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I'm at the coffee shop this morning. There are normally 10-12 people in here. This morning are 30-40, people are saying things like 'revolt' and 'revolution', one man has just said, "This is what will get it started! They aren't listening to us! What other choice have we got?"
There are 40 people here and everyone of them has anger for the Congress and President on their lips.
Originally posted by Vitchilo
Go to your local coffee shop and report what your hearing.
From one of my friends in the US :
I'm at the coffee shop this morning. There are normally 10-12 people in here. This morning are 30-40, people are saying things like 'revolt' and 'revolution', one man has just said, "This is what will get it started! They aren't listening to us! What other choice have we got?"
There are 40 people here and everyone of them has anger for the Congress and President on their lips.
Anyone interested in REAL ACTION for once and not just wasting time on internet??
[edit on 22-3-2010 by Vitchilo]
Originally posted by Cabaret Voltaire
I'll tell you REAL ACTION. Sell all of your stocks and withdraw the money from your brokerage. Totally liquidate your individual stock holdings, your 401K, your mutual funds, whatever. Dump it all. Take the money and run. Don't leave it in your broker's cash fund either. Pull it all. Pull it out and deposit it into as many local state banks as necessary to remain fully insured. Split it all up and deposit it into 50 bank accounts if needed.
Originally posted by Bhadhidar
Cash in all your stocks, close out your 401k's and your retirement funds and you'll be setting yourself up for a MASSIVE tax liability for 2010!
Especially if you happen to be under 59 1/2 years old.
Keep your wits about you.
Originally posted by Cabaret Voltaire
I'll tell you REAL ACTION. Sell all of your stocks and withdraw the money from your brokerage. Totally liquidate your individual stock holdings, your 401K, your mutual funds, whatever. Dump it all. Take the money and run. Don't leave it in your broker's cash fund either. Pull it all. Pull it out and deposit it into as many local state banks as necessary to remain fully insured. Split it all up and deposit it into 50 bank accounts if needed.
Originally posted by Cabaret Voltaire
I'll tell you REAL ACTION. Sell all of your stocks and withdraw the money from your brokerage. Totally liquidate your individual stock holdings, your 401K, your mutual funds, whatever. Dump it all. Take the money and run. Don't leave it in your broker's cash fund either. Pull it all. Pull it out and deposit it into as many local state banks as necessary to remain fully insured. Split it all up and deposit it into 50 bank accounts if needed.
Originally posted by GreenBicMan
Originally posted by Cabaret Voltaire
I'll tell you REAL ACTION. Sell all of your stocks and withdraw the money from your brokerage. Totally liquidate your individual stock holdings, your 401K, your mutual funds, whatever. Dump it all. Take the money and run. Don't leave it in your broker's cash fund either. Pull it all. Pull it out and deposit it into as many local state banks as necessary to remain fully insured. Split it all up and deposit it into 50 bank accounts if needed.
This is pretty terrible advice CV.
What about the tax burden you will endure for this?
Def. not worth it especially in a bull market.
Best advice to you would be to dump all your bear ETF's but we have already had that talk.