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? |