bloggingbuyouts

Hello,
Let's review some facts. When the stock markets crashed in 1929, it took 27 years for the major indexes (DOW / S&P / NASDEQ) to return to their levels before the crash. We investers have been told to invest in our 401Ks and our IRAs. We have been told to make regular weekly contributions and to leave them alone for the long term. We have been told that this is the best and safest investment a person can make for the long term. Recently, many financial advisors have veered from this script, and they have questioned the validity of this strategy.
Since the market crash of 1929, many regulations have been put in place to protect the viability of the system. The FDIC was created to guarantee savings deposits, and to discourage people from withdrawing large sums of money when a bank's solvency is questioned. Let's review some facts. As of October 2008, FDIC has a current account balance of $50 billion. Americans have a total of more Than $1 trillion in bank savings deposits. There have been many SEC regulations that either delay or halt securities exchange trades if the market becomes to volatile. These regulations have been effective at times. However, in the face of persistent long term pessimism about the US and world economies, these regulations will have zero effect on financial markets. To put this in plain English, confidence or lack of confidence will always trump fundamental structure without exception. There is nothing that any human being on this earth without exception can do at the structural level to affect long term results.
Let's review some of my own personal opinions. I believe people should remove all money from all savings accounts. These accounts are not safe, they never have been safe, and they never will be safe. Individuals should store paper currency securely in their own homes. I believe people should liquidate all securities related assets including but not limited to brokerage accounts, 401Ks and IRAs. These investment strategies are not viable, they have never been viable, and they never will be viable. Individuals should store paper currency securely in their own homes.
We live in a world where fundamental financial structures are being skewed by policy and by level of confidence. In an irrational world there is only one way without exception for an individual to survive. I believe that I have fairly reviewed the facts. I have also given opinion. I believe that I have given individuals sound viable policy to suvive.
Thank You.

I'll offer a shorter post: Yahoo! was dumb not to go along with the move in the beginning.

What are you offering as an alternative to Yahoo! being a standalone but not Microsoft's?

GOOGLE?

The worst customer service on Earth that's not for something made in China and almost as laughable as "The Big 3" in Detroit. The signs are becoming visible for Google already. Search is not a very good product vs. it's version 10 years ago and they have the spending disease. Hurting? Buy more stuff, you'll be happy and work better too!

Wasn't this the theory behind DRUGS? YES!

Keep harping for this Microsoft takeover. Your dream is over, you have bedsheets to change.

Thanks for blogging.

To: GREG ZADELL,
Your critique may be sound and without reason for argument. I do not know all the facts as you have stated them in your comments. Your advise, if implemented by all, would cause a total what --------
Many Firms are now teetering at the brink of the deep end. Some have sunk at this writing. There must be another way out of this. Those measure seem rather drastic. Good Luck ! Money in the home ??? Stay Alert !!!!!!! Very difficult times.

Paper money? *Paper* money? Are you kidding?

Let's review some facts. Paper money burns. Home burns to ground, paper money all gone. It is my personal opinion that all Americans should ask employers to pay their salary in pennies. The fact that I have invested my entire fortune in copper and zinc mining industries is not relevant to this discussion.

to Greg:
Your long diatribe is short on facts and long on speculation. The fact that you mix some truths with wild speculation makes your worthless advice even more dangerous. The internet is truly a place when fools can try to sound wise.