Tue Jan 22, 2013, 05:21 PM
kelliekat44 (7,759 posts)
Stock market hits new hight? No one in the MSM seems to want to talk about it?
FOX "News" pundits seem almost ready to cry. Cauvoto looks sick.
17 replies, 1188 views
Stock market hits new hight? No one in the MSM seems to want to talk about it? (Original post)
|A HERETIC I AM||Jan 2013||#8|
|Cirque du So-What||Jan 2013||#5|
|A HERETIC I AM||Jan 2013||#13|
Response to Semi_subversive (Reply #2)
Tue Jan 22, 2013, 05:42 PM
Kolesar (30,565 posts)
6. I am shifting to inflation protected products
Federal I-bonds and eventually inflation indexed treasury notes
There are mutual funds that do that, too.
Response to Kolesar (Reply #6)
Tue Jan 22, 2013, 05:50 PM
A HERETIC I AM (16,068 posts)
8. Make sure you understand COMPLETELY how they work before you do that.
Inflation protected Treasuries have pitfalls, just like any other investment.
Response to A HERETIC I AM (Reply #8)
Tue Jan 22, 2013, 05:57 PM
Kolesar (30,565 posts)
11. Zvi Bodie and Rachelle Taqqu: Risk Less and Prosper: Your Guide to Safer Investing
le, this practical guide skillfully explains why personal investing is all about you—your goals, your values and your career path. It shows how to understand investment risk and choose the particular blend of risk and safety that is right for you. And it lays out several simple yet powerful ways for small investors to cast a reliable safety net to achieve their financial goals and truly prosper. Coauthors Bodie and Taqqu challenge the myth that all investments require risk, then highlight some important risks that families often disregard when deciding where to put their money. Later, they connect the dots between investment and investor, showing us all how to grasp our own investment risk profiles and how we may use these insights to make more fitting investment choices.
Outlines a straightforward way to invest by aligning your investments with your goals and the risk levels you can bear
Provides basic investment abc's for readers who are otherwise literate
Lays out a simple, actionable plan for achieving your goals
Explains the role of risk-free assets and investment insurance in assuring that you reach your most essential goals
Contrary to popular belief, investing doesn't have to be complicated. You can build wealth without taking great risks. Risk Less and Prosper will show you how to make investment decisions that will make your financial life less stressful and more profitable.
I still need a tax lawyer to plan withdrawals and whatnot.
Response to 99Forever (Reply #9)
Tue Jan 22, 2013, 06:11 PM
1StrongBlackMan (31,849 posts)
14. So it's all about ...
"What about me?"
I empathize with your not having a job or a retirement account; but that explains alot ...
I wish you well.
Response to 99Forever (Reply #1)
Tue Jan 22, 2013, 05:31 PM
Cirque du So-What (11,017 posts)
5. Not quite the point
Point is the irony of 'rich guys' throwing money hand-over-fist at repugs at all levels in the government, when they make far greater profits when a Democrat is at the helm. Makes me wonder if there's some motivational factor that surpasses their greed...societal control, perhaps.
Response to kelliekat44 (Original post)
Tue Jan 22, 2013, 05:45 PM
onenote (26,889 posts)
7. I saw it reported online. Plus, it hit a five year high last Friday as well.
And if it goes up even one point tomorrow it will be another "five year high" -- at some point that description doesn't mean much. As it stands, the DJIA closed at 13625 on December 7, 2007. It topped that for the first time on Friday when it closed at 13649.7 and topped itself today when it closed at 13,712.21. The next highwater mark is 13806, the market's close on October 26, 2007. Between now and reaching that mark, its just topping itself.
Don't get me wrong, this is good. But its not top of the page headline news each time it happens.