Funny, but when Clinton was in office and it hit 10,000 the media was SCREAMING how great the economy was.... and that was based on dot.coms that had no profits. Now that it hits 13,000 the media just says things very quietly like, "well, it may not be stable"
Sometimes the bizarre leftness of the mainstream news is almost Orwellian
Michael Sperber / Acella Financial LLC/ Online Payment Processing
I hate loosing around 10% of my investment in dollar value against our growing currency (CZK) every year .
However I made some nice coin today too, fucking love this shitty .pk stocks
Funny, but when Clinton was in office and it hit 10,000 the media was SCREAMING how great the economy was.... and that was based on dot.coms that had no profits. Now that it hits 13,000 the media just says things very quietly like, "well, it may not be stable"
Sometimes the bizarre leftness of the mainstream news is almost Orwellian
High Five baby!!! *SMOOCH*
(quoted because it's TRUE) oh and because I love Sperbonzo hehe
Funny, but when Clinton was in office and it hit 10,000 the media was SCREAMING how great the economy was.... and that was based on dot.coms that had no profits. Now that it hits 13,000 the media just says things very quietly like, "well, it may not be stable"
Sometimes the bizarre leftness of the mainstream news is almost Orwellian
Yeah, but here is the question: If you took all the money you had in stocks and instead had bought a euro bond a couple of years ago, which one would be further ahead net?
Yeah, but here is the question: If you took all the money you had in stocks and instead had bought a euro bond a couple of years ago, which one would be further ahead net?
For every google, there is an enron. Rare that you would pile all of your money into a single stock. In fact, if you bought into Google in January 2006, you are actually a net value loser at this point.
DJIA - 2002 to today - from 10k to 13k (round numbers) or a move of about 30%. (with a better result if you started in 2003, where it bottomed out).
Plus, of course, you could have bought gold at $300 US an ounce, sell it at today's $692 and made 125%... less of course the 44% because of losses to the Euro (and most other major currencies).
For every google, there is an enron. Rare that you would pile all of your money into a single stock. In fact, if you bought into Google in January 2006, you are actually a net value loser at this point.
Spin it all you want against American stock markets(I know your agenda). I have nearly a 400% return on my diversified investments in the USA since 2003.
Spin it all you want against American stock markets(I know your agenda). I have nearly a 400% return on my diversified investments in the USA since 2003.
Well, good for you. You understand though that because of currency shifts to the Euro and others, somewhere around 40-50% of that return has been lost in relative value? Realistically, in 2003 dollars, you are up 200% or so, which is quite good.
Well, good for you. You understand though that because of currency shifts to the Euro and others, somewhere around 40-50% of that return has been lost in relative value? Realistically, in 2003 dollars, you are up 200% or so, which is quite good. Congrats.
Relative value to WHOM? I do no purchasing beyond the USA.
Funny, but when Clinton was in office and it hit 10,000 the media was SCREAMING how great the economy was.... and that was based on dot.coms that had no profits. Now that it hits 13,000 the media just says things very quietly like, "well, it may not be stable"
Sometimes the bizarre leftness of the mainstream news is almost Orwellian
Under Clinton, the DOW went from 3,500 to 11,500.
Under Bush, the DOW has gone from 11,500 to just under 13,000.
For every google, there is an enron. Rare that you would pile all of your money into a single stock. In fact, if you bought into Google in January 2006, you are actually a net value loser at this point.
DJIA - 2002 to today - from 10k to 13k (round numbers) or a move of about 30%. (with a better result if you started in 2003, where it bottomed out).
Plus, of course, you could have bought gold at $300 US an ounce, sell it at today's $692 and made 125%... less of course the 44% because of losses to the Euro (and most other major currencies).
I agree. I have been telling some people about it. Leaps are your best bet if you trade options. I hear rumblings of a split soon too. Lots of good things going on with apple long term.
I seo'd my hair yesterday and today it's pr7!
RIP Texas Dreams
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Yeah, a bit of a long winded way of explaining it, but yeah.
Now, I will agree with Splum, if you put all your money on a single stock, say like Google, that has massively outperformed the market, you may still be far ahead of the game. But the average investor holding a mix of stocks is likely to have lost a fair bit of ground over the last few years in real value.
Funny, but when Clinton was in office and it hit 10,000 the media was SCREAMING how great the economy was.... and that was based on dot.coms that had no profits. Now that it hits 13,000 the media just says things very quietly like, "well, it may not be stable"
Sometimes the bizarre leftness of the mainstream news is almost Orwellian
the DOW didn't hit 10k on the basis on dot coms there are no dot com stocks in the DOW (although MSFT has exposure). Plus the DOW is only 30 bigass stocks it's hardly a reflection of the economy. You have to look at the S&P or Russell 2000 which are only at their 6 1/2 year highs so they're not any higher than when Bush took office.
Having said that the economy is pretty good, and it's getting good press on CNBC anyway. A lot of the growth in the US stocks is earnings coming from overseas as globalisation is really starting to pay off.
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