Berkeley CSUA MOTD:Entry 32191
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2025/05/24 [General] UID:1000 Activity:popular
5/24    

2004/7/8-9 [Finance/Investment] UID:32191 Activity:insanely high
7/8     Kind of hard to find good places to invest money these days.
        Where do y'all put your money?
        \_ I like the California Golden State Tobacco backed bonds, paying about
           7.5% tax free. I still think Japan has a ways to go, so I have
           about 10% of my portfolio in EWJ. Calpine is overleveraged, hence
           the CCC bond rating, but I have a bit in 2008 8.5% Calpine bonds,
           trading at 67c/dollar so paying 21%/yr total if they don't go
           bankrupt and probably about even if they do. The rest is sitting
           in WFC and ETFs that are up so I don't want to sell and pay taxes
           and I am mostly happy with them.
        \_ 1. build moneybin 2. buy gold 3. swim in the gold 4. profit!
           http://www.reuters.com/newsArticle.jhtml?type=businessNews&storyID=5621189
        \_ Under my matress and some more under my pillow because you don't
           want to invest everything in the same place.  Diversify your
           portfolio like me and you can't go wrong!
           \_ this joke would have been much more effective if about
              half as long
              \_ Timing, son.  Sheesh.  The first reply was 4 times longer but
                 there's only so much to be said about a pillow.  Next time,
                 I'll just throw a pie and say, "NYARK! NYARK!" 3 stooges
                 style for you.
                 \_ FOAD. -!pp
                    \_ NYARK! NYARK!  *slaps pie in your face*
                       Wow!  You're right!  Your idea of funny is uhm.... yeah!
                       \_ WOOP! WOOP! WOOP! WOOP! WOOP! WOOP! WOOP! WOOP! WOOP!
                          \_ Exactly.  Thanks.
        \_ $200k equity in a $400k house, $100k equity in a $460k house, $200k
           in 401(k), $30k in one pharmacy stock. $30k in money market and
           checking acct.  This is my wife and I combined.
           \_ Awful lot in the one stock. I'd suggest diversifing. But you seem
              to be doing fine, so what do I know.
              \_ Yeah, I know it's too much in one stock.  But I'm just too
                 lazy to "re-balance" or "re-distribute" or whatever the pros
                 call it.
                 \_ Just call your broker and say "Move $X-thousand from
                    DrugCo into an S&P500 index fund."
           \_ What is your 401k money in?
2025/05/24 [General] UID:1000 Activity:popular
5/24    

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Cache (566 bytes)
www.reuters.com/newsArticle.jhtml?type=businessNews&storyID=5621189
MORE NEW YORK (Reuters) - COMEX gold surged to a 12-week high Thursday morning as commodity funds continued to buy amid worries about the dollar and recent data suggesting US economic growth may be coming off the boil. "It's the funds that are back in here," said a chief dealer at a bullion trading firm. "As long as this dollar stays surprisingly weak, I think this is going to continue to be bid." Though a ways off still, April's 15-year peak at $433 is bound to be the next object of market discussion. Thin summer trading conditions are exacerbating the moves.