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If you have any problems with the registration process or your account login, please contact us. | General Discussion Discuss Are we headed for a Recession in the InfiniteCredit Community Central forums; Originally Posted by roybean
Let's get some stock talk going on, so I can learn a bit more.
I've never bought any stocks, preferring to buy art and real estate ... |
View Poll Results: Are we going into a depression/recession? | |
No, it is the government's way of tightening its purse
|     | 2 | 11.11% | |
Absolutely, the figures do not lie
|    | 14 | 77.78% | |
I think it's more hype than truth
|    | 1 | 5.56% | |
It's time to unlevel the playing field and make the gap wider between the have-s & have-nots
|    | 2 | 11.11% | 
01-12-2008, 12:04 PM
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#51 | | Elite Member
Join Date: Jul 2006
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| Quote:
Originally Posted by roybean  Let's get some stock talk going on, so I can learn a bit more. |
I've never bought any stocks, preferring to buy art and real estate instead.
I also like the fact that I MANAGE my own money and the brokers gets nothing.
Blue chip art and antiques have done very well in the market place IMO | 
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01-12-2008, 12:05 PM
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#52 | | Elite Member
Join Date: Jul 2006
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| Quote:
Originally Posted by VexatiousLitigant Who?
I'll go back in time and kill their parents to keep them from ever existing if I have to. | DEVAL
Gov.of Massachusetts | |
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01-12-2008, 12:50 PM
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#53 | | Elite Member
Join Date: Sep 2006
Posts: 1,055
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| Quote:
Originally Posted by roybean I don't like to watch this stuff either, but since I am a social scientist, it comes up constantly and it's everywhere I look when I am not trying to think about it. Haven't watched Bloomberg in so long I forgot it. | The point of that quote was really that it was made by Jim Rogers.
He was Soros partner, although they hate each other now.
He also is the guy who called the market top.
He is good.
Enigma he also suggested purchasing AG futures, I believe those generally go up as the stock market goes down. He thinks the dollar will continue to go down, which I do not necessarily agree with as it may of bottomed. | |
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01-12-2008, 04:49 PM
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#54 | | Elite Member
Join Date: Jul 2006
Posts: 1,383
Casino Cash: $356860
| Well here in MI we are in a recession hell. NO matter what anyone says. Its mostly because the state relies so much on manufacturing and cars.
Here where I live in West Mi it is a huge Medical city, DW got a job at the local hospital after working with the same doctor for 17 yrs. This allowed me to go back to school fall and this semester as well as work from home.
You used to be able to pick up the job section of the paper and it was full of jobs. Now its like 3 pages long. DW was smart as she made me invest a percentage of the settlements I have been getting since 06 including the big mortgage one. My grandfather invests the $ for us as he is a self made wealthy man.
Therefore, I don't have to pay a broker 
If it was not for DW I would be working my butt off again as a regional property manager. I told DW when I was done with school she could go to culinary school . I know our medical insurance was close to 2K every two months for BCBS (same policy she had with old job carried over for that price). Now the hospital she works for pays 80%
Last edited by JayinGR; 01-12-2008 at 04:52 PM..
Reason: spelling
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01-12-2008, 09:48 PM
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#55 | | Administrator
Join Date: May 2006 Location: Okinawa
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| Here is the Bloomberg article: Bloomberg.com: News
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"Be surprised at what people won't do and not at what they do." | |
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01-12-2008, 11:01 PM
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#56 | | Elite Member
Join Date: Aug 2006 Location: Way down yonder in the pawpaw patch
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| Well, I invested in some Charmin but it went down
the toilet.  | |
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01-13-2008, 11:37 AM
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#57 | | HONORED GUEST
Join Date: Jun 2006 Location: West-By-God-Virginia
Posts: 6,520
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| Quote:
Originally Posted by Enigma Milk is starting to look attractive again. There is a big push to get rid of RBST, which means less milk per cow, so with the current demand, higher prices.
| DD was in Hawaii for three weeks in December. She complained constantly about the price of milk there as she had my granddaughter with her: $8 a gallon. She said it was $3.50 a glass in a typical family restaurant.
__________________ Please be advised that I am not an attorney and nothing I post on this forum should be construed as legal advice. Let's Go Mountaineers!! Let's Go Drink Some Beers!! | |
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01-13-2008, 11:57 AM
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#58 | | If You Do Not Like It, Kiss My...
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| Quote:
Originally Posted by hannah DD was in Hawaii for three weeks in December. She complained constantly about the price of milk there as she had my granddaughter with her: $8 a gallon. She said it was $3.50 a glass in a typical family restaurant. | 
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How come "phonetically" is spelt with a "ph"? | |
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01-13-2008, 01:43 PM
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#59 | | Administrator
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| Quote:
Originally Posted by Lucy Well, I invested in some Charmin but it went down
the toilet. | 
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"Be surprised at what people won't do and not at what they do." | |
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01-13-2008, 02:48 PM
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#60 | | Elite Member
Join Date: Nov 2004 Location: The Republic of Texas
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| Quote:
Originally Posted by hannah DD was in Hawaii for three weeks in December. She complained constantly about the price of milk there as she had my granddaughter with her: $8 a gallon. She said it was $3.50 a glass in a typical family restaurant. | Prices have always been extremely high there, so that is not really an indication of the economy here. I met some people about 10 years ago that were buying goods at a local Sam's and shipping them to Hawaii because it was cheaper that way.
For the first time in forever the economy is actually booming where I am. | |
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01-14-2008, 04:12 PM
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#61 | | Elite Member
Join Date: Jul 2006 Location: In the land of reality
Posts: 839
Casino Cash: $358440
| Quote:
Originally Posted by spinn Bad year for devil stocks..............AACC (Asset Acceptance) is trading at $9.54 a share.
Dont worry Drivel...it will come back.....buy more!!!! | I don't know where anyone got the idea that I would invest in this particular stock. You know you are supposed to diversify.
In semi-related news, I want to wish everyone a happy upcoming holiday season. It's the season falling right after Xmas and new years, and Kicks off in full earnest the day after w2's are due employees.
Yes my friends, it's tax refund season. Best wishes for you and yours.
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About Drivel:
Occupation: De facto mod, slayer of Yahoo posts
Location: The land of reality
Interests: Watching television, movies and Roybean litigate | |
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01-14-2008, 05:31 PM
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#62 | | Administrator
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| Or, it could be tax payment season, depending upon your withholding status.
I once worked with a woman who couldn't understand why they weren't getting a refund when they had bought a house. She heard that you always got a refund when you bought a house.
I tried to explain to her that it depends on how much you have withheld. She would end up paying less than they would without the house. The concept was totally lost.
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The answer is 42!! | |
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01-14-2008, 06:28 PM
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#63 | | Elite Member
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| yes, that too.
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About Drivel:
Occupation: De facto mod, slayer of Yahoo posts
Location: The land of reality
Interests: Watching television, movies and Roybean litigate | |
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01-15-2008, 12:05 AM
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#64 | | New Member
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| Gold hits $915 hmmmmmmmm
I can't say for sure. All I have to go on is what is in the news. BUT, someone is scared as heck, gold hit a high of $915.00 today. | |
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01-15-2008, 08:12 AM
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#65 | | Administrator
Join Date: May 2006 Location: Okinawa
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"Be surprised at what people won't do and not at what they do." | |
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01-15-2008, 01:15 PM
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#67 | | Administrator
Join Date: May 2006 Location: Okinawa
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__________________
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"Be surprised at what people won't do and not at what they do." | |
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01-15-2008, 03:10 PM
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#68 | | HONORED GUEST
Join Date: Jun 2006 Location: West-By-God-Virginia
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| Why all this talk about stocks when the real news is about WVU football? 
Not to mention that 203 spam emails got through my filter today and every single one either wanted to help me lengthen my penis or cleanse my colon. 
__________________ Please be advised that I am not an attorney and nothing I post on this forum should be construed as legal advice. Let's Go Mountaineers!! Let's Go Drink Some Beers!!
Last edited by hannah; 01-15-2008 at 03:13 PM..
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