Monday, January 21, 2008
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About Me
- Shell
- Camden Town, London, United Kingdom
- University of Texas 07 B.S. in Advertising Texas Creative Program I've graduated college and don't know what to do with myself. So, to make it seem more impressive that I have no clue, I'm moving to England.
5 comments:
america was pretty much closed for good this morning . . . the market was down 400 points
then the fed cut rates by 75 points
I heard! Everyone over here is flipping shit! The investors in the city are being criticized fr acting like "chickens with their heads cut off".
'headless chickens in the city' was, I think, the headline I saw.
everyone just has the unfortunate tendency to look only at the short term, because they turn on the TV and all of the analysts are shitting bricks
SELL, SELL, SELL
in order to make the stock market actually work for you, you have to be in it for the long haul . . . for the five year period, the market is still up close to 3% . . . that isn't great by any stretch, but it's not terrible (the norm for a ten year period is up 10%, as a reference) . . . if you're in the market for the long haul, now's the perfect time to search for those great values . . . none of the stocks were over-valued before these huge market slumps, so its a great time to get back into the market while things are low (you're getting a stock thats undervalued because everyone is shitting themselves and selling impulsively)
the real problem is that everything outside of the stock market is so overinflated . . . oil prices are up so drastically compared to a year ago, it's ridiculous . . . and the sub-prime mortgage mess isn't helping anything either
and now heath ledger is dead, which just can't be good for the global economy
seriously
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