BoatBanter.com - View Single Post - Corporate America Pays a Lot Less in Taxes Than You Think!

Canuck57[_9_]

On 04/08/2011 11:19 PM, wrote:
On Thu, 04 Aug 2011 20:21:00 -0400, X -
wrote:

On 8/4/11 8:10 PM, wrote:

You would have locked in that 12700 Dow and be grinning while you watched this crash from
the sidelines.

At some point, American small investors are going to realize the stock
market is a fraud, and they'll look elsewhere to invest their retirement
and savings assets.

BTW, unlike you and Canuckles, I don't seen anything humorous about a
stock slide. What it does is hurt small investors.

Perhaps "grin" was a poor choice of words but it was clear to me that
there was a serious correction coming when this debt thing started and
I was relieved that I did not have to go down with that ship.

I have cashed in most of my personally held equities and I reallocated
my funds.

I am going to sit on side for a while and wait for some positive news
coming out of the economy before I get back in the market again. I
have a feeling that might be a while.
There may be a few trades that you can play with but I am not even
willing to look at this mess right now. Things are far too uncertain
and I don't see anything coming out if DC that is going to make that
any better any time soon.

That $5000 bag of quarters I keep getting **** about may easily go
over $30,000 by Christmas. I hope not because that would imply the
value of the dollar dropped significantly.

I would keep those quarters. Silver, real money.

--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.