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Old 11-15-2008, 11:18 AM
 
1,755 posts, read 5,333,552 times
Reputation: 241

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Quote:
Originally Posted by dynimagelv View Post
Tak was probably about to sucker for that late night TV add......

Listen to the sheriff Tak......Gold hit 1k per ounce in mar and is now worth about 735 or so......everybodies loosin their a$$
The current volatility of EVERY sector of investment is providing a very unique platform for extreme gains and losses for those willing to gamble in the "big casino". Listen to any "guru" you choose; but the time-honored theory of diversification, and patience will make the "average Joe" money in the long haul.

 
Old 11-15-2008, 01:19 PM
 
Location: Kingman AZ
15,370 posts, read 39,121,360 times
Reputation: 9215
I agree....if ya got the cajones you could have made your fortune [or lost it] just this week......
 
Old 11-15-2008, 01:35 PM
 
Location: Here and there, you decide.
12,908 posts, read 28,001,815 times
Reputation: 5057
even worse, think if you owned google stock
 
Old 11-15-2008, 02:30 PM
 
595 posts, read 2,308,708 times
Reputation: 180
Look at some of the piles of sit Jim Cramer has touted over the past few years: Google, United Health, Level Three, Capstone Turbine, Microsoft and Intel. If he were picking games, he would get laughed out of the sportsbook.
 
Old 11-15-2008, 03:15 PM
 
Location: Here and there, you decide.
12,908 posts, read 28,001,815 times
Reputation: 5057
yes, but if you bought google at the right time and then sold, you were definitely rich..
 
Old 11-15-2008, 03:50 PM
 
1 posts, read 1,720 times
Reputation: 10
Las Vegas like everywhere else in the us is going downhill, I believe it is going to be the 2nd great depression =(
 
Old 11-15-2008, 05:16 PM
 
Location: Here and there, you decide.
12,908 posts, read 28,001,815 times
Reputation: 5057
nahh, noone says it going to be easy, but i dont think we will ever see bread lines, fuel lines, etc
 
Old 11-15-2008, 05:16 PM
 
595 posts, read 2,308,708 times
Reputation: 180
Quote:
Originally Posted by airics View Post
yes, but if you bought google at the right time and then sold, you were definitely rich..
But, Mad Cramer was touting it at 500 per share. It could be at 50, by the end of the year.
 
Old 11-15-2008, 05:44 PM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 38,212,370 times
Reputation: 2661
Best buy right now is the standard 3/2 home. $80 per SF or less. You don't even need to worry if it goes down another 5 or 10%....once rented you should be set for as long as it takes to wait it out. . The rent will cover the costs and then a hundred or two. Still OK if the rents drop 10%...which I think unlikely but who knows.

It is nutso...the market that caused it to start is likely the best out at the moment.
 
Old 11-16-2008, 09:29 AM
 
Location: Las Vegas
44 posts, read 187,261 times
Reputation: 51
Default End of the welfare state, hopefully

Americans rejected capitalism and freedom, and are now paying for it, thankfully. I love to hear the state-worshipers squeal.
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