Life The Financial Markets - Page 3

**TrebMaxx** · 09-19-2008, 10:37 AM

Just wondering if there are any financial gurus out in Chiefs land. I just recently inherited a modest sum of money and with the markets going crazy like they are right now I am not sure what to do with it. I will be seeing a financial adviser, but thought it would be interesting to see what others think.

Throw out your best opinions on what you would do if in my shoes.

**TrebMaxx** · 09-19-2008, 01:33 PM

Quote:

Originally Posted by bunnytrdr

Put it under your mattress.

The thought has crossed my mind!

**TrebMaxx** · 09-19-2008, 01:33 PM

Quote:

Originally Posted by Iowanian

I've got a great business idea if I can just scratch a little more capitol....you could get 1 million %%%%% back on your investment.

PM me for my address.

biggunns · 09-19-2008, 01:36 PM

Buy some seeds and grow some killer pot...sell sell sell smoke smoke smoke!!!:Scanlon:

steelyeyed57 · 09-19-2008, 02:01 PM

Farmland can be a great investment.

steelyeyed57 · 09-19-2008, 02:02 PM

and yes, I sell farmland.

Silock · 09-19-2008, 02:04 PM

Quote:

Originally Posted by triple

alarmism. 99%+ of all banks in the united states are fine and well capitalized.

LOL

Yeah, don't take advice from this guy.

PastorMikH · 09-19-2008, 02:06 PM

My retirement contributions are currently going into Hartford's Capital Appreciation 2 fund (HCTAX). It is really low right now - 11.4ish yesterday but it hasn't done any worse than our other investments, and at times has done a bit better. It was started just a few years back when Hartford's Capitol Appreciation fund (ITHAX) capped out with the same approach that took that fund from $10-$12 a share up to the mid $40s a share in about 11 years, 'course then everything started falling. Before everything went downhill, both funds were averaging close to 20% a year growth.

I was thinking tuesday that I wished I had a couple grand to put into AIG. If I had, right now I'd be standing on 3x the $.

**TrebMaxx** · 09-19-2008, 02:06 PM

Quote:

Originally Posted by biggunns

Buy some seeds and grow some killer pot...sell sell sell smoke smoke smoke!!!:Scanlon:

It would be too hard not burn the profits!

PastorMikH · 09-19-2008, 02:06 PM

Quote:

Originally Posted by steelyeyed57

Farmland can be a great investment.

I hear they aren't making any more of it.

steelyeyed57 · 09-19-2008, 02:15 PM

Quote:

Originally Posted by PastorMikH

I hear they aren't making any more of it.

Not completely true, it's quite fascinating, they take a little Rainforest, and throw in a Caterpillar, and voila, more farmland.

DISCLAIMER: I do not support the destruction of our planet's rainforest. So land stays in demand... I mean because of the trees and animals.

Fairplay · 09-19-2008, 02:17 PM

A bankrupt goverment taking over huge bankrupt corporations.

That should make us sleep well at night.

jidar · 09-19-2008, 02:22 PM

Quote:

Originally Posted by PastorMikH

My retirement contributions are currently going into Hartford's Capital Appreciation 2 fund (HCTAX). It is really low right now - 11.4ish yesterday but it hasn't done any worse than our other investments, and at times has done a bit better. It was started just a few years back when Hartford's Capitol Appreciation fund (ITHAX) capped out with the same approach that took that fund from $10-$12 a share up to the mid $40s a share in about 11 years, 'course then everything started falling. Before everything went downhill, both funds were averaging close to 20% a year growth.

I was thinking tuesday that I wished I had a couple grand to put into AIG. If I had, right now I'd be standing on 3x the $.

So that makes you hopeful then?

With what we're learning right now about how the markets have been operating, a fund that was doing exceptionally well since about 1999 is probably more something you would want to stay away from as opposed to join up. If they were doing 20% a year then they were doing it by being heavily into all of these bad investments that made tons of not-real money and are now causing financial institutions to fall like a house of cards.

Fairplay · 09-19-2008, 02:36 PM

Quote:

Originally Posted by jidar

If they were doing 20% a year then they were doing it by being heavily into all of these bad investments that made tons of not-real money and are now causing financial institutions to fall like a house of cards.

Havn't you heard?

Triple in post #18 said and i quote "99%+ of all banks in the united states are fine and well capitalized."

I need some rose colored glasses. Or a hit off his bong.

Stewie · 09-19-2008, 02:36 PM

Let's look at a little recent history for investment purposes.

If, in 2000 you invested $10,000:

The DOW: You'd have about $9,500 adjusting for inflation and fees.

The Nasdaq: You'd have about $4600 adjusting for inflation and fees.

Invest at your own risk. And do your own due diligence. Don't rely on what anyone else tells you. IT'S YOUR MONEY! Take care of it.

Molitoth · 09-19-2008, 02:40 PM

Go watch Boiler Room. Be careful.

09-19-2008, 10:37 AM
TrebMaxx Supporter Join Date: Nov 2005 Location: Peoples Republic of CoMo Casino cash: $-2202748	The Financial Markets Just wondering if there are any financial gurus out in Chiefs land. I just recently inherited a modest sum of money and with the markets going crazy like they are right now I am not sure what to do with it. I will be seeing a financial adviser, but thought it would be interesting to see what others think. Throw out your best opinions on what you would do if in my shoes.
Posts: 4,451

09-19-2008, 01:36 PM	#33
biggunns Starter Join Date: Oct 2007 Location: Laplata Mo Casino cash: $10004900	Buy some seeds and grow some killer pot...sell sell sell smoke smoke smoke!!!:Scanlon:
Posts: 81

09-19-2008, 02:01 PM	#34
steelyeyed57 Starter Join Date: Oct 2005 Location: Lenox, Iowa Casino cash: $-2115746	Farmland can be a great investment.
Posts: 191

09-19-2008, 02:02 PM	#35
steelyeyed57 Starter Join Date: Oct 2005 Location: Lenox, Iowa Casino cash: $-2115746	and yes, I sell farmland.
Posts: 191

09-19-2008, 02:06 PM	#37
PastorMikH Will KC ever be better? Join Date: Nov 2002 Location: Land of Red Dirt & Necks Casino cash: $9905087	My retirement contributions are currently going into Hartford's Capital Appreciation 2 fund (HCTAX). It is really low right now - 11.4ish yesterday but it hasn't done any worse than our other investments, and at times has done a bit better. It was started just a few years back when Hartford's Capitol Appreciation fund (ITHAX) capped out with the same approach that took that fund from $10-$12 a share up to the mid $40s a share in about 11 years, 'course then everything started falling. Before everything went downhill, both funds were averaging close to 20% a year growth. I was thinking tuesday that I wished I had a couple grand to put into AIG. If I had, right now I'd be standing on 3x the $. __________________
Posts: 20,454

09-19-2008, 02:17 PM	#41
Fairplay A certain set of skills Join Date: Dec 2003 Location: texas Casino cash: $10026683 VARSITY	A bankrupt goverment taking over huge bankrupt corporations. That should make us sleep well at night.
Posts: 25,265

09-19-2008, 02:36 PM	#44
Stewie MVP Join Date: Oct 2006 Location: West of the Equator Casino cash: $-1600099	Let's look at a little recent history for investment purposes. If, in 2000 you invested $10,000: The DOW: You'd have about $9,500 adjusting for inflation and fees. The Nasdaq: You'd have about $4600 adjusting for inflation and fees. Invest at your own risk. And do your own due diligence. Don't rely on what anyone else tells you. IT'S YOUR MONEY! Take care of it.
Posts: 13,830

09-19-2008, 02:40 PM	#45
Molitoth Mahomes Fanboi Join Date: Apr 2004 Casino cash: $254969	Go watch Boiler Room. Be careful.
Posts: 20,292