The Mudcat Café TM
Thread #114989 Message #2459443
Posted By: John on the Sunset Coast
07-Oct-08 - 01:53 PM
Thread Name: BS: best explanation of what happened yet
Subject: RE: BS: best explanation of what happened yet
"I see the airplane as your money going down down down" I agree it's a horrible metaphor for what is going on now...although I don't believe that was their intention.
I listened to the archive of that program, and it truly is frightening.
My strategy, is just to use short term CDs at the highest interest rate I can find until there seems to be a turnaround, or there is at least some stability . I have sold nothing, but I'm not buying anything new. My financial advisor is pulling his hair out, but that's all I'm comfortable with right now.