Forum Replies Created
-
AuthorPosts
-
stockstradr
ParticipantI stand by my opinion that their are no more than three or so members of this forum regularly (or even infrequently) posting valuable opinions on economics and investing, in addition to Rich. peterb is good. Chris Scoreboard is good. A few others as well.
However, I should explain that statement. I’m an unusual person who spends at least 40+ hours per week mining multiple media for analysis and ideas on investing. i get five daily newspapers for example.
So my standard of expert and valuable trading insights is not met by the typical piggington member who posts something like “I just dollar cost average the same amount each month into a stock index, no matter what the market does”
And I certainly made more in the stock market last year than my six-figure day job pays. So I’ll think about what you wrote (for about a microsecond) on the way to my bank.
stockstradr
ParticipantI stand by my opinion that their are no more than three or so members of this forum regularly (or even infrequently) posting valuable opinions on economics and investing, in addition to Rich. peterb is good. Chris Scoreboard is good. A few others as well.
However, I should explain that statement. I’m an unusual person who spends at least 40+ hours per week mining multiple media for analysis and ideas on investing. i get five daily newspapers for example.
So my standard of expert and valuable trading insights is not met by the typical piggington member who posts something like “I just dollar cost average the same amount each month into a stock index, no matter what the market does”
And I certainly made more in the stock market last year than my six-figure day job pays. So I’ll think about what you wrote (for about a microsecond) on the way to my bank.
stockstradr
ParticipantI have a friend who is working on starting a business with regards to selling clothes/uniforms.
A good strategy is for your friend to wait and conserve cash and take no action until A LOT of blood and bodies are seen in the street (at the darkest bottom of this economic depression). We’ll guess that is twelve to eighteen months away.
At the very bottom tell your friend to pick over the carcasses of bankrupt businesses and buy all the pieces to start the business, buying at say 90% discount sale prices. You birth your businesss out of that and grow it as the economy expands out of the bottom of the economic depression. That’s a recipe to get rich (assuming a good business model)
Now, after you explain that to your friend, and if your friend STILL thinks now is a good time to start a business, you should advise your friend: “Pick another field! You suck at business decisions.”
stockstradr
ParticipantI have a friend who is working on starting a business with regards to selling clothes/uniforms.
A good strategy is for your friend to wait and conserve cash and take no action until A LOT of blood and bodies are seen in the street (at the darkest bottom of this economic depression). We’ll guess that is twelve to eighteen months away.
At the very bottom tell your friend to pick over the carcasses of bankrupt businesses and buy all the pieces to start the business, buying at say 90% discount sale prices. You birth your businesss out of that and grow it as the economy expands out of the bottom of the economic depression. That’s a recipe to get rich (assuming a good business model)
Now, after you explain that to your friend, and if your friend STILL thinks now is a good time to start a business, you should advise your friend: “Pick another field! You suck at business decisions.”
stockstradr
ParticipantI have a friend who is working on starting a business with regards to selling clothes/uniforms.
A good strategy is for your friend to wait and conserve cash and take no action until A LOT of blood and bodies are seen in the street (at the darkest bottom of this economic depression). We’ll guess that is twelve to eighteen months away.
At the very bottom tell your friend to pick over the carcasses of bankrupt businesses and buy all the pieces to start the business, buying at say 90% discount sale prices. You birth your businesss out of that and grow it as the economy expands out of the bottom of the economic depression. That’s a recipe to get rich (assuming a good business model)
Now, after you explain that to your friend, and if your friend STILL thinks now is a good time to start a business, you should advise your friend: “Pick another field! You suck at business decisions.”
stockstradr
ParticipantI have a friend who is working on starting a business with regards to selling clothes/uniforms.
A good strategy is for your friend to wait and conserve cash and take no action until A LOT of blood and bodies are seen in the street (at the darkest bottom of this economic depression). We’ll guess that is twelve to eighteen months away.
At the very bottom tell your friend to pick over the carcasses of bankrupt businesses and buy all the pieces to start the business, buying at say 90% discount sale prices. You birth your businesss out of that and grow it as the economy expands out of the bottom of the economic depression. That’s a recipe to get rich (assuming a good business model)
Now, after you explain that to your friend, and if your friend STILL thinks now is a good time to start a business, you should advise your friend: “Pick another field! You suck at business decisions.”
stockstradr
ParticipantI have a friend who is working on starting a business with regards to selling clothes/uniforms.
A good strategy is for your friend to wait and conserve cash and take no action until A LOT of blood and bodies are seen in the street (at the darkest bottom of this economic depression). We’ll guess that is twelve to eighteen months away.
At the very bottom tell your friend to pick over the carcasses of bankrupt businesses and buy all the pieces to start the business, buying at say 90% discount sale prices. You birth your businesss out of that and grow it as the economy expands out of the bottom of the economic depression. That’s a recipe to get rich (assuming a good business model)
Now, after you explain that to your friend, and if your friend STILL thinks now is a good time to start a business, you should advise your friend: “Pick another field! You suck at business decisions.”
stockstradr
ParticipantIf you want to brag about how great your picks are, go do it on MarketGuru
Believe it or not, I agree with your post. Even if the advice wasn’t intended for me, I’ll apply it to myself.
I’m going to post MUCH LESS on this web site about my trades. I have been thinking about that for weeks. This is the wrong place for such specific discussion about market trading strategies. It is kind of disrespectful to Rich because Rich IS the licensed expert, yet Rich’s employment in that industry prevents him from correcting any errors (in financial advice) that we may make on HIS website.
Besides if people actually do start taking our f’d up financial advice (that we post to this website) that might distract them away from what they should really do: hire a licensed professional like Rich for really great advice and money management.
So I am basically concluding I need to take these investment/speculation threads elsewhere. This just isn’t the appropriate web site for that. Even the charter of this website clearly states the focus is real estate.
And there is another reason I need to take those threads to a website that is instead filled with trading pro’s. Piggington.com has very few members who are sharp on the economy and investing; I’m estimating maybe three members on here (in addition to Rich) who have anything of value to teach me about economics and investing. However, there are MANY very smart members on here who are experts in many other fields, such as real estate, wine…etc. That’s why I’ll remain a participant of this Forum.
So far one forum (for hard-core threads on trading financial markets) I really like is Karl Denninger’s “The Market Ticker”
http://market-ticker.denninger.net/
There are some very sharp trading pro’s posting to the forum that is buried inside his website:
stockstradr
ParticipantIf you want to brag about how great your picks are, go do it on MarketGuru
Believe it or not, I agree with your post. Even if the advice wasn’t intended for me, I’ll apply it to myself.
I’m going to post MUCH LESS on this web site about my trades. I have been thinking about that for weeks. This is the wrong place for such specific discussion about market trading strategies. It is kind of disrespectful to Rich because Rich IS the licensed expert, yet Rich’s employment in that industry prevents him from correcting any errors (in financial advice) that we may make on HIS website.
Besides if people actually do start taking our f’d up financial advice (that we post to this website) that might distract them away from what they should really do: hire a licensed professional like Rich for really great advice and money management.
So I am basically concluding I need to take these investment/speculation threads elsewhere. This just isn’t the appropriate web site for that. Even the charter of this website clearly states the focus is real estate.
And there is another reason I need to take those threads to a website that is instead filled with trading pro’s. Piggington.com has very few members who are sharp on the economy and investing; I’m estimating maybe three members on here (in addition to Rich) who have anything of value to teach me about economics and investing. However, there are MANY very smart members on here who are experts in many other fields, such as real estate, wine…etc. That’s why I’ll remain a participant of this Forum.
So far one forum (for hard-core threads on trading financial markets) I really like is Karl Denninger’s “The Market Ticker”
http://market-ticker.denninger.net/
There are some very sharp trading pro’s posting to the forum that is buried inside his website:
stockstradr
ParticipantIf you want to brag about how great your picks are, go do it on MarketGuru
Believe it or not, I agree with your post. Even if the advice wasn’t intended for me, I’ll apply it to myself.
I’m going to post MUCH LESS on this web site about my trades. I have been thinking about that for weeks. This is the wrong place for such specific discussion about market trading strategies. It is kind of disrespectful to Rich because Rich IS the licensed expert, yet Rich’s employment in that industry prevents him from correcting any errors (in financial advice) that we may make on HIS website.
Besides if people actually do start taking our f’d up financial advice (that we post to this website) that might distract them away from what they should really do: hire a licensed professional like Rich for really great advice and money management.
So I am basically concluding I need to take these investment/speculation threads elsewhere. This just isn’t the appropriate web site for that. Even the charter of this website clearly states the focus is real estate.
And there is another reason I need to take those threads to a website that is instead filled with trading pro’s. Piggington.com has very few members who are sharp on the economy and investing; I’m estimating maybe three members on here (in addition to Rich) who have anything of value to teach me about economics and investing. However, there are MANY very smart members on here who are experts in many other fields, such as real estate, wine…etc. That’s why I’ll remain a participant of this Forum.
So far one forum (for hard-core threads on trading financial markets) I really like is Karl Denninger’s “The Market Ticker”
http://market-ticker.denninger.net/
There are some very sharp trading pro’s posting to the forum that is buried inside his website:
stockstradr
ParticipantIf you want to brag about how great your picks are, go do it on MarketGuru
Believe it or not, I agree with your post. Even if the advice wasn’t intended for me, I’ll apply it to myself.
I’m going to post MUCH LESS on this web site about my trades. I have been thinking about that for weeks. This is the wrong place for such specific discussion about market trading strategies. It is kind of disrespectful to Rich because Rich IS the licensed expert, yet Rich’s employment in that industry prevents him from correcting any errors (in financial advice) that we may make on HIS website.
Besides if people actually do start taking our f’d up financial advice (that we post to this website) that might distract them away from what they should really do: hire a licensed professional like Rich for really great advice and money management.
So I am basically concluding I need to take these investment/speculation threads elsewhere. This just isn’t the appropriate web site for that. Even the charter of this website clearly states the focus is real estate.
And there is another reason I need to take those threads to a website that is instead filled with trading pro’s. Piggington.com has very few members who are sharp on the economy and investing; I’m estimating maybe three members on here (in addition to Rich) who have anything of value to teach me about economics and investing. However, there are MANY very smart members on here who are experts in many other fields, such as real estate, wine…etc. That’s why I’ll remain a participant of this Forum.
So far one forum (for hard-core threads on trading financial markets) I really like is Karl Denninger’s “The Market Ticker”
http://market-ticker.denninger.net/
There are some very sharp trading pro’s posting to the forum that is buried inside his website:
stockstradr
ParticipantIf you want to brag about how great your picks are, go do it on MarketGuru
Believe it or not, I agree with your post. Even if the advice wasn’t intended for me, I’ll apply it to myself.
I’m going to post MUCH LESS on this web site about my trades. I have been thinking about that for weeks. This is the wrong place for such specific discussion about market trading strategies. It is kind of disrespectful to Rich because Rich IS the licensed expert, yet Rich’s employment in that industry prevents him from correcting any errors (in financial advice) that we may make on HIS website.
Besides if people actually do start taking our f’d up financial advice (that we post to this website) that might distract them away from what they should really do: hire a licensed professional like Rich for really great advice and money management.
So I am basically concluding I need to take these investment/speculation threads elsewhere. This just isn’t the appropriate web site for that. Even the charter of this website clearly states the focus is real estate.
And there is another reason I need to take those threads to a website that is instead filled with trading pro’s. Piggington.com has very few members who are sharp on the economy and investing; I’m estimating maybe three members on here (in addition to Rich) who have anything of value to teach me about economics and investing. However, there are MANY very smart members on here who are experts in many other fields, such as real estate, wine…etc. That’s why I’ll remain a participant of this Forum.
So far one forum (for hard-core threads on trading financial markets) I really like is Karl Denninger’s “The Market Ticker”
http://market-ticker.denninger.net/
There are some very sharp trading pro’s posting to the forum that is buried inside his website:
January 11, 2009 at 5:05 PM in reply to: New Paradigm: The job market is the biggest economic problem #327058stockstradr
ParticipantWe have spent last two weeks looking at rentals to downsize into, cutting our rent by $1,000 per month.
We want something we can pay the rent on for three years even if BOTH my wife and I lose our jobs.
Plan for the worst. Bring on the pain. Conserve cash for the bargains that will come at the bottom. Make the pain your gain.
January 11, 2009 at 5:05 PM in reply to: New Paradigm: The job market is the biggest economic problem #327466stockstradr
ParticipantWe have spent last two weeks looking at rentals to downsize into, cutting our rent by $1,000 per month.
We want something we can pay the rent on for three years even if BOTH my wife and I lose our jobs.
Plan for the worst. Bring on the pain. Conserve cash for the bargains that will come at the bottom. Make the pain your gain.
-
AuthorPosts
