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Old 10-01-2008, 06:43 AM
 
Location: Weehawken, NJ
2,179 posts, read 6,717,616 times
Reputation: 1167

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This rally might be short lived. Will be interesting to see what unfolds today as the goons in Warsh-ington try to pool all their gray matter together to save us common folk.

On that note, at 9AM I will be out of most everything I had my money in, except for some geothermal energy stocks.
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Old 10-01-2008, 08:30 AM
 
Location: High Bridge, NJ
3,859 posts, read 9,979,006 times
Reputation: 3400
I'm seriously thinking of starting to sock money away using some other means like buying gold and silver and burying it in the yard I'm a young guy so I have no qualms about keeping my retirement invested in stocks, but as the years go on I'd like to not depend on a bank or a stock. Anybody stockpiling precious metals out there?
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Old 10-01-2008, 08:30 AM
 
5,340 posts, read 13,951,991 times
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It should prove to be an interesting day.
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Old 10-01-2008, 08:37 AM
 
Location: High Bridge
2,736 posts, read 9,670,841 times
Reputation: 673
Quote:
Originally Posted by Badfish740 View Post
I'm seriously thinking of starting to sock money away using some other means like buying gold and silver and burying it in the yard I'm a young guy so I have no qualms about keeping my retirement invested in stocks, but as the years go on I'd like to not depend on a bank or a stock. Anybody stockpiling precious metals out there?
Not metals themselves, but a good chunk of my cash went into precious metals in about 2005. Just shifted it around more recently, a little before the dollar took its major nosedive, buying some foreign markets, and now I'm going to be shifting back into the US market. This is by way of the 401k.

With my personal investment account, I've done just about the same thing, though with more flexibility (since 401k's suck for that - but the company gives a great match, so I can't argue with free money). I've got a good chunk of my investment cash overseas right now, though I've left China - I still think its going to explode, and in a bad way.
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Old 10-01-2008, 09:23 AM
 
5,340 posts, read 13,951,991 times
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I'm going to stick with my investments in alcohol!
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Old 10-01-2008, 08:00 PM
 
Location: The REAL WORLD.
21,274 posts, read 6,348,592 times
Reputation: 9440
Quote:
Originally Posted by EEEPNJ View Post
I'm going to stick with my investments in alcohol!
Any type in particular?
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Old 10-01-2008, 10:05 PM
 
5,340 posts, read 13,951,991 times
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Vodka is my favorite... I like many of them!
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Old 10-02-2008, 04:22 AM
 
Location: OH->FL->NJ
17,005 posts, read 12,592,213 times
Reputation: 8924
>Monster Rally<

Saw the title and an image of King Kong, Godzilla, and other montsters with picket signs holding a rally came to mind.
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Old 10-02-2008, 05:51 AM
 
Location: New Jersey
11,345 posts, read 16,705,526 times
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Quote:
Originally Posted by ottomobeale View Post
>Monster Rally<

Saw the title and an image of King Kong, Godzilla, and other montsters with picket signs holding a rally came to mind.
King Kong V. Godzilla. One of my all time fav movies.
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Old 10-02-2008, 06:12 AM
 
5,340 posts, read 13,951,991 times
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LOL - loaded title... people seeing LARGE Japanese Monsters, BIG trucks. ETC lol
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