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Young Entrepreneur Forums » General Internet » General Internet » So Dow Drops Another 300



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Old 02-29-2008, 02:22 PM   #1 (permalink)
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So Dow Drops Another 300

Thoughts? Concerns?
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Old 02-29-2008, 02:26 PM   #2 (permalink)
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Anything new?!

No concerns at all. The economy is cyclical. Up and down, up and down. Down now, up again later. No worries.
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Old 02-29-2008, 02:33 PM   #3 (permalink)
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Quote:
Originally Posted by jmenq2 View Post
Anything new?!

No concerns at all. The economy is cyclical. Up and down, up and down. Down now, up again later. No worries.
I do not agree with no worries. Average income is half of 2001. in global terms. I do not see it going any better in next 5 years. If my kids would be growing up in USA I would worry. I agree Economics theiries says the economy is cyclical but what is happening in US is much more complex. If I were crowd [anywhere] I would worry.

Martin

need help ask ; I am not a genius nor a jerk
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Old 02-29-2008, 09:00 PM   #4 (permalink)
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Jmenq is right, I just hope the dollar doesn't bottom out.
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Old 03-01-2008, 02:09 PM   #5 (permalink)
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I would panic if my FA, whom I spoke with yesterday, told me to make some drastic moves. Yesterday, for me, was a "buy-day".

Also, for fun, check out CGMFX if you want to see a great fund that pulls through. Ken Heebner, guru, works two buildings down from me, the guy is a genious in his investing models. Check the fund out, I got it a little while back and never did me wrong.

Yahoo!

Best

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Last edited by GuyBBY : 03-01-2008 at 02:14 PM.
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