Comments on: I’m Going Long Right Now http://wallstreetpit.com/625-im-going-long-right-now Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: cgaros http://wallstreetpit.com/625-im-going-long-right-now#comment-3209 cgaros Thu, 09 Oct 2008 06:51:23 +0000 http://wallstreetpit.com/?p=625#comment-3209 Mongbat: Of course you're a troll, but I'll point out how wrong you are in case anyone else comes across your post. Mark said "unless you know a company and industry". I would add "and have a long time frame and tolerance for risk". Someone who knows what they're doing should invest in stocks - that's why a huge portion of the post is about stocks. Most people don't know what they're doing - that's why CDs exist. CDs almost always yield better than Treasuries of comparable maturities, and for small investors (under 100k in one bank) they're roughly as safe. Any return beats the microscopic cash savings return. We now know that investing in Dow Jones components (AIG), government-sponsored companies (FNM/FRE) and Wall Street stalwarts (BSC, LEH) can lead to losing approximately all your money. On the other hand, FDIC-insured CDs have never lost anyone any chunk of their principal and have almost always paid bank-guaranteed interest. Mongbat: Of course you’re a troll, but I’ll point out how wrong you are in case anyone else comes across your post. Mark said “unless you know a company and industry”. I would add “and have a long time frame and tolerance for risk”. Someone who knows what they’re doing should invest in stocks – that’s why a huge portion of the post is about stocks. Most people don’t know what they’re doing – that’s why CDs exist.

CDs almost always yield better than Treasuries of comparable maturities, and for small investors (under 100k in one bank) they’re roughly as safe. Any return beats the microscopic cash savings return. We now know that investing in Dow Jones components (AIG), government-sponsored companies (FNM/FRE) and Wall Street stalwarts (BSC, LEH) can lead to losing approximately all your money. On the other hand, FDIC-insured CDs have never lost anyone any chunk of their principal and have almost always paid bank-guaranteed interest.

]]> By: Mongbat http://wallstreetpit.com/625-im-going-long-right-now#comment-3207 Mongbat Thu, 09 Oct 2008 05:07:39 +0000 http://wallstreetpit.com/?p=625#comment-3207 Buy a CD. CD's being the sucker's bet of fixed income since time immemorial. I'm sure you'll be thrilled with a real return of -3% on that money, Mark. Sound advice. Buy a CD. CD’s being the sucker’s bet of fixed income since time immemorial. I’m sure you’ll be thrilled with a real return of -3% on that money, Mark. Sound advice.

]]> By: DaveinHackensack http://wallstreetpit.com/625-im-going-long-right-now#comment-3206 DaveinHackensack Thu, 09 Oct 2008 03:56:55 +0000 http://wallstreetpit.com/?p=625#comment-3206 Mark, Any chance you'll look at royalty trusts as well? There are some healthy dividends there too, though they can fluctuate with commodity prices and production rates of course. Mark,

Any chance you’ll look at royalty trusts as well? There are some healthy dividends there too, though they can fluctuate with commodity prices and production rates of course.

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