??? the exit plan is to hold to maturity He has already made that plain as vanilla What planet are you from where you always need everything to end in disaster? They wrote a book about you, it was called "Chicken Little." gosh darn man, it is getting a little old, when ever S2007S shows up he is predicting the end of the world he needs it really bad nobody takes you seriously anymore
mostly, they are musicians, but also had to work as salesman I was the first one who refused to become a salesman I tried, but I failed I'm just not a very good liar Managing money came very natural to me It's just a matter of asset allocation
Like I said, at the Christmas party the boss said, "Do you realize 90% of your commissions were generated from your own account?" But I was good at getting people into the right asset at the right time. Some of them only came to me the first time they couldn't roll over a cd at double digits. I don't charge them any money I charged them enough when I was their broker 6% on some of those Putnam funds
the clients are a lot more normal than you would think. They love their kids and their grandkids, and now even their great great grandchildren. They trust me 100% to manage their money. It's an awesome responsibility
Can you please give us the source of this information? I found nowhere that someone said FED will hold to maturity and stop buying. They spoke about REDUCING purchases,but didn't say WHEN: http://www.thestockmarketwatch.co/biography-fed-qe3-exit-strategy-has-been-set.html At the pace labour market is recovering, they will reach their objective (unenployement=6%) in 2020. Before that I don't think they can reduce their purchases, rather they could be forced to increase them to keep the same effect. Also, can you please explain why you say that "FED's money can be generated as much as needed"? Someone sees some risks: http://www.bloomberg.com/news/2013-...lion-dollar-losses-in-stress-of-qe3-exit.html Thank you
Let's see how this craziness ends! Maybe another financial crisis just like what happened famously in 90s in Japan!
"It suggests the long Gold move might be somewhat of a bubble" it is hard to disagree that the move may have overshot its target or that 40% retracements are unusual. my nagging suspicion about miners has always been that governments will install excess profit taxes on these companies, but at the right price they are an opportunity,