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To: arthurus
thinking they were going to "flip and buy"

Another term for ponzi scheme and manic buying.

Investing for the long term has essentially gone away. It is still done but "day traders" don't trade on matters of actual performance and can tank a company.

2 posted on 10/08/2009 1:18:10 PM PDT by a fool in paradise (There is no truth in the Pravda Media.)
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To: a fool in paradise

The problem is investing in gold has not paid off in 20 years. Essentially no return from 1984-2004.


3 posted on 10/08/2009 1:21:27 PM PDT by Perdogg (Sarah Palin-Jim DeMint 2012 - Liz Cheney for Sec of State - Duncan Hunter SecDef)
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