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Whoever wins will will go broke in 10 years with negative equity. Majority of Americans are Financially stupid, Thats why most Americans struggle financially even with decent paying jobs.

All they had to do is ask Madoff who he cleared his trades with, go to whoever that was and asked for trade confirmations to match his statements. It is not rocket science, its a basic question I suspect the SEC chose not to do so.

http://www.cnbc.com/id/46877251 Looks like they need liquidity and want to dump a large position in Gold. Think about it if Gold is such a bargain why would GS tell the world this secret and drive the price up when they can buy cheap as they claim quietly without moving the markets.

But so what. Think about it, all people did was borrow on equity and go into even more debt. If the Average wage is 40K and the average home drops to 75-90K this means the Average Joe will have much less of their income going into a mortgage service money sink. Instead now with a...

I got lucky. I was part of the Generation that could get good paying jobs without requiring a college degree. (and good paying jobs were plentiful as well) You still can't seem to answer the simple question. Whats wrong with housing correcting to cheap prices.

http://money.cnn.com/2012/03/27/real_estate/home-prices/index.htm?hpt=hp_t1 House prices dropping seem good for the economy. If Wages are stagnant, and young adults are now saddled with 80K college loans in addition to stagnant wages, house prices should drop. Home prices need to reach...

Most hedge funds underperform the S&P and have higher fees/costs. Why would I want to emulate that?

I stick to SPY. Why expose yourself to single stock risk. Diamond Foods is a good example. RIMM also etc..

What happens if the stock announces after hours big news and its up 30% the next day opening? The naked call is SUPER dangerous. I would not do that.

I thought the commercial was funny. Don't see what the big deal is.

I am reading on stuff like Margin risk etc.. http://www.hoffmantrading.com/2011/12/choosing-a-managed-futures-program/ Any good books. Currently my Margin to equity ratio is 9.7% which seems to be the optimal level. I stressed tested my portfolio. S&P would have to drop 82% before I...

Not even Fox which hates Obama. Fox is busy reporting on Obamas wife eating habits instead of real news like the Corzine/Obama situation.

I remember in the 1980s You went to Paris, London, Amsterdam etc.. and the people were natives of the country. And you felt like you were in different countries. Go now and what a difference time makes. It is like they opened up the floodgates and invited them all in. It seems little by...

You really need 50K to start if you want to day trade.

Lots of rumors coming in regarding a coup in China, any real facts regarding these rumors?

http://www.cnn.com/2012/03/20/travel/airport-toddler-video/index.html?hpt=hp_t3 You know to prevent terrorists from killing us.

Why would I want to loan for 30 years vs 10 for such a small difference?

In 1968 a 20inch color TV cost 377 dollars, which is $2,466.35 in todays money. but you can buy one for 158 bucks now http://www.usinflationcalculator.com/ Pajamas in 1969 was 3.49 which is 22.83 in todays money 4.49 seagrams gin 1 quart, 29.37 today ground chuck 69 cents a pound =...

10 is 2.27 and 30 is only 3.39 Thats only a 112 basis point spread. Why is that happening and is it sustainable?

But the 10B does not go into shareholders pocket. Its a backdoor payment for insiders because Apple stated that the 10B will just be used to neutralize stock dilution due to issuance of stocks to top insiders. You only get the dividend.