Forum Replies Created
-
AuthorPosts
-
April 30, 2009 at 5:30 PM in reply to: Recession deepens…first quarter GDP worse than expected… #391133April 30, 2009 at 5:30 PM in reply to: Recession deepens…first quarter GDP worse than expected… #391276
(former)FormerSanDiegan
ParticipantAlso, Chrysler filed for bankruptcy.
… and the stock market rallied/yawned on these two pieces of news.
Participant[quote=jpinpb]I think the issue is not whether one of us Piggs missed out, but the principle of the behind the scene deals. If it occurs, then maybe we would miss out, or maybe others are missing out b/c of inside deals. [/quote]
Look on the bright side. If indeed these are selling for less than they would on the open market, the impact would be to bring down the comps for all the other properties. From a buyer’s point of view is that not a good thing ?
Participant[quote=jpinpb]I think the issue is not whether one of us Piggs missed out, but the principle of the behind the scene deals. If it occurs, then maybe we would miss out, or maybe others are missing out b/c of inside deals. [/quote]
Look on the bright side. If indeed these are selling for less than they would on the open market, the impact would be to bring down the comps for all the other properties. From a buyer’s point of view is that not a good thing ?
Participant[quote=jpinpb]I think the issue is not whether one of us Piggs missed out, but the principle of the behind the scene deals. If it occurs, then maybe we would miss out, or maybe others are missing out b/c of inside deals. [/quote]
Look on the bright side. If indeed these are selling for less than they would on the open market, the impact would be to bring down the comps for all the other properties. From a buyer’s point of view is that not a good thing ?
Participant[quote=jpinpb]I think the issue is not whether one of us Piggs missed out, but the principle of the behind the scene deals. If it occurs, then maybe we would miss out, or maybe others are missing out b/c of inside deals. [/quote]
Look on the bright side. If indeed these are selling for less than they would on the open market, the impact would be to bring down the comps for all the other properties. From a buyer’s point of view is that not a good thing ?
Participant[quote=jpinpb]I think the issue is not whether one of us Piggs missed out, but the principle of the behind the scene deals. If it occurs, then maybe we would miss out, or maybe others are missing out b/c of inside deals. [/quote]
Look on the bright side. If indeed these are selling for less than they would on the open market, the impact would be to bring down the comps for all the other properties. From a buyer’s point of view is that not a good thing ?
Participant[quote=scaredycat]on the other hand, people are not rational. wealthy people will go nuts and screw others to the wall for relatively pathetic sums. I have worked with successful people who implode on small matters. so, the fact that somebody’s actions don’t necessarily calculate proves, not very much, other than that people do odd things. very odd things. i used to beleive people were fundamentally rational and kind of acted in their own perceived self interest. i just don’t believe that anymore. i think people are crazy[/quote]
Good point. Martha Stewart, for example went to jail for selling a stock on insider info. If she would have waited until the next day to sell when the news was made public she would have lost about $75K.
A person with the kind of dough she has and she goes to jail to save $75K. She probably spent 10 times that in legal fees. Not rational.
Participant[quote=scaredycat]on the other hand, people are not rational. wealthy people will go nuts and screw others to the wall for relatively pathetic sums. I have worked with successful people who implode on small matters. so, the fact that somebody’s actions don’t necessarily calculate proves, not very much, other than that people do odd things. very odd things. i used to beleive people were fundamentally rational and kind of acted in their own perceived self interest. i just don’t believe that anymore. i think people are crazy[/quote]
Good point. Martha Stewart, for example went to jail for selling a stock on insider info. If she would have waited until the next day to sell when the news was made public she would have lost about $75K.
A person with the kind of dough she has and she goes to jail to save $75K. She probably spent 10 times that in legal fees. Not rational.
Participant[quote=scaredycat]on the other hand, people are not rational. wealthy people will go nuts and screw others to the wall for relatively pathetic sums. I have worked with successful people who implode on small matters. so, the fact that somebody’s actions don’t necessarily calculate proves, not very much, other than that people do odd things. very odd things. i used to beleive people were fundamentally rational and kind of acted in their own perceived self interest. i just don’t believe that anymore. i think people are crazy[/quote]
Good point. Martha Stewart, for example went to jail for selling a stock on insider info. If she would have waited until the next day to sell when the news was made public she would have lost about $75K.
A person with the kind of dough she has and she goes to jail to save $75K. She probably spent 10 times that in legal fees. Not rational.
Participant[quote=scaredycat]on the other hand, people are not rational. wealthy people will go nuts and screw others to the wall for relatively pathetic sums. I have worked with successful people who implode on small matters. so, the fact that somebody’s actions don’t necessarily calculate proves, not very much, other than that people do odd things. very odd things. i used to beleive people were fundamentally rational and kind of acted in their own perceived self interest. i just don’t believe that anymore. i think people are crazy[/quote]
Good point. Martha Stewart, for example went to jail for selling a stock on insider info. If she would have waited until the next day to sell when the news was made public she would have lost about $75K.
A person with the kind of dough she has and she goes to jail to save $75K. She probably spent 10 times that in legal fees. Not rational.
Participant[quote=scaredycat]on the other hand, people are not rational. wealthy people will go nuts and screw others to the wall for relatively pathetic sums. I have worked with successful people who implode on small matters. so, the fact that somebody’s actions don’t necessarily calculate proves, not very much, other than that people do odd things. very odd things. i used to beleive people were fundamentally rational and kind of acted in their own perceived self interest. i just don’t believe that anymore. i think people are crazy[/quote]
Good point. Martha Stewart, for example went to jail for selling a stock on insider info. If she would have waited until the next day to sell when the news was made public she would have lost about $75K.
A person with the kind of dough she has and she goes to jail to save $75K. She probably spent 10 times that in legal fees. Not rational.
April 30, 2009 at 8:26 AM in reply to: What do folks think about the stock market these days? #390083ParticipantI usually am ridiculed on this board when saying this, but I am dollar-cost averaging my retirement accounts back into this market, after being heavily (~60%) in cash late last year. I expect some more dips between May and October due to seasonal weakness, but want to be dialed back up to at least 60-70% stocks by the fall.
Gradually moving stocks to cash in 2008 saved me some losses, though I still took a pretty decent hit.
I expect that others will be sick of their paltry 0.05% Money market option in their retirement accounts and look for better returns. Even the paltry 2-3% dividend of stocks in the S&P 500 will start to look good.
I anticipate that in 10 years I will be rewarded for this move.
April 30, 2009 at 8:26 AM in reply to: What do folks think about the stock market these days? #390345ParticipantI usually am ridiculed on this board when saying this, but I am dollar-cost averaging my retirement accounts back into this market, after being heavily (~60%) in cash late last year. I expect some more dips between May and October due to seasonal weakness, but want to be dialed back up to at least 60-70% stocks by the fall.
Gradually moving stocks to cash in 2008 saved me some losses, though I still took a pretty decent hit.
I expect that others will be sick of their paltry 0.05% Money market option in their retirement accounts and look for better returns. Even the paltry 2-3% dividend of stocks in the S&P 500 will start to look good.
I anticipate that in 10 years I will be rewarded for this move.
April 30, 2009 at 8:26 AM in reply to: What do folks think about the stock market these days? #390553ParticipantI usually am ridiculed on this board when saying this, but I am dollar-cost averaging my retirement accounts back into this market, after being heavily (~60%) in cash late last year. I expect some more dips between May and October due to seasonal weakness, but want to be dialed back up to at least 60-70% stocks by the fall.
Gradually moving stocks to cash in 2008 saved me some losses, though I still took a pretty decent hit.
I expect that others will be sick of their paltry 0.05% Money market option in their retirement accounts and look for better returns. Even the paltry 2-3% dividend of stocks in the S&P 500 will start to look good.
I anticipate that in 10 years I will be rewarded for this move.
-
AuthorPosts
