Global Meltdown is Over. Now is time to make Money.

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Real estate will always be a valuable asset. Relinquishing control of real property even in these times is an easy way to go broke.

There's nothing wrong with real estate. It's just that when an economic meltdown is executed according to plan, people happen to get burned

HMMM... It maybe over for you but my company is looking at bankruptcy(GM). If it goes every union job affects 7 nonunion jobs in the area. Since GM employs 3 million people, it will effect 21 million.

Please tell me how im can prosper in that market?

I've said a prayer for you, the company, those facing job loss and those who have lost their jobs already. My father works for a GM company currently and I can see the worry there as well. He's a good man, always works hard, honest, full of integrity and a loyal American. When we've done all we can, we can still pray.

"Let love and faithfulness never leave you;
bind them around your neck,
write them on the tablet of your heart.

Trust in the LORD with all your heart
and lean not on your own understanding;

in all your ways acknowledge him,
and he will make your paths straight." - Proverbs 3:3-6


[edit on 11-3-2009 by saint4God]

Apparently, you probably haven't taken a look a Gerald Celente at trends research... Citigroup is trying to cover-up their losses.

In my town, we have a citibank and some of the eating places that take checks have stopped doing business with citibank.

Bad News- This is going deeper and you haven't seen nothing yet!
Good News- I have no doubt on that we will survive martial law and defeat, destroy, and replace the New World Order with a government that takes the U.S. Constitution and makes it do "weight-training" to make it even more powerful to the point that corporate interests can't override it unless the citizens really want it. Besides, we have Chuck Norris!

Did you know that money were created when the Universe was created ? They are a form of energy and cannot disapear or be created out of nothing, they just transform. You go ahead and try to get some. I'll play God and create some

My plan is to get people to ask : "so where do money come from ? who creates them ? why do some have power to create money ? who are they ? how did they get this power ? who allowed them to keep this power ? who watches them to make sure they use this power for the people ?"

But most are happy with the first explanation. Money just "are". "Money creation" = conspiracy theory.



[edit on 11-3-2009 by pai mei]

Maybe it wouldnt be much difference for the average investor but it would prevent hedge funds from pushing the stocks down by shorting, shorting, and shorting the stock again.


I think it would of helped the financial stocks quite a bit. uptick rule leveling playing field

reply to post by guinnessford

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No, I believed you, I just thought it was really funny to mention it at this time. I was actually at a carnival where one of the cages flew off of the "zipper" killing one occupant, and severly maiming the other.

reply to post by rattan1

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My my, you are pretty optimistic for a one day rally.

There is NO indication that we are in the starting stages of a prolonged recovery, NONE. For a rally to happen there must be solid indications that things have bottomed or at least slowed their descent. All it would take is for GM to declare bankruptcy and your so called "rally" is just a big breath before a cliff dive. The amount of people on the bubble with their jobs and houses are still growing, not shrinking and lending is never going to go back to the way it was, so spending will never be at the levels we have previously seen. The markets haven't corrected themselves to appropriate levels and the government manipulation of this correction isn't helping matters. The stimulus package is not the answer, it's more spending (DEBT), without enough immediate job creation and will be piggybacked by more taxes just as a recovery starts in out 9-16 months. Ask yourself this question: How much Money will the stimuls Bill actually bring to your Family? Really, you should try this.

We are in for a long, tough road ahead. Unless for a war or a major technology breakthrough, things are going to immediately change for the better.

And that's without talking about all the Credit Default Swaps and Derivatives........ those will just make your head hurt.

Sorry to be the bubble burster.

Who is gullible to believe that this is over? How can anyone belive that? Citigroup is advertising big time for new business cause they are BROKE. Whoever started this thread is in for a rude awakening.

[

In my town, we have a citibank and some of the eating places that take checks have stopped doing business with citibank.

I liken Citigroup's announcement to the infamous 'peace in our time' document that Chamberlain returned to England with after his meeting with Hitler.

I suspect that same whirlwind now that arrived shortly after that declaration of peace..

It's all lies.

Give them more money, everything's going up now, you'll be fine. Yeah right!! Their trying to pump up the markets again and then the Rich will pull out, Crisis is coming, unrest is coming. It's the bankers lining their pockets before it all comes crashing down, MSM plays right into it, I think i'm going to puke, Excuse me.

So many of you don't agree with me...... so be it



Many of you here needs a reality check. It is still going to be a bumpy ride on the stock market. The market will go up and Down but overall it will go up and the opportunity for you is to take advance of this bumpy ride to make profits. We are at a turning point guys. As I said many more good news will come.

Many may say that City Group are cheaters....but the fact is before you..the market reacted.

reply to post by rattan1

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if your gonna use the stock market as a measurement of turnaround. The stock market usually has priced in future growth or loss of about 6 to 8 months ahead. So if you are right and the turnaround has occurred in the stock market, theres still 6 to 8 months ahead before the economy catches up.

I think it is time for you to wake up and see the facts. The meltdown that so many of you are still waiting for to happen is never going to happen. Certainly there has been radical changes since last year and there will still be bankruptcies. It is the Turning point.....

reply to post by branty

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Yes you are right there, it might take even a year for the economy to recover.
It is still going to be a bumpy ride.

reply to post by rattan1

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Who's waiting for a meltdown? You know all that money made in the last 10 years? IT'S GONE!

Apart from your disregard of apparently everything that has been going on in the past year, I do have to say kudos for being so optimistic.

Knowing that Citi had the fortune of the USTreasury voluntarily converting a massive ammount of their Billion$ in Preferred stocks
into nothing-paying, diluted value common shares... for a total of 39% of the voting shares of Citi (instead of a quarterly payment of 10% on $45bn
in preferred stocks)
Citi [NYSE: C] certainly feels the 'crisis' is over !!!



but, whisper..... her's what i did today....
i took advice that an:
American based corporation,
that has an international presence,
with products which are not easily supplied by a recent upstart,
can reasonably survive the consumer downturn/ credit freeze/

so i sent $165.oo USD to a DRIP account i have with a major chemical corp.
even though they recently cut the quarterly dividend to .15 cents from .42 cents
and the stock is down close to 80%
now....thats having either faith in the company or is a gamblers machismo

but for a piddly $165. i say what-the-hey, that chump change isn't going to make me or break me... we'll see what next investment Quarter brings... or at least before June 27th, the deadline for ex-dividend ownership

I still can't believe that some of you are still waiting for Martial Law to Happen. It was supposed to have happened since November Last year and till now nothing. Time to Wake up for some you