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-   -   The Dow got HAMMERED (https://www.cotep.org/forum/showthread.php?t=11593)

pony up 08-25-2015 05:09 PM

I think this is the fourth time over the years I have gotten out probably a little early and have missed a little of the last up and all of the down...so far. More chicken shyt than knowledge beyond, "I do not know why the market is this high and cannot justify any more pie in the sky." The down side is that there is no where else to put $ that pays better than in the mattress when the market is falling....so flex annuities that share some growth and shield loss. Takes the cream off the milk in exchange for missing the down hill thrill ride. The Fed has destroyed the dollar with their Obama printing press and when the stimulation Stock Mkt bubble burst occurs, as it must, there is nothing left. What is the fed going to do next... already the interest earned rate is near zero. Good job with the economy folks. My investment advise ...buy potato donuts in Portland, Maine. nanner

DrHenley 08-25-2015 07:10 PM

Quote:

Originally Posted by pony up (Post 117179)
What is the fed going to do next... already the interest earned rate is near zero.

Negative interest rates? I just noticed my bank started charging me a service charge on my savings account, so I'm already earning negative interest. Gotta close that account...

http://www.cotep.org/forum/picture.p...pictureid=1046

pitor 08-27-2015 07:35 PM

When I read the thread title I thought our resident doughnut boy was hammering doughnut dough.


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