solarbird: (gun good job)
solarbird ([personal profile] solarbird) wrote2010-07-01 10:19 am
Entry tags:

Okay I have to post this

Okay, retail? Retail is stupid money. HEY, RETAIL INVESTORS ACTING LIKE THIS! YEAH, YOU. YOU'RE THE GUYS THEY RIP OFF. DON'T KNOW WHO THE SUCKER AT THE TABLE IS? THAT MEANS IT'S YOU. I mean damn, people:
NEW YORK (MarketWatch) -- Individual investors increased their holdings of stocks in June ... Investors held 52.9% of assets in stocks and stock funds, up 1.9 percentage points from May and compared to the historical average of 60%, according to a survey by AAII.
If it takes you six months to notice a stock trend? DON'T BE IN STOCKS.

I need some sort of banging-head-against-wall icon.

[identity profile] rmd.livejournal.com 2010-07-01 07:16 pm (UTC)(link)
THE MARKET HAS TO GO UP SOON! I'LL BUY MORE STOCK!

me? i don't want to start fucking around individually with puts and calls, because i know i am the sucker at that table, but i really would like to find a fund that says "we think everything will suck more, and we're going to bet accordingly. COME ON BOARD." because i would be all over that shit.

[identity profile] sarakate.livejournal.com 2010-07-01 07:21 pm (UTC)(link)
God, yes. I'm trying to figure out what to do with 401k money, where the choices are limited -- I'd just be happy with a "here, let us stick this in a box for you so it doesn't lose value" option at this point. All my available choices suck.