MichaelC 160 Report post Posted January 16, 2008 Are we at the point yet where I should be considering taking to a cave in Kentucky with a rifle and some freeze dried provisions?JP Morgan taking it on the chin and Citigroup is even worse. Share this post Link to post Share on other sites
-Tony- 0 Report post Posted January 16, 2008 Good thing I live on the other side of the river....you know da Nile river..... Share this post Link to post Share on other sites
CS1977 0 Report post Posted January 19, 2008 I'm with you Tony! We went out with the in laws tonight for dinner and my father in law was dooming and glooming all over the place. I tuned him out! They were also trying to sway me from real estate and into stocks. Ai yi yi, no thanks! Good thing I live on the other side of the river....you know da Nile river..... Share this post Link to post Share on other sites
MichaelC 160 Report post Posted January 19, 2008 . . .They were also trying to sway me from real estate and into stocks. Ai yi yi, no thanks!The stock market? Your father-in-law must be a stock broker or he doesn't like you, Christine. The DJIA returned a whopping 6.4% in '07. The S&P 500 Index even worse with a 3.5% return. And those figures are gross, before the average Joe pays all the brokerage fees and commissions. Unless someone is an expert stock picker, the market is not the place to park your money these days. Share this post Link to post Share on other sites
