stock market thread

[grocery_mony 8]

1. Most times people say its the tip of the iceberg, is when things start turning around. Warren Buffett is buying stuff, its cliche', but he is not wrong very often.2. I don't know what grocery stores you worked for, but I worked for Safeway 15 years ago, and 2-3% was SOP. If they got better than that they were jumping for joy.3. Expect a slow down in commercial real estate, but their will still be companies paying the rent, you just won't see the appreciation, and possibly some devlauation, but rents will still return 4-7% depending on how risky the building is.DONK - IT WASN'T TOTALLY DIRECTED AT YOU, YOU WERE LIKE THE FOURTH PERSON I HAVE SEEN SAY THAT TODAY!

If your only making 6% on a complex that is 100% occupied how are you gonna pay the bills if it drops down to 70-80% occupied?

[El Guapo 8]

If your only making 6% on a complex that is 100% occupied how are you gonna pay the bills if it drops down to 70-80% occupied?

Those numbers are rarely based on 100% occupancy. Also most REITs sit on 25% or greater cash. So they can cover gaps.

[grocery_mony 8]

I got 100k in a T-bill moneymarket fund right now from my home sale. Do you think in the next year or so intrest rates for high quality bonds and GIC's will come up steeply?

[El Guapo 8]

I got 100k in a T-bill moneymarket fund right now from my home sale. Do you think in the next year or so intrest rates for high quality bonds and GIC's will come up steeply?

Hard to tell. Not sure about GIC's at all.That is a better question for MK. There will be continued volatility, and in the short term interest rates will remain low.

[navybuttons 15]

Sometimes I think I picked the wrong time to major in economics..

the best at any job can succeed in any market. it's easy to make money when everything is going well. it's the great ones who make the money when it's not.

[Sal Paradise 57]

the best at any job can succeed in any market. it's easy to make money when everything is going well. it's the great ones who make the money when it's not.

this does not bode well for me

[donk4life 34]

Sorry I yelled Sean, I'm just scared.

[grocery_mony 8]

Sometimes I think I picked the wrong time to major in economics..

Is it to late to switch to suicide councelling?

[brvheart 1,751]

I love the fact that the market dropped the most of any day in history and I only lost 3%. hahahahahah

[SuitedAces21 2,721]

I love the fact that the market dropped the most of any day in history and I only lost 3%. hahahahahah

Dairy Queen is recession proof, obviously.

[brvheart 1,751]

Blizzards make everything better.

[brvheart 1,751]

The dollar is making massive gains against the Euro.... it's amazing actually.Also Gold going up so much today didn't hurt either. I'm buying more silver.

[savagerebel 0]

I don't have alot of stock. I am just a poor college kid. I feel like I am doing something right by getting into it early in life and trying to learn a few things. My uncle is the president a branch office for Wachovia in Texas. He has helped me alot. I started off buying stock about 5 years ago when I was a senior in high school $100 at a time. I started with Pfizer in late 2003 and sold it for a good gain in 2004. I had a few other fun stocks I played with. I had a few BP, Time Warner and some A.G. Edwards stock he gave me graduation and wedding presents. A.G. Edwards was acquired by Wachovia and I got a nice check in the mail and my A.G. Edwards stock was changed to Wachovia. I hadn't looked at it in a while. I have a ticker on my desktop and I happened to glance at it today. My Wachovia stock has dropped to just over $1. Today I learned how to lose money.

[brvheart 1,751]

I don't have alot of stock. I am just a poor college kid. I feel like I am doing something right by getting into it early in life and trying to learn a few things. My uncle is the president a branch office for Wachovia in Texas. He has helped me alot. I started off buying stock about 5 years ago when I was a senior in high school $100 at a time. I started with Pfizer in late 2003 and sold it for a good gain in 2004. I had a few other fun stocks I played with. I had a few BP, Time Warner and some A.G. Edwards stock he gave me graduation and wedding presents. A.G. Edwards was acquired by Wachovia and I got a nice check in the mail and my A.G. Edwards stock was changed to Wachovia. I hadn't looked at it in a while. I have a ticker on my desktop and I happened to glance at it today. My Wachovia stock has dropped to just over $1. Today I learned how to lose money.

yes, you definitely have to pay attention. Wachovia was just seized by Citi or someone.Also, I need Wrongway to come in here with some 'sky is falling stuff' on good days like this. Why does he only post when the market goes down? I hate making money.

[El Guapo 8]

Buffett is just scooping stuff up at a discount, and getting 10% qualified dividends to boot. He invested 5 Billion into GS preferred stock w/ 10% div pay-out, 3 Billion into GE preferred stock with a 10% pay-out (that is 800 Million a year just in dividends) plus he is getting 3 Billion in 5 year warrants from GE @ 22.50 10% lower than current market value which has just been crushed.

[WrongWay 0]

yes, you definitely have to pay attention. Wachovia was just seized by Citi or someone.Also, I need Wrongway to come in here with some 'sky is falling stuff' on good days like this. Why does he only post when the market goes down? I hate making money.

I was on jury duty yesterday, today I had a ton of work to do to catch up.Tonight I'll be acting like Wall Street. I'm haivng a colonoscopy tomorrow and must do my prep. What happens if the billionaire bailout is again defeated.... As much as the press is trying to spin it, voter sentiment is still VERY strongly against this bill.If this was Nov 5th, it would pass in a second. But Oct 3rd will be much more difficult.Making money is good. But in my opinion, not losing money I've already made once, is even better.

[Sal Paradise 57]

well huh, he must know something good then. guess I'll have to pick up ten or so shares of brk-a tomorrow.

[WrongWay 0]

Buffett is just scooping stuff up at a discount, and getting 10% qualified dividends to boot. He invested 5 Billion into GS preferred stock w/ 10% div pay-out, 3 Billion into GE preferred stock with a 10% pay-out (that is 800 Million a year just in dividends) plus he is getting 3 Billion in 5 year warrants from GE @ 22.50 10% lower than current market value which has just been crushed.

And Buffet has said that he is banking on the billionaire bailout. What if it doesn't happen?

[El Guapo 8]

well huh, he must know something good then. guess I'll have to pick up ten or so shares of brk-a tomorrow.

You could maybe get one of BRK-B if you sell your mower, and a testicle.

And Buffet has said that he is banking on the billionaire bailout. What if it doesn't happen?

It will, eventually.

[brvheart 1,751]

I was on jury duty yesterday, today I had a ton of work to do to catch up.Tonight I'll be acting like Wall Street. I'm haivng a colonoscopy tomorrow and must do my prep. What happens if the billionaire bailout is again defeated.... As much as the press is trying to spin it, voter sentiment is still VERY strongly against this bill.If this was Nov 5th, it would pass in a second. But Oct 3rd will be much more difficult.Making money is good. But in my opinion, not losing money I've already made once, is even better.

If it doesn't pass, it won't be an issue. We will have another day like Monday, followed by a bounce back. The public doesn't want the bailout, so if the public gets what it wants they aren't going to be pissed and start selling everything.

well huh, he must know something good then. guess I'll have to pick up ten or so shares of brk-a tomorrow.

only 10? You're a poor bastard.

[Sal Paradise 57]

You could maybe get one of BRK-B if you sell your mower, and a testicle.

shoot fool I'm straight balla don't you know?

[donk4life 34]

I wish I could invest in porn. Seriously, when times are bad, and people are suffering, we turn to sex.

[WrongWay 0]

Congress shows that it is the bitch of the billionaire bankers, while the tax payer get a $700 billion as s fck!Congressment admit calls were 90+% against, but they show who their true masters are.Now we will be able to add hyper-inflation to the ills killing the middle class. Stagnate wages, crashing home prices, crushing debt load, job losses, off shoring, unaffordable medical care, high taxes, and a government that works against them not for them just wasn't enough. And, this $700 billion may delay the crash 3-6 months MAXIMUM. We still have ALL the same problems. Over the last 15 years, medain income up 20%, CPI up 40% and per hosuehodl debt up 180% while non-financial secotr business debt has increased from $3 trillion to $11 trillion. We've done nothing but stick a bandage on a gun shot to the heart.

[brvheart 1,751]

Congress shows that it is the bitch of the billionaire bankers, while the tax payer get a $700 billion as s fck!Congressment admit calls were 90+% against, but they show who their true masters are.Now we will be able to add hyper-inflation to the ills killing the middle class. Stagnate wages, crashing home prices, crushing debt load, job losses, off shoring, unaffordable medical care, high taxes, and a government that works against them not for them just wasn't enough. And, this $700 billion may delay the crash 3-6 months MAXIMUM. We still have ALL the same problems. Over the last 15 years, medain income up 20%, CPI up 40% and per hosuehodl debt up 180% while non-financial secotr business debt has increased from $3 trillion to $11 trillion. We've done nothing but stick a bandage on a gun shot to the heart.

Wasn't the senate version 857 billion?

[nutzbuster 7]

My holdings are holding, lol. so far not too much damage. Lots of bargains down here imo.Here is a power point link (from the blog forum) to a pretty funni Mortgage meltdown explanation. Too bad it's all true.http://www.slideshare.net/praina/mortgage-meltdown