Comments on: What to Do in These Markets http://glickreport.blogs.foxbusiness.com/2008/10/21/what-to-do-in-these-markets/ Fri, 20 Nov 2009 17:08:26 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: pham http://glickreport.blogs.foxbusiness.com/2008/10/21/what-to-do-in-these-markets/comment-page-1/#comment-3849 pham Thu, 23 Oct 2008 14:49:34 +0000 http://glickreport.blogs.foxbusiness.com/?p=704#comment-3849 hI THERE ! I really like leman brother and aig, fre fnn I would like to know more information of them please help me. thank you very much devon hI THERE !
I really like leman brother and aig, fre fnn I would like to know more information of them please help me. thank you very much

devon

]]> By: walter http://glickreport.blogs.foxbusiness.com/2008/10/21/what-to-do-in-these-markets/comment-page-1/#comment-3843 walter Wed, 22 Oct 2008 22:41:20 +0000 http://glickreport.blogs.foxbusiness.com/?p=704#comment-3843 Several point: a) I agree that one must intelligently save for retirement. No question about it. b) I disagree with the statement that if you're 5 years or more from retirement just let your money ride through the turbulence. Many folks have seen a decrease on account value upwards of 40% over the last 12-15 months. In order to make up 40%, you need earn greater then 60% on the money that is remaining. With decent investings, you'll make this up in maybe 5 years. Sitting on the sidelines through this turbulence cost you 5 years towards your retirement. This sounds like a lousy way to save for retirement. One must be more prudent with their savings. c) Finanical planners...don't get me going. I haven't met one that has provided good advice during the turbulent times. It is easy to be good during the boom times, but a good financial adbvisor is worth is weight in gold during the bad. I have yet to meet one who provides sound advice during the bad times. Sound advice might be: 1) get into cash 2) buy some Inverse ETF's to hedge your long portfolio. Bottom line...there is nothing better then being educated on these matters. Everyone should educate themselves on ways of creating and preserving wealth. Several point:

a) I agree that one must intelligently save for retirement. No question about it.

b) I disagree with the statement that if you’re 5 years or more from retirement just let your money ride through the turbulence. Many folks have seen a decrease on account value upwards of 40% over the last 12-15 months. In order to make up 40%, you need
earn greater then 60% on the money that is remaining. With decent investings, you’ll
make this up in maybe 5 years. Sitting on the sidelines through this turbulence cost
you 5 years towards your retirement. This sounds like a lousy way to save for retirement. One must be more prudent with their savings.

c) Finanical planners…don’t get me going. I haven’t met one that has provided
good advice during the turbulent times. It is easy to be good during the boom times,
but a good financial adbvisor is worth is weight in gold during the bad. I have
yet to meet one who provides sound advice during the bad times. Sound advice might
be: 1) get into cash 2) buy some Inverse ETF’s to hedge your long portfolio.

Bottom line…there is nothing better then being educated on these matters. Everyone
should educate themselves on ways of creating and preserving wealth.

]]> By: Funny McJokeson http://glickreport.blogs.foxbusiness.com/2008/10/21/what-to-do-in-these-markets/comment-page-1/#comment-3830 Funny McJokeson Wed, 22 Oct 2008 13:41:14 +0000 http://glickreport.blogs.foxbusiness.com/?p=704#comment-3830 What to Do in These Markets? Buy stock in KY Brands? What to Do in These Markets?

Buy stock in KY Brands?

]]> By: 6ftrabbit http://glickreport.blogs.foxbusiness.com/2008/10/21/what-to-do-in-these-markets/comment-page-1/#comment-3828 6ftrabbit Wed, 22 Oct 2008 12:59:04 +0000 http://glickreport.blogs.foxbusiness.com/?p=704#comment-3828 "What to do in these markets?" Easy. Stay out of it. Get a job actually producing some useful product or service instead of gambling. Save some money for retirement, instead of blowing it on useless junk and entertainment 24/7. “What to do in these markets?” Easy. Stay out of it. Get a job actually producing some useful product or service instead of gambling. Save some money for retirement, instead of blowing it on useless junk and entertainment 24/7.

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