Dow back above 10,000, Nasdaq soars past 2,000
Just another sign of the forthcoming apocalypse.
Joel
Panic Buying means end near
by joelbear 6 Replies latest jw friends
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dubla
joel-
looks like you beat me to the punch with your post here......i honestly didnt see it until just now, right after i finished mine. sorry for the duplication.
aa
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joelbear
Hi Dub,
No problem. I think we and others here understand the danger of not having a balanced viewpoint on the issue of saving and investing money.
While none of us would suggest putting 100% of your money in the market on high risk stocks just expecting everything to go up up up, neither are we comfortable with people burying money in their back yard thinking that everything is going kablooey in two weeks.
One approach is as dangerous as the other.
People should indeed have both a short term strategy for covering their immediate healthcare and living expenses in the event of a personal and/or wide scale emergeney and a long term strategy to take care of their healthcare and living expenses in the event that they survive into old age. Both are possibilities and both must be prudently planned for.
Joel
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Xena
sigh and I thought this thread was going to be about Christmans shopping...moving on to the next one...
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joelbear
Xena,
Is that because it was about buying or because it was posted by the board fairy?
:)
Joel
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Xena
Joel...now that you mention it...lol it was the panic part actually and the fact that the end is very very near and I have bought NOTHING yet...aaaaaahhhhhhh
You may now get back to your regularly scheduled thread...my moment of panic is over..for this moment anyway...
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ISP
When values are low...it will have to be a good time to buy. As always the blend is usually 50/50 between stocks and bonds....what is the problem?!
ISP