Stewart Vs Cramer on Daily Show, march 12.
#38
Hi,

Quote:. . . if you want it only to remain inviolate you sew it into your mattress.
Yeah, and if you're lucky, you'll only lose the 1.5 to 3 percent of recent years' inflation. Go back to the Ford and Carter years, and you could lose money in a mattress almost as fast as in commodities.

Quote:If you only ever want it to increase, you buy very safe AAA municipal bonds or other low yield long term products with guaranteed payouts. When 1% per annum ROI is not enough and if you want to take risks with your money, then you play the stock market, and that includes many of those safe looking mutual funds.
You make it sound as if you should decide how to invest, then put all your money there. Not a bad idea if, like me over most of my life, you didn't much care. In retrospect, if a person really gives a damn, he should figure out a pyramid suitable for his age and condition, and then play that peak for whatever it is worth. As they say in Vegas, you can't win if you don't play.

--Pete


How big was the aquarium in Noah's ark?

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Stewart Vs Cramer on Daily Show, march 12. - by --Pete - 03-20-2009, 04:49 AM

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