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So are we all broker?

The Stupid Jahnny
Posts: 156
Joined: 2008-03-03
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I am feeling the hit in the market. Tonight's dinner: two packets of mustard.

‹ Really Bad Punk NamesI'm going to redecorate my room ›

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PRETENTIOUS EXI...
PRETENTIOUS EXISTENTIAL MACHO's picture
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Joined: 2007-09-14
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serves you right for engaging in speculation

No, but I am sick of the Fed continually cutting interest rates. It means I make less money for doing nothing.


Fri, 03/14/2008 - 11:02pm login or register to post comments

The Stupid Jahnny
The Stupid Jahnny's picture
Posts: 156
Joined: 2008-03-03
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money money money root of all evil

If you have all your money n the bank, you are throwing it away. Might as well set it on fire. You gotta get some of that shit in a slow growing money market account or something. I don't have enough money to invest anymore. When I was younger though, I made a nice amount off the unstoppable growth of Fidelity Magellan. Those were the glory days.


Sat, 03/15/2008 - 10:17am login or register to post comments

hopper2k
Posts: 461
Joined: 2006-08-22
Location: Houston, TX
so we can we expect that

so we can we expect that $300 from Bush??


Sat, 03/15/2008 - 10:48am login or register to post comments

PRETENTIOUS EXI...
PRETENTIOUS EXISTENTIAL MACHO's picture
Posts: 1312
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mmas are getting their rates cut just like everything else dude

It's gone from about a 5% to a 3% average in the last four months. I don't even trust banks. I am thinking about gold ingots.


Sat, 03/15/2008 - 11:05am login or register to post comments

The Stupid Jahnny
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Posts: 156
Joined: 2008-03-03
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I don't understand gold

Why is gold worth anything?


Sat, 03/15/2008 - 12:27pm login or register to post comments

KPunk
KPunk's picture
Posts: 1642
Joined: 2007-03-07
Location: location location
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I'm investing in tulips.
What could go wrong?

--

www.geneva13.com


Sat, 03/15/2008 - 1:25pm login or register to post comments

r.john
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Posts: 3691
Joined: 2006-08-23
Location: Ohio
i am going with CHRIST

http://www.christvertising.com/

this will fix my fortunes.

--

Scumfuck Failure Club


Sat, 03/15/2008 - 3:14pm login or register to post comments

That Rat Nest B...
That Rat Nest Brain Thing's picture
Posts: 1897
Joined: 2006-08-23
Location: CHICAGOISH
Stating the obvious

That seems fake.

Brilliantly fake, though.


Sat, 03/15/2008 - 3:48pm login or register to post comments

KungFuFlipperBaby
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Posts: 1199
Joined: 2007-04-17
Location: USA
Just short the S&P 500 for the next 2 months or so.

You could always put it into a money market account (or cd) in a foreign currency. FDIC insured Forex dabbling is not just for international playboys anymore. In fact it's a great way to do your part and hasten the decline of American decadence and Imperialism by casting a vote of no confidence in the future the US. If you'd put your savings into a mm account in Swiss francs at the beginning of the year, you may have only gotten a 1% APY return, but when you took that shit out, it would've bought you 20% more USD than when you put it in. You could've bought yourself a nice new pair of Nikes and a couple of Frappucinos with the proceeds. My conservative, "socially responsible," well diversified portfolio has currently lost me more money than I made the year before last. PUNK ROCK!


Mon, 03/17/2008 - 7:17am login or register to post comments

PRETENTIOUS EXI...
PRETENTIOUS EXISTENTIAL MACHO's picture
Posts: 1312
Joined: 2007-09-14
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thanks for the tip

I am sure it would make my taxes into more of a nightmare though. The fact that I insist on doing my own taxes explains why I will always be poor.


Mon, 03/17/2008 - 10:03am login or register to post comments

PRETENTIOUS EXI...
PRETENTIOUS EXISTENTIAL MACHO's picture
Posts: 1312
Joined: 2007-09-14
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crap

I forgot about the new image width restrictions.


Mon, 03/17/2008 - 10:45am login or register to post comments

KungFuFlipperBaby
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Posts: 1199
Joined: 2007-04-17
Location: USA
.

Yeah, capital gains and shit on foreign currency accounts would most likely require elite Algebra 2 skills come April 15th. But aside from very illiquid options trading, it's the only way a brother can make a dime in these tough times.


Mon, 03/17/2008 - 11:25am login or register to post comments

PRETENTIOUS EXI...
PRETENTIOUS EXISTENTIAL MACHO's picture
Posts: 1312
Joined: 2007-09-14
Location:
or

You could try to find useful work that helps other people and makes the world a better place.


Mon, 03/17/2008 - 11:30am login or register to post comments

KungFuFlipperBaby
KungFuFlipperBaby's picture
Posts: 1199
Joined: 2007-04-17
Location: USA
I got useful work coming out

I got useful work coming out of my ears. I was just giving advice so you could pursue your own bourgeois fantasees. But really shorting the stock market, and the finacial sector's engaging in the risky lending that has resulted in the credit crunch has had the end effect of the Bush administration nationalizing the banks, so you are one step closer to your socialist paradise, comrade.


Mon, 03/17/2008 - 11:44am login or register to post comments

The Stupid Jahnny
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Posts: 156
Joined: 2008-03-03
Location:
What are the nation's contingency plan

if a president tries to become a dictator? Military coup and martial law like everybody else?


Mon, 03/17/2008 - 12:40pm login or register to post comments

KungFuFlipperBaby
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Posts: 1199
Joined: 2007-04-17
Location: USA
.

The contingency plan is called the 2nd Amendment. And it ain't much of one.


Mon, 03/17/2008 - 12:51pm login or register to post comments

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