"i made you a pension but i losed it"
― Tracer Hand, Wednesday, 16 January 2008 17:17 (sixteen years ago) link
the connection between car part thefts and the commodity bubble
from the linked article:
Handfield says a tightening economy may be spurring the spike in metal thefts. He says Irvine police recently arrested a man stealing metals from construction sites. He was a mortgage banker using his luxury Lexus SUV to haul the loot, Handfield says.
!!!
― Eisbaer, Wednesday, 16 January 2008 18:17 (sixteen years ago) link
Where does a thief even go to sell their ill-gotten scraps of metal?
― Abbott, Wednesday, 16 January 2008 22:55 (sixteen years ago) link
Recycling yards. No questions asked, for the most part.
― nickn, Wednesday, 16 January 2008 22:56 (sixteen years ago) link
http://calculatedrisk.blogspot.com/2008/01/ny-times-education-of-ben-bernanke.html
― El Tomboto, Thursday, 17 January 2008 02:01 (sixteen years ago) link
we gonna die
― Jimmy The Mod Awaits The Return Of His Beloved, Thursday, 17 January 2008 16:44 (sixteen years ago) link
-- Jimmy The Mod Awaits The Return Of His Beloved, Sunday, 13 January 2008 17:19 (4 days ago)
At least you are consistent in your approach.
― Aimless, Thursday, 17 January 2008 19:15 (sixteen years ago) link
http://img2.timeinc.net/ew/dynamic/imgs/040713/165732__robocop_l.jpg
― Nicole, Thursday, 17 January 2008 19:20 (sixteen years ago) link
BLAMMO
― El Tomboto, Friday, 18 January 2008 00:35 (sixteen years ago) link
Well, tomorrow I sell my mutual fund. It made me 80% last year and is now tanking like a barrel full of tanked monkeys.
ILX follow my lead!
― brownie, Friday, 18 January 2008 02:34 (sixteen years ago) link
i'm too wet behind the ear in that dept - i have to ride this bitch out.
― The Cursed Return of the Dastardly Thermo Thinwall, Friday, 18 January 2008 15:11 (sixteen years ago) link
economy is better than ever
― burt_stanton, Friday, 18 January 2008 15:47 (sixteen years ago) link
took a $400+ bath on the 401k this quarter... will be moving to under-the-mattress option later today.
― Dr Morbius, Friday, 18 January 2008 15:50 (sixteen years ago) link
i'm starting to think a savings account is a better investment than either a mutual fund or a house
― Tracer Hand, Sunday, 20 January 2008 17:24 (sixteen years ago) link
savings in which currency?
― Alex in Denver, Sunday, 20 January 2008 17:28 (sixteen years ago) link
good point
― Tracer Hand, Sunday, 20 January 2008 17:31 (sixteen years ago) link
my savings account pays about half of inflation
― Hurting 2, Sunday, 20 January 2008 17:47 (sixteen years ago) link
http://img.photobucket.com/albums/v134/tracerhand/squeezethatmoneybrother.jpg
― Tracer Hand, Monday, 21 January 2008 11:15 (sixteen years ago) link
In the current climate there is no safe haven for your money.
The safest investments will be those which have immediate practical value to you personally: tools, practical clothes and shoes, acquiring a valuable skill - that sort of thing. The perfecta would be a tool that you would use for yourself, is not common, and could conceivably be turned into a small side business to earn a few bucks.
The riskiest will be those where you have no firsthand knowledge or experience, the "Argentinian Railway Bonds are a sure bet" or "the Thai auto industry is going to be the next big thing" kind of investment.
― Aimless, Monday, 21 January 2008 18:33 (sixteen years ago) link
The best investment of all is yourself. Skills
― Alex in Denver, Monday, 21 January 2008 19:36 (sixteen years ago) link
Sometimes a skill is rather forlorn without the tools to make it go.
― Aimless, Monday, 21 January 2008 19:38 (sixteen years ago) link
an interesting chart from our friends at calculated risk:
http://bp1.blogger.com/_pMscxxELHEg/R5TbFlX1msI/AAAAAAAABfk/WCQnqA1I_5A/s1600/SP500MonthlyCloseChange.jpg
― Eisbaer, Monday, 21 January 2008 20:18 (sixteen years ago) link
and for the REALLY antsy ILXors, the same chart from the Great Depression through today:
http://bp0.blogger.com/_pMscxxELHEg/R5TrdVX1mtI/AAAAAAAABfs/vqPdabZ5Or4/s1600/DOWCloseMax.jpg
― Eisbaer, Monday, 21 January 2008 20:19 (sixteen years ago) link
blogspot do not allow hotlinking bro
― El Tomboto, Monday, 21 January 2008 20:21 (sixteen years ago) link
SQUEEZE THAT MONEY BRO
bernanke needs to start saying bro
― El Tomboto, Monday, 21 January 2008 20:22 (sixteen years ago) link
my bad!
Bear Markets and Recessions -- check out the charts.
― Eisbaer, Tuesday, 22 January 2008 00:36 (sixteen years ago) link
at any rate, tomorrow (1/22/08) may be very interesting indeed.
or, if y'all prefer, a visual representation:
http://img71.photobucket.com/albums/v216/spinnerau1/Snopes/Wet_roller_coaster.jpg
― Eisbaer, Tuesday, 22 January 2008 03:33 (sixteen years ago) link
b/c this threads needs some MORE indices to watch plummet in real time:
http://chart.finance.yahoo.com/c/0b/_/_n225
http://chart.finance.yahoo.com/c/0b/_/_hsi
http://chart.finance.yahoo.com/c/0b/_/_ftse
― Eisbaer, Tuesday, 22 January 2008 04:33 (sixteen years ago) link
I love the existence of "stock market futures" -- I think we should start a stock futures futures market so we can get even further ahead of the curve
― Hurting 2, Tuesday, 22 January 2008 04:51 (sixteen years ago) link
mo' futures index porn:
http://ichart.finance.yahoo.com/instrument/1.0/%5EFTSE/chart;range=1d/image;size=239x110
http://ichart.finance.yahoo.com/instrument/1.0/%5EGDAXI/chart;range=1d/image;size=239x110
http://ichart.finance.yahoo.com/instrument/1.0/%5EFCHI/chart;range=1d/image;size=239x110
― Eisbaer, Tuesday, 22 January 2008 05:03 (sixteen years ago) link
I think we should start a stock futures futures market so we can get even further ahead of the curve
until eventually the market foresees its own death and goes on a long drinking binge.
― tipsy mothra, Tuesday, 22 January 2008 07:17 (sixteen years ago) link
stock market futures futures is called "the stock market"
― El Tomboto, Tuesday, 22 January 2008 07:18 (sixteen years ago) link
everyone should strike and invest in paint
― Arms, Tuesday, 22 January 2008 07:20 (sixteen years ago) link
emergency rate cut?
― laxalt, Tuesday, 22 January 2008 09:33 (sixteen years ago) link
Invest in pumpkins now and cash up big in...October?
― King Boy Pato, Tuesday, 22 January 2008 10:34 (sixteen years ago) link
Gosh:
http://www.nytimes.com/aponline/business/AP-Fed-Interest-Rates.html?hp
― toby, Tuesday, 22 January 2008 13:30 (sixteen years ago) link
ok thats INSANE. everyone to the bunkers
― laxalt, Tuesday, 22 January 2008 13:32 (sixteen years ago) link
man the lifeboats!
― laxalt, Tuesday, 22 January 2008 13:34 (sixteen years ago) link
here they come!
http://img62.imageshack.us/img62/853/VRWCBlackHelicopters.jpg
― laxalt, Tuesday, 22 January 2008 13:35 (sixteen years ago) link
-- laxalt, Tuesday, January 22, 2008 9:33 AM (4 hours ago) Bookmark Link
damn, son.
― That one guy that hit it and quit it, Tuesday, 22 January 2008 13:51 (sixteen years ago) link
Alright! Here comes the "petroeuro," £1=$3, massive inflation.
― Dickerson Pike, Tuesday, 22 January 2008 13:59 (sixteen years ago) link
so it's futures all the way down!
― Hurting 2, Tuesday, 22 January 2008 14:02 (sixteen years ago) link
no wonder we're fucked!
the fed reminds me of bubbles from 'the wire' right now.
― That one guy that hit it and quit it, Tuesday, 22 January 2008 14:02 (sixteen years ago) link
By June, Bush's $500 tax rebate will only buy a pack of 'ports and 40 oz of St Ides
― Dickerson Pike, Tuesday, 22 January 2008 14:03 (sixteen years ago) link
http://i12.photobucket.com/albums/a228/mortaljive/Extra%20Images/normal_dr_strangelove.jpg
― Tracer Hand, Tuesday, 22 January 2008 14:34 (sixteen years ago) link
http://ichart.finance.yahoo.com/instrument/1.0/%5EDJI/chart;range=1d/image;size=239x110
― wanko ergo sum, Tuesday, 22 January 2008 14:36 (sixteen years ago) link
you know what fucking kills me is that in every article about a major dip or crash in the stock market, you get reax from various analysts who say things like "well it looks like the fed finally gets it!" or "some feel the fed has been slow to wake up to the deterioration in the stock market" or "brananke has finally decided to stop the bleeding".. as if the panicky traders who have bet long on endless leveraged growth are the smart cookies and the fed is some dopey retarded cousin. you play with matches for a living, you shouldn't insult firefighters.
― Tracer Hand, Tuesday, 22 January 2008 14:44 (sixteen years ago) link
haha "brananke"