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nostradamus
ParticipantSwiss banks have branches in the U.S. as well. You don’t need to go there to open an account.
The biggest bank in Switzerland is UBS:
The 2nd biggest is Credit Suisse:
nostradamus
ParticipantHi Running Bear,
Can’t you safely get 5% on up to $50M with a local bank on the CDARS network? They spread your deposit amongst as many banks as necessary to ensure you get full FDIC coverage:
With your Swiss account are you hedged against the weakening dollar?
nostradamus
ParticipantHi Running Bear,
Can’t you safely get 5% on up to $50M with a local bank on the CDARS network? They spread your deposit amongst as many banks as necessary to ensure you get full FDIC coverage:
With your Swiss account are you hedged against the weakening dollar?
nostradamus
ParticipantDid you have the bunker added? 🙂
nostradamus
ParticipantDid you have the bunker added? 🙂
October 19, 2007 at 3:44 PM in reply to: Employment is down and so is early stock trading ` 200+ points…. #90221nostradamus
ParticipantHi coop,
I agree. I’ve been saving money wanting to buy a house, and am glad to see housing prices coming down but sad to see that our dollar is coming down as well thanks to these fed rate cuts. I’m extremely concerned over how all this will turn out.
I’ve used scottrade for 7 years, they’re basic and charge $7 per trade. This comes with online access and their trades have been immediate for me (no delay when I click buy/sell). They don’t give you the guidance of a live broker, but I don’t use them anyway (in fact I often go against them).
Scottrade does provide basic quotes and analysis. Their phone operators are friendly and access to my funds is easy (I’ve deposited and withdrawn many times). Once they tried to “call” my short-sold stocks, which they have a right to do, but I whined and they backed off.
You’ll need a margin account to trade short so let them know when you open the account.
October 19, 2007 at 3:44 PM in reply to: Employment is down and so is early stock trading ` 200+ points…. #90232nostradamus
ParticipantHi coop,
I agree. I’ve been saving money wanting to buy a house, and am glad to see housing prices coming down but sad to see that our dollar is coming down as well thanks to these fed rate cuts. I’m extremely concerned over how all this will turn out.
I’ve used scottrade for 7 years, they’re basic and charge $7 per trade. This comes with online access and their trades have been immediate for me (no delay when I click buy/sell). They don’t give you the guidance of a live broker, but I don’t use them anyway (in fact I often go against them).
Scottrade does provide basic quotes and analysis. Their phone operators are friendly and access to my funds is easy (I’ve deposited and withdrawn many times). Once they tried to “call” my short-sold stocks, which they have a right to do, but I whined and they backed off.
You’ll need a margin account to trade short so let them know when you open the account.
nostradamus
ParticipantRight on! I’ve never seen that vid. Thanks!
nostradamus
ParticipantRight on! I’ve never seen that vid. Thanks!
October 19, 2007 at 2:23 PM in reply to: Employment is down and so is early stock trading ` 200+ points…. #90195nostradamus
ParticipantYes cooprider, I would have made $300 more if I held out until today, but there’s always tomorrow and I’m sure we’ll see lots more mini-rallies followed by mega-corrections. It’s a shorter’s paradise out there.
I still can’t complain with 3 grand in hand after only 10 days. I bought myself a new HD camcorder with 1/3 of my take and will re-invest (short) the other 2/3 after the next mini-rally (go bulls! snatch up those ‘bargains’).
October 19, 2007 at 2:23 PM in reply to: Employment is down and so is early stock trading ` 200+ points…. #90206nostradamus
ParticipantYes cooprider, I would have made $300 more if I held out until today, but there’s always tomorrow and I’m sure we’ll see lots more mini-rallies followed by mega-corrections. It’s a shorter’s paradise out there.
I still can’t complain with 3 grand in hand after only 10 days. I bought myself a new HD camcorder with 1/3 of my take and will re-invest (short) the other 2/3 after the next mini-rally (go bulls! snatch up those ‘bargains’).
nostradamus
ParticipantI’m at 27% high-liquidity stocks, 66% CDs and 7% cash in high-yield. I want a lot of liquidity in the coming months/years to be ready to take advantage of the bloody aftermath of current events. My longest term on a CD is 10 months.
nostradamus
ParticipantI’m at 27% high-liquidity stocks, 66% CDs and 7% cash in high-yield. I want a lot of liquidity in the coming months/years to be ready to take advantage of the bloody aftermath of current events. My longest term on a CD is 10 months.
nostradamus
ParticipantAbbey, where do you get your information? It seems like you’re making naive generalizations (everyone in CA has guns) and you’re spending a lot of time listening to cold-calling salesmen (RE agent). I get the feeling that after reading everyone’s advice here you’re gonna get an overpriced house and a gun.
The area you choose do live in depends on many things. San Diego is a LARGE county so you can’t just pick Rancho Bernardo or Mira Mesa. There’s a lot to consider, like schools, work, traffic, shopping, etc. it really depends on what you want. You can’t make generalizations, and lumping all the areas of San Diego together is one. Tell us where you’ll be working, what your price range is, etc. then you can get some real advice. Right now you’re just trolling.
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