Brace yourself! The U.S. Stock Market May "Crash!" - Page 10 - Mercedes-Benz Forum

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post #91 of 111 (permalink) Old 01-23-2008, 08:19 PM
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Now who didn't Nail it? This http://www.benzworld.org/forums/off-...ml#post2711256 was about the most perfect drop in ever!

YouTube - leroy jenkins

Leeroy Jenkins - Wikipedia, the free encyclopedia

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Last edited by Digmenow; 01-23-2008 at 08:23 PM. Reason: Thanks to Kwik SC for Leeroy
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post #92 of 111 (permalink) Old 01-23-2008, 08:24 PM
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^ I am quite proud to announce that I had absolutely no idea who that was before you put the Wikipedia link to him.

But, having read it, you nailed it.
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post #93 of 111 (permalink) Old 01-23-2008, 08:29 PM
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The things we learn on the interwebthingy.

now if only I could follow jay and bear as well as I could follow Leeroy.

Did you watch the whole video? Funny to the end.

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post #94 of 111 (permalink) Old 01-23-2008, 08:32 PM
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^South Park did a ditty on this that was hilarious. Look it up yourself.
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post #95 of 111 (permalink) Old 01-23-2008, 08:35 PM
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Stock market too scary for an amateur like me, even in good times.
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post #96 of 111 (permalink) Old 01-23-2008, 08:36 PM
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Originally Posted by Jayhawk View Post
My Morgan Stanley broker and his team of hedge fund managers came up w/ that asset allocation for me based on what TIAA-CREF funds were available. They didn't say anything about growth potential, but last year their formula produced a 19.8% net return. What it might return this year is anyones guess. It all depends on what the markets do. And so far this year my funds are probably down 2-5%! But if I'm right about the outlook for the year, I expect at least an 8 to 12% return.
That is what I was figuring since we are starting in a hole. It is a good safe balance.

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post #97 of 111 (permalink) Old 01-23-2008, 08:47 PM
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Quote:
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^South Park did a ditty on this that was hilarious. Look it up yourself.
Fuck off.

Oh all right.

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post #98 of 111 (permalink) Old 01-24-2008, 12:58 PM
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This was part of the package announced today...
Subprime loan becomes a federaly insured loan.

"To address the mortgage crisis, the package raises the limit on Federal Housing Administration loans from $362,000 to as high as $729,750 in expensive areas, allowing more subprime mortgage holders to refinance into federally insured loans. To widen the availability of mortgages across the country, it also provides a one-year boost to the cap on loans that Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets."

Tax rebates deal announced - Yahoo! News

Quote:
Originally Posted by mlfun View Post
Banks have the support of the Fed with unlimited funds. Since the moral
hazard question has been answered, the flood gates are open (mostly behind
the scenes). Housing will be rescued one way or another with low interest
rates and assisted refinancing. Election year , Bernanke's reputation ,
Hillary Nationalised Housing etc.
In addition, cheaper housing should lead to lower rents.
The only near certainty is the dollar is going to get it which is another
reason why cash is becoming trash.
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post #99 of 111 (permalink) Old 01-24-2008, 01:05 PM
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I guess it's time that I dust off my mortgage license and start making some $$$
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post #100 of 111 (permalink) Old 01-24-2008, 01:10 PM
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Originally Posted by mlfun View Post
This was part of the package announced today...
Subprime loan becomes a federaly insured loan.

"To address the mortgage crisis, the package raises the limit on Federal Housing Administration loans from $362,000 to as high as $729,750 in expensive areas, allowing more subprime mortgage holders to refinance into federally insured loans. To widen the availability of mortgages across the country, it also provides a one-year boost to the cap on loans that Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets."

Tax rebates deal announced - Yahoo! News
Good to see our tax dollars have assumed the risk of the Financial Sector. Isn't it the STOCKHOLDER who makes good earnings [when the institutions make good corporate decisions] the one who is suppose to hold the risk?

Where are all of our "free market" folks to address that one, please.

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