if you own stocks, etc. beware these two dates. (bonds, broker, corporation) - Investing -stocks, bonds, mutual funds, trading, market, brokers... - Page 2 - City-Data Forum

NJBest · 06-05-2011, 03:09 PM

Quote:

Originally Posted by bulldogdad

Everything into money markets for me until after October. Obscene amount of gains in the last two years just banked a couple of weeks ago.

However still looking for those great buy ops

I'm heavy in commodities right now... playing inflation... but am planning on shifting to fixed income funds and tips.

barney_rubble · 06-05-2011, 03:18 PM

Quote:

Fortunately, I got out of stocks (well, except for a few shares) completely back in 2009, but not soon enough.

Sounds like you locked in losses before the rally. Not sure how that's fortunate.

NJBest · 06-05-2011, 03:25 PM

Quote:

Originally Posted by barney_rubble

Sounds like you locked in losses before the rally. Not sure how that's fortunate.

Not necessarily... may she was long on the VIX, in which case she'd be very wealthy and smart to pull out.

barney_rubble · 06-05-2011, 03:33 PM

Quote:

Originally Posted by NJBest

Not necessarily... may she was long on the VIX, in which case she'd be very wealthy and smart to pull out.

True that.

Brian.Pearson · 06-05-2011, 06:26 PM

I do wish more people were more savvy about economics. We've had a shot across the bow, threatening our AAA standing, and China dumping nearly all of their US Treasury bills. Who is taking this seriously?

Business as usual.

drshang · 06-05-2011, 06:30 PM

Quote:

Originally Posted by NJBest

Not necessarily... may she was long on the VIX, in which case she'd be very wealthy and smart to pull out.

Except you can't trade the VIX like you can a stock.

NJBest · 06-05-2011, 07:08 PM

Quote:

Originally Posted by drshang

Except you can't trade the VIX like you can a stock.

People trade VXX instead.

drshang · 06-05-2011, 07:53 PM

Quote:

Originally Posted by NJBest

People trade VXX instead.

VXX has been on a downward trading spiral since inception and only existed starting in 2009.

NJBest · 06-05-2011, 07:59 PM

Quote:

Originally Posted by drshang

VXX has been on a downward trading spiral since inception and only existed starting in 2009.

hmm, it does seem to fail at following the vix.

mistygrl092 · 06-05-2011, 09:50 PM

Quote:

Originally Posted by barney_rubble

Sounds like you locked in losses before the rally. Not sure how that's fortunate.

Because I believe the stock markets are being propped up artificially. I also think a crash is coming our way. It's inevitable and how the average Joe can't see that is beyond me.

And Reagonomics was based on the trickle down theory. Guess what? It ain't trickling down.