…and the idiots run into treasuries which guarantee investors (not sure if you can really call those individuals investors) a loss (Stocks tumble for second day, Treasurys surge; AP).
(Yes, the auditor of the AP report spelled Treasuries wrong but maybe they will fix it…that is what you get when you outsource everything to safe a dollar or two…reputational damage)
Those who believe treasuries offer safety are likely those who also believe that mutual funds are sound investment vehicles and managed by professionals who posses knowledge about equity markets.
Well, you get what you deserve from the markets and as a mutual fund investor you deserve absolutely noting which is what you get on a daily base.
Hey, the world (and your partner) does not expect anything at all from you since mutual fund investors are constant underachievers so at least you will not disappoint them with failure.
The International Beggar, still covered with sand that was thrown in his face, continues to believe that intelligent people listen to the cap dripping out of his mouth as he fails to realize that he is sub-human waste at best and worthless feces at worse (Paulson: crisis happens once or twice in 100 years; AP).
Oh really, where did you pick that one up…Equity Markets for Dummies?
The crisis is only a crisis if you have positioned yourself (if you are a mutual fund investor you have since you live in a disconnected world) to be affected by the current events as if there is a crisis.
What happens right now is normal and far from a crisis, there are more opportunities than investors in the markets right now but those who fail to realize those opportunities call it a crisis…so it is not really a crisis but the idiocy of the individual.
You are responsible for your situation so quit blaming everyone and everything for it…look in the mirror as it will be the only place where you see the core of your problem.
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