On 8/4/11 7:08 PM, Canuck57 wrote:
On 04/08/2011 4:44 PM, X - Man wrote:
On 8/4/11 6:18 PM, Canuck57 wrote:
Calls all week from bankers
and investors seeking cash for investments....as I have too much cash.

If you got calls from bankers, it was because they were calling in your
$200 signature loans.

Funny, just getting setup to get stocks cheap in 30 or 90 days. Just
letting the fleabagger economists sell off with a grin.

Because the reality is the market is over valued. The real cost of money
is about 8% as near as I can figure. So at that, if I don't get 10%
dividends or gains I cash out.

So when the market hits 6000-8000 I will look for the good deals.

If you have money, and I doubt you do. This is when the savvy starts
researching good companies for 1 1/2 price sale coming up. Too early to
jump in now, it would like be stopping a falling knife.



Except for one stock, I got out of the stock market some years ago.
Corporations and their enablers on Wall Street are in the fraud
business. Stocks are grossly overvalued, dividends are minimal, and you
have to depend upon rising share prices to make a profit, not on how
well a company performs. That's no better than gambling.

There are far better ways to invest capital.