interested in the consumer interest available which I deal with almost daily.
 
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