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For those who care about "the markets..."
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nom=de=plume
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
For those who care about "the markets..."
"Jim" wrote in message
...
nom=de=plume wrote:
"Wayne.B" wrote in message
...
On Thu, 15 Oct 2009 22:11:26 -0400,
wrote:
Even if my stock picking sucks and there is still a lot of up side, I
would still say the smart money would want their profit in after tax
money at the current tax rate, not what we will be paying when
congress wakes up and figures out we are broke.
If you pull everything out of the market then you're at risk with a
weak dollar/inflation scenario. It's not an easy decision right now
but strategic metals and oil should do OK unless we have a global
depression. Cash is king in a depression of course, but which
currency and how to invest in it, is an interesting problem.
I wouldn't put all my chickens in the basket of metals and oil. Some is
fine.
Be quiet and listen to Wayne, Sweetie. He knows what he is talking about.
Perhaps, but it's really clear that you don't.
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