[Rhodes22-list] Investing

[pdgrand at nospam.wmis.net]

Brad, Wally,

Buy now.  Essentially, everything is on sale.

http://articles.moneycentral.msn.com/learn-how-to-invest/when-to-start-investing-now.aspx#pageTopAnchor

Paul

> Wally,
>
> Yeah, I'm along for the ride, no reason to lock in losses now. I don't
> mind losing my own money, but, I'm the unpaid adviser for a half-dozen
> immigrants who rely on my advice and trying to explain to them what
> happened, why it happened, and why they shouldn't worry in the long
> run has been a tough sell.
>
> On the bright side, commodity prices are falling rapidly, including
> crude oil.  I hauled an old high-production highway concrete breaker
> from Illinois to the Gulf Coast that needed extensive repairs.  Scrap
> iron prices got so high we cut it up in pieces and sold it rather than
> restore it to service.
>
> Brad
>
>
>
> On Mon, Oct 20, 2008 at 7:30 AM, TN Rhodey <tnrhodey at gmail.com> wrote:
>> Please look into your crystal ball and tell me what to do next with my
>> investments using your "perfect" information.
>>
>> Brad, I wish I knew. Being employed in mortgage banking while this
>> happened
>> gave me a front row seat. The investment side of the industry did not
>> see
>> this coming. Those close to the street knew it was just a matter of
>> time. I
>> never claimed to be a financial guru and have the holdings to prove it!
>> :-)
>>
>> I only knew to pull it out of the market and buy a boat load of
>> staggered
>> CDs all over 5%. I have a few months before the first one needs to roll.
>> I
>> have no idea what to do.
>> Fair Winds,
>>
>> Wally
>> __________________________________________________
>> To subscribe/unsubscribe or for help with using the mailing list go to
>> http://www.rhodes22.org/list
>> __________________________________________________
>>
> __________________________________________________
> To subscribe/unsubscribe or for help with using the mailing list go to
> http://www.rhodes22.org/list
> __________________________________________________
>
>