- This topic has 212 replies, 25 voices, and was last updated 13 years, 11 months ago by
CA renter.
-
AuthorPosts
-
June 26, 2008 at 12:23 PM #229022June 26, 2008 at 12:23 PM #229057
Bubblesitter
ParticipantI’m still holding to my original strategy.
Dow is getting hammered today due to Oil.
Credit crunch is intensifing.
Banks are downgrading each other.
This is getting increasingly ugly.
Bubblesitter
June 26, 2008 at 12:23 PM #229074ParticipantI’m still holding to my original strategy.
Dow is getting hammered today due to Oil.
Credit crunch is intensifing.
Banks are downgrading each other.
This is getting increasingly ugly.
Bubblesitter
July 11, 2008 at 9:33 AM #237309ParticipantFannie Mae and Freddie Mac are under severe pressure now.
This is really getting scary.
Fannie and Freddie shares under siege
Remain under pressure on report U.S. mulls takeover of mortgage firms
By MarketWatch
Last update: 10:50 a.m. EDT July 11, 2008Comments: 254BOSTON (MarketWatch) — Shares of Fannie Mae and Freddie Mac dropped nearly 50% Friday, plunging for the fourth time in five days as investors increasingly believe the mortgage giants that made the American dream of home ownership possible for millions will need to be bailed out by the U.S taxpayer.July 11, 2008 at 9:33 AM #237443ParticipantFannie Mae and Freddie Mac are under severe pressure now.
This is really getting scary.
Fannie and Freddie shares under siege
Remain under pressure on report U.S. mulls takeover of mortgage firms
By MarketWatch
Last update: 10:50 a.m. EDT July 11, 2008Comments: 254BOSTON (MarketWatch) — Shares of Fannie Mae and Freddie Mac dropped nearly 50% Friday, plunging for the fourth time in five days as investors increasingly believe the mortgage giants that made the American dream of home ownership possible for millions will need to be bailed out by the U.S taxpayer.July 11, 2008 at 9:33 AM #237453ParticipantFannie Mae and Freddie Mac are under severe pressure now.
This is really getting scary.
Fannie and Freddie shares under siege
Remain under pressure on report U.S. mulls takeover of mortgage firms
By MarketWatch
Last update: 10:50 a.m. EDT July 11, 2008Comments: 254BOSTON (MarketWatch) — Shares of Fannie Mae and Freddie Mac dropped nearly 50% Friday, plunging for the fourth time in five days as investors increasingly believe the mortgage giants that made the American dream of home ownership possible for millions will need to be bailed out by the U.S taxpayer.July 11, 2008 at 9:33 AM #237499ParticipantFannie Mae and Freddie Mac are under severe pressure now.
This is really getting scary.
Fannie and Freddie shares under siege
Remain under pressure on report U.S. mulls takeover of mortgage firms
By MarketWatch
Last update: 10:50 a.m. EDT July 11, 2008Comments: 254BOSTON (MarketWatch) — Shares of Fannie Mae and Freddie Mac dropped nearly 50% Friday, plunging for the fourth time in five days as investors increasingly believe the mortgage giants that made the American dream of home ownership possible for millions will need to be bailed out by the U.S taxpayer.July 11, 2008 at 9:33 AM #237512ParticipantFannie Mae and Freddie Mac are under severe pressure now.
This is really getting scary.
Fannie and Freddie shares under siege
Remain under pressure on report U.S. mulls takeover of mortgage firms
By MarketWatch
Last update: 10:50 a.m. EDT July 11, 2008Comments: 254BOSTON (MarketWatch) — Shares of Fannie Mae and Freddie Mac dropped nearly 50% Friday, plunging for the fourth time in five days as investors increasingly believe the mortgage giants that made the American dream of home ownership possible for millions will need to be bailed out by the U.S taxpayer.July 11, 2008 at 9:47 AM #237340peterb
ParticipantSold my house a year ago and went all cash out of the market last Oct. CD’s dont make much return, but I cant think of anything that’s not loaded with risk. Everything seems way too volitile since last Nov.
I was really worried about inflation since I’m holding a bunch of USD’s. But it seems to be turning into a deflationary situation for anything that’s not a commodity. Sure Oil and food are rising in price, but credit is contracting big time and unemployment is rising fast as well. The Fed has created a lot of liguidity, but I dont see how that helps when there’s really no solvency out there.
I’m now thinking that the govt is going to step in soon and start spending like never before, because the people and the private sector are not spending.They’ve made money available, but it’s not being taken, so they have to take the ball and start running with it. If history repeats itself or at least rhymes, we should more military conflict and WPA like projects.July 11, 2008 at 9:47 AM #237472ParticipantSold my house a year ago and went all cash out of the market last Oct. CD’s dont make much return, but I cant think of anything that’s not loaded with risk. Everything seems way too volitile since last Nov.
I was really worried about inflation since I’m holding a bunch of USD’s. But it seems to be turning into a deflationary situation for anything that’s not a commodity. Sure Oil and food are rising in price, but credit is contracting big time and unemployment is rising fast as well. The Fed has created a lot of liguidity, but I dont see how that helps when there’s really no solvency out there.
I’m now thinking that the govt is going to step in soon and start spending like never before, because the people and the private sector are not spending.They’ve made money available, but it’s not being taken, so they have to take the ball and start running with it. If history repeats itself or at least rhymes, we should more military conflict and WPA like projects.July 11, 2008 at 9:47 AM #237481ParticipantSold my house a year ago and went all cash out of the market last Oct. CD’s dont make much return, but I cant think of anything that’s not loaded with risk. Everything seems way too volitile since last Nov.
I was really worried about inflation since I’m holding a bunch of USD’s. But it seems to be turning into a deflationary situation for anything that’s not a commodity. Sure Oil and food are rising in price, but credit is contracting big time and unemployment is rising fast as well. The Fed has created a lot of liguidity, but I dont see how that helps when there’s really no solvency out there.
I’m now thinking that the govt is going to step in soon and start spending like never before, because the people and the private sector are not spending.They’ve made money available, but it’s not being taken, so they have to take the ball and start running with it. If history repeats itself or at least rhymes, we should more military conflict and WPA like projects.July 11, 2008 at 9:47 AM #237529ParticipantSold my house a year ago and went all cash out of the market last Oct. CD’s dont make much return, but I cant think of anything that’s not loaded with risk. Everything seems way too volitile since last Nov.
I was really worried about inflation since I’m holding a bunch of USD’s. But it seems to be turning into a deflationary situation for anything that’s not a commodity. Sure Oil and food are rising in price, but credit is contracting big time and unemployment is rising fast as well. The Fed has created a lot of liguidity, but I dont see how that helps when there’s really no solvency out there.
I’m now thinking that the govt is going to step in soon and start spending like never before, because the people and the private sector are not spending.They’ve made money available, but it’s not being taken, so they have to take the ball and start running with it. If history repeats itself or at least rhymes, we should more military conflict and WPA like projects.July 11, 2008 at 9:47 AM #237541ParticipantSold my house a year ago and went all cash out of the market last Oct. CD’s dont make much return, but I cant think of anything that’s not loaded with risk. Everything seems way too volitile since last Nov.
I was really worried about inflation since I’m holding a bunch of USD’s. But it seems to be turning into a deflationary situation for anything that’s not a commodity. Sure Oil and food are rising in price, but credit is contracting big time and unemployment is rising fast as well. The Fed has created a lot of liguidity, but I dont see how that helps when there’s really no solvency out there.
I’m now thinking that the govt is going to step in soon and start spending like never before, because the people and the private sector are not spending.They’ve made money available, but it’s not being taken, so they have to take the ball and start running with it. If history repeats itself or at least rhymes, we should more military conflict and WPA like projects.July 11, 2008 at 1:05 PM #237610ParticipantFiscal stimulus is one way to get things going. However, if govt has to step in an guaranteee Fannie and Freddie it is only gonna constrain further spending beyond that.
I’ve been trying to derisk and find places to park cash. I’m continuing to increase gold holdings (via ETFs) and I’ve done well with gold in last couple years. I will be liquidating a bunch at some point to buy a house.
All other areas of “cash” are more risky in my eyes
. The Dollar has been hammered the past year, and will probably continue to decline. If you have owned Euros or Loonies you have done very well.When someone says they are now in “Cash”, I try to ask some questions….
Is your cash parked in an FDIC-insured institution?
Is your cash in money market funds?
http://www.fool.com/personal-finance/sav…Is your cash parked in a 5year CD? If inflation (stagflation like the 70s) rears it’s head, you are locked in a CD with a poor rate of return on top of a weakening dollar.
I’m still keeping some cash in short term CDs, the spread in the 6 month vs 5 year is still pretty small.
Bubblesitter
July 11, 2008 at 1:05 PM #237743ParticipantFiscal stimulus is one way to get things going. However, if govt has to step in an guaranteee Fannie and Freddie it is only gonna constrain further spending beyond that.
I’ve been trying to derisk and find places to park cash. I’m continuing to increase gold holdings (via ETFs) and I’ve done well with gold in last couple years. I will be liquidating a bunch at some point to buy a house.
All other areas of “cash” are more risky in my eyes
. The Dollar has been hammered the past year, and will probably continue to decline. If you have owned Euros or Loonies you have done very well.When someone says they are now in “Cash”, I try to ask some questions….
Is your cash parked in an FDIC-insured institution?
Is your cash in money market funds?
http://www.fool.com/personal-finance/sav…Is your cash parked in a 5year CD? If inflation (stagflation like the 70s) rears it’s head, you are locked in a CD with a poor rate of return on top of a weakening dollar.
I’m still keeping some cash in short term CDs, the spread in the 6 month vs 5 year is still pretty small.
Bubblesitter
-
AuthorPosts
- You must be logged in to reply to this topic.