Comments on: First fall is not as ugly (yet)

By: Q Diddy

Q Diddy — Fri, 04 Sep 2009 03:58:48 +0000

I see you are not answering my question. That must mean I was right.

By: Q Diddy

Q Diddy — Mon, 10 Aug 2009 17:37:55 +0000

As Buffett has said, “cash is trash.” In 1971 the US went off the gold standard and since then, US currency has lost 80% of its value. Our currency is being seen for what it is, worthless paper which is being inflated on a massive scale by huge government spending.

Why in the world would anyone “divest and go into cash”???

By: pacman

pacman — Thu, 23 Jul 2009 16:15:47 +0000

the stock market is going higher at least in the short term

By: pacman

pacman — Thu, 23 Jul 2009 16:15:43 +0000

the stock market is going higher at least in the short term

By: pacman

pacman — Thu, 23 Jul 2009 16:15:43 +0000

the stock market is going higher at least in the short term

By: Mike Hunt

Mike Hunt — Mon, 06 Jul 2009 14:47:23 +0000

Bulldog has a point that one of the functional definitions of a millionaire is someone who has $1 million in cash or can put that into any investment at anytime. It is a million dollars liquid. Conservatively real estate should be taken out of the mix as should 401k’s although in looser lending times you can borrow off each of these vehicles. Stock options aren’t cash in hand and should not factor into the mix if you are being conservative, again.

I like Frugal’s topics though- keep them coming.

-Mike

By: BuffetFan

BuffetFan — Mon, 06 Jul 2009 13:59:12 +0000

Frugal,

If you’d ever plan a big party event you know how much work that is. So you’re more understanding when you see someone not doing a good a job and you give people a little more credit. In Bulldog Gin’s comment to you, I don’t see the understanding and thus the showing the lack of experience. I also don’t see it adding value to your blog and it doesn’t really show that this person has much knowledge about the market. This person doesn’t know the first thing about asset allocation, when he expects a person to allocation 1 millions dollars in the bank. It’s always easier to complain then to contribute. You’re doing fine, just keep improving your website.

By: Bulldog Gin

Bulldog Gin — Sun, 05 Jul 2009 17:50:29 +0000

Frugal – You spend too much of your time trying to trade the markets. Your viewership would increase, if you blogged about what you know i.e. engineering, and not trying to persuade us about your market savvy.

You’re also right, that your $120K salary is on the low end, esp since you didn’t get a bonus. I made double that at 24-25 years old.

You shouldn’t mislead people about your $1million either. $1 million, is $1million in the bank, and not adding your home equity, your 401k, your employee stock options etc. Get real here.

By: Chris Thatcher

Chris Thatcher — Wed, 01 Jul 2009 19:15:13 +0000

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By: MG

MG — Thu, 25 Jun 2009 19:44:48 +0000

“but I seriously doubt that brief rally can exceed the last high….”

Never underestimate the power of market manipulation or programmed trading. Not recommending that anyone get into this market, which has been highly manipulated to the benefit of insiders,….just sayin’.

By: Dalamar

Dalamar — Wed, 24 Jun 2009 19:35:00 +0000

I sold my miners 3 weeks ago.. glad…

I agree with you, I think that there are chances that a bubble in asian market can be formed and gold will be a good buy as well, what do you think?

By: Mike Hunt

Mike Hunt — Wed, 24 Jun 2009 08:42:08 +0000

Frugal,

Regarding gold – did you see that the IMF is looking to sell their holdings to raise some cash? I believe gold will go lower and that will be a good time to buy.

-Mike

By: Mike Hunt

Mike Hunt — Wed, 24 Jun 2009 08:41:44 +0000

Frugal,

Regarding gold – did you see that the IMF is looking to sell their holdings to raise some cash? I believe gold will go lower and that will be a good time to buy.

-Mike