The Amateur Message Boards of the World Famous VoyeurWeb

RBS (The Royal Bank of Scotland) has advise its investors to sell all of their stocks due to a crash that will rival 2008. This is an amazing prediction for a stock seller to take (although they will make fees on the sales.) I think that this is a case of, the sky is falling, scenario but they do recognize that there are major problems with the world financial markets.

http://www.theguardian.com/business/201 ... economists" onclick="window.open(this.href);return false;

And then there's this about gold holdings.

http://www.businessinsider.co.id/countr ... es-2015-8/" onclick="window.open(this.href);return false;

This seems to discredit the RBS position; Ford just declared a supplemental $1 billion dividend.

http://www.marketwatch.com/story/ford-d ... latestnews" onclick="window.open(this.href);return false;

Diversity in investments is the key and in these "Obama times" conservative investments are called for. Our government has lied and deceived us concerning the state of the economy, you can't trust any of their numbers or stats, when the truth comes out trillions in savings will be lost. Got gold?

On the great news from Breitbart and FOXnews that Trump will trounce Hillary in a face-to-face battle, and since Republicans control Congress, I'm going with RealTool and Partisan Hate Retirement Systems' prediction that the economy will thrive under Republicans and that markets will be predicting this coming idyllic state of affairs any day now.

Sell your gold and (quoting NSYNC?) "Buy! Buy! Buy!"

I'm going with RealTool and Partisan Hate Retirement Systems' prediction that the economy will thrive under Republicans and that markets will be predicting this coming idyllic state of affairs any day now.

You do realize Obama has all of 2016 to do more damages don't you? Hold off buying until about November 2016.

You do realize that Obama will be POTUS beyond November, 2016?

He's not scheduled to leave office until January of 2017.

You're welcome! :lol:

I guess Clown is telling us it's worse than you think.....

Imagine the pardons to be given out in a year. Every drug dealer who happens to be non-white will probably be released.

As to investing, this is just a year to keep dollar-cost averaging in on a regular basis.

Forbes is investing in see-through crotchless so his clientèle can give him easier and quicker access. :lol:

You do realize that Obama will be POTUS beyond November, 2016?

You do know by November 2016 American will have a clear understanding of who's probably going to be our next President don't you? Thus the reason to waiting until then to determine if you should buy or sell.

If it's clear a Republican will be our next President you don't want to wait until he's elected and the stocks have risen, you want to get in on them while their still low. I wouldn't buy before November 2016 because if there's any chance Sanders wins stocks are going to go even lower. November is the decision month, to either sell or buy.

Now Grog don't you feel silly for thinking in such simplistic terms on such a complex issue?

Haha. In November Obama will have more than two months still in control and will be able to do all kinds of things to mess with markets and investments.

I know you're not smart enough to feel silly. But many of your buds around here will be mad if they follow your foolish advice based on your wholly ignorant "understanding" of when administrations change.

In the real world, two months is a lifetime in the investment cycle. :lol:

Grog you still don't get it, markets respond not only to what is happening, they also respond to what is expected to happen. I agree with you Obama will do damages, even in his last two months. You don't make money by running with the crowd, most of who will wait until the election is over before reacting. Two months before the new President comes on board is the time to decide to sell or buy. I understand I'm talking way over your head but some of our members will get it.

In November if it's a high probability Sanders (Hillary is toast) is elected, sell, sell, sell, buy a bigger mattress

Sure. Please keep dispensing financial advice and political predictions to the likes of Silly and Forbes. :lol:

Come on, Grog, your net worth is about ten cents.

Some of us here are really investors, and have been doing it for a long time.

Grog, you should set politics aside and learn something about investing in order to improve your own life.

Instead of remaining an idiot, learn something.

You can't discuss investing with Grog......he probably carries his life savings in his shirt pocket! :lol:

And both of them chime in. :lol:

Grog has already demonstrated he runs with the crowd with investments, he actually would wait until the election is over before deciding to sell or buy.

If you're not an insider and you're an investor, you're an idiot. That's a fact.

Grog, you are totally wrong about that.

And you are consigning yourself to brute savings under your theory.

The way to take yourself from a poor rural laborer, as I was, to a different position is not just savings.

You have to invest, to take risk, to buy tiny slices of successful business endeavors.

Grog,....probably invested on an Obama Commemorative Plate! :lol:

If you're not an insider and you're an investor, you're an idiot. That's a fact.

So Grog, you're saying everything that has a 401K, that's not an insider is an idiot? :o

The managers of 401s are idiots for allowing it to be invested by third parties whose primary interest is lining their own pockets.

Those third parties have ginned the system.

Apparently you boys, like a lot of others, didn't learn anything from the worldwide financial shenanigans that finally melted down in 2008.

Come on Grog, I gave you more credit for intellect than that.

Are you really convinced that your only path to retirement is getting a pension plus brute saving?

Sure, a person who does that can pay off a mortgage, obtain a secure income stream, hope for COLAs, and tighten his belt to save, save, save.

But risk and reward are on a spectrum. You must place your money at some risk in the marketplace to get a decent return. That's particularly true at, or near, the zero bound in interest rates.

As panic spread at the end of 08, and markets continued down in early 2009, I sold nothing and instead rebalanced into more equity which has tripled since that time.

If iffy markets, as now, I'm dollar-cost averaging in every month. As always.

I always get a kick out of it when someone is arrested for insider trading.

Wall Street is nothing more than a giant complex of inside traders looking out for themselves first and foremost.

Apparently you have indeed forgotten the meltdown of '08.

I also enjoy it when someone is arrested for insider trading.

It is certainly true that traders exist on Wall St and that they are looking to make money for themselves first.

I've forgotten nothing about the Crash of 08. But I sold nothing during that, and instead rebalanced throughout the early part of 09. That turned out to be the bottom, though of course nobody knew that back then.

Although investing is a shark-infested pool, it can still be done by an ordinary person.

Tremendous democratization has transpired in investing over the past 30 yrs.

I enjoy the arrest of someone for insider trading because it's such transparent buffoonery based upon the fact that trading is controlled by inside traders. It's absurd to single one person out when the entire business does it every second of every day.

Again, if you're not on the inside and you're playing with those guys, you're an idiot.

That is an irrefutable fact.

[quote ]Again, If you're not an insider and you're an investor, you're an idiot.
[/quote]

So Grog, you're saying everyone that has a 401K, that's not an insider is an idiot? :o

A. Stocks opened this morning 400 points lower.

B. WalMart to close 269 stores globally; most are WalMart Express (10,000 to 12,000 sq. ft. stores) but there is also a healthy mix of SuperStores, Sam's Clubs and under-performers.

C. GE sold it's appliance business to China's Haier Group.

D. JP Morgan issued a warning that low oil prices are creating stress for banks because of their oil investments.

E.European investigators have said that Apple owes $8 billion in taxes in Europe.

F. Goldman Sachs will pay $5 billion to settle claims of mortgage fraud.

G. With its economy tanking, China's $28 trillion in debt could trigger a global recession.

I agree that I have cherry-picked the bad news but I believe it shows that we have to be prudent with our personal finances.

Got Gold?

Sure things look bad, snakeoil, but what I'm wondering is how Obama single handedly destroyed China's economy and how the Democrats brought down the global oil price to dangerous levels for the oil producing countries, even with the ineffectual Republicans desperately trying to shore up both of them. And how Obamacare has triggered this global decline in commodities prices?

When will RealTool (and Breitbart) fill us in on the ugly facts of this blatant Democrat conspiracy?

Markets go up and down, that is certainly true.

People who engage in insider trading, or try to do something illegal, should go to prison.

But that has nothing to do with investing, which is how a person who is young and poor, as I was, can begin to assemble a portfolio.

Every month, for decades, you buy more stock. You reinvest dividends and cap gains. You don't pay loads or high ERs. You don't assume you have Warren Buffett's genius for stock-picking, and instead count on sensible fund managers over the long haul. Or you use ETFs. Or you simply go the Bogle indexing route.

It isn't that you can't or shouldn't buy individual stocks. You can. But can you really outperform experts who do it daily as their job? I have a bro-in-law who is chief investment officer of a big outfit in NY. I can't pick stocks better than him, but I don't try.

With money mkt accts, muni funds, 401s, IRAs, Roths, there's been tremendous democratization of investing since the 1970s. It is much, much easier for the individual, the outsider, to participate.