Posted on 03/03/2014 2:15:00 AM PST by expat_panama
Investment & Finance Thread 2014 New Year(Mar. 3 - nexttime edition)
This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here. Open invitation continues always for input on ideas for the thread, this being a joint effort works well. Keywords: financial, WallStreet, stockmarket.
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fwiw, these are the returns on $1,000 since 2010 for various investments: |
Incidentally, the plan is to include here a --
--so let me know if anyone wants on or off this ping. Be advised that it gets posted only when I'm not feeling lazy and remember that we now know from studies that sloth is completely genetic and lazy people are the way they are because they were born that way.
Bottom line is I can be as lazy as I want and society is required to grant me all the privileges that industrious people claim.
Whoa --this morning's futures are like what they were talking about on this related thread --sharp downward (presumably) on Ukraine --or central banks. Some folks call this situation a great short market, others think of it like a 'buying opportunity', imho this looks like the kind of excessive volatility that I try to avoid.
Ruble Weakens as Sanctions Risk Outweighs Surprise Rate Increase
Let's see...
The Ukraine crisis is already over, IMO, and Putin played chess while the Obama/Kerry crowd was playing checkers. In the financial world, it will amount to very little, IMO.
I buying opportunity to purchase stocks that are artificially pumped up with fictitious Federal reserve decimal points moved on computer screens? The market is 53% overvalued based on 10 year averages, and even that does not describe how precarious it really is (factor in debt, a worldwide Depression that we are fooling ourselves about, weak manufacturing, the looming retirement of millions of Baby Boomers, soaring health care costs, and on and on).
Related
Shale-Oil Boom Spurs Refining Binge
Higher U.S. Crude Production Has Valero, Marathon Increasing Capacity
By Ben Lefebvre
March 2, 2014 7:19 p.m. ET
U.S. refiners haven’t built a major new fuel-processing plant since 1976, in part because of environmental regulations. But a flood of oil from Texas, Oklahoma and North Dakota has companies rushing to expand existing plants and build small new processors around the country.
Valero Energy Corp. , Marathon Petroleum Corp. and other refiners are engineering ways to expand fuel-making capacity at their aging plants without the cost of building entirely new refineries to take advantage of the increase in light sweet crude flowing from U.S. wells.
The gasoline, diesel and other fuels they are producing can either be burned in the U.S. or sold around the world because they aren’t subject to the export ban Congress imposed on crude in the early 1970s.
American refiners are set to add at least 400,000 barrels of oil-refining capacity a day to existing plants between now and 2018, according to information compiled by The Wall Street Journal and the consulting firm IHS. That is the fuel-making equivalent of constructing a new, large-scale refinery.
snip
You forgot to put the “Slavery” directional street sign on the post, man.
Also, we need this link, “Why Investors should believe what they are told so they will trade in such a way as to make a profit for the poster of the link.”
Dow futures at -145 now.
I wish I could remember who it was that stated the economy was going to take a HUGE hit on March 4...
Dow futures -150.
Putin?
mho too. As far as I can tell that chapter was closed with the Nov. '12 elections when American voted for a limp-wristed foreign policy. For us I'm thinking that we may be looking at mindless over-reacting on the part of traders.
Dow futures -160.
When nothing happens (as usual), we'll all have a good laugh and 'move on'.
Oops...March 4 was mentioned on another thread.
Ok, finally a little relief. Dow futures -153. Whew. We’re going to survive. ROFL.
Okay, now the Dow futures -147. I can get ready for work and actually go there instead of driving into a tree so my wife can collect my life insurance. :D
Wait, is that 53% and not 52% or 54%? Seriously, here's 120 of stock prices--
--and there're lots of folks that see good reason to believe we're over due for continued growth. My thinking is that for the long term I'm very confident that America will continue to prosper, and for the short term life holds many surprises...
lol --if you want a prediction that's guaranteed it's the fact that today we'll be hearing from tons of pundits saying that they they knew it all along and warned us way back when that today was crash day.
I don’t believe that. I’m retreating into my steel-reinforced concrete bunker and live like a hermit until the world as we know it comes to an end, or I die. Whichever comes first.
All you people who remain active and engaged and choose to participate in Life, and make the best of the situation...
YOU ARE ALL FOOLS!!
/sarc
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