invest

[dragmerc]

where should i invest now?
market is overpriced again due to irrational exuberance.
politicians wasting money like candy with no sign of slowing down.
kids can't afford to buy land or homes and don't seem interested even if they could.
all they want is an apartment, computer, and iphone.
land prices are down here.
about all the yanks with old money have already moved south and screwed up everything here.
why do think they know everything and us hillybillys are dummys?
i'm afraid of banks when everything collapses from the 20t debt.
gold seems too high...i don't know.
decisions, decisions.
maybe some heirloom seed and a good mule???

[GeoFisher]

where should i invest now?
market is overpriced again due to irrational exuberance.
politicians wasting money like candy with no sign of slowing down.
kids can't afford to buy land or homes and don't seem interested even if they could.
all they want is an apartment, computer, and iphone.
land prices are down here.
about all the yanks with old money have already moved south and screwed up everything here.
why do think they know everything and us hillybillys are dummys?
i'm afraid of banks when everything collapses from the 20t debt.
gold seems too high...i don't know.
decisions, decisions.
maybe some heirloom seed and a good mule???

If you were in a year ago, you're still up 25%.

Markets ain't going anywhere..........Stay in , and ride it out.........unless you're retiring next year, then you might have some decisions.

[dragmerc]

i'm already retired but not drawing SS.
i still have income from business.

[Moveon]

i'm already retired but not drawing SS.
i still have income from business.

Just remember that most all the trading these days is done by computer programs that buy and sell stocks. These volatile markets are caused mostly by the computer programs selling stocks in huge quantities.

I'm no stock market guy. Just remember that is gambling with your money and only you can figure out what to do with your own money.

Wait and see what the market does this next few days before you start selling all your stocks. You can't possibly keep up with the computers that the big boys use to sell and buy stocks.

[GeoFisher]

i'm already retired but not drawing SS.
i still have income from business.

HM........

If you're ok with your retirement monies, and don't need to make a bunch, I'd put in safe harbor type stuff.

Good mixes, with bonds, and simple income........Then maybe a few tech, energy and other large caps. Those may continue to lose money, but not as much, and they've probably lost most of what they are going to lose.

I'm not an investment expert, so take that crap with a grain of salt .

Later,

Geo

[GeoFisher]

Just remember that most all the trading these days is done by computer programs that buy and sell stocks. These volatile markets are caused mostly by the computer programs selling stocks in huge quantities.

I'm no stock market guy. Just remember that is gambling with your money and only you can figure out what to do with your own money.

Wait and see what the market does this next few days before you start selling all your stocks. You can't possibly keep up with the computers that the big boys use to sell and buy stocks.

There is still plenty of money to be made, just cannot day trade it.........A buddy of mine is still making a TON of money , even with this collapse. Swing trading is probably the best bet, but you need to understand how to manage and read stock fundamentals. I'm not great at it, which is why I stopped aggressively trading a few years ago..

You are right though, the days of sitting in front of a box and day trading and making a 500-1000 bucks a day are OVER.

It can still be done, but really really hard.