Sr. Financial Mgr: "Very big collapse of all financial mkts"

I work in financial services. No one's got their hair on fire over this market correction. No one.

Darth War_dodger siphoned off $500 billion dollars out of the treasury for the war of profits for friends and family. The bushes have a financial interest in Kellog and Brown Roots, subsiduaries of Halliburton. On top of that the war alienated Europeans, Arabs and Latin Americans so American products have no market in Europe, Middle East nor in Latin America. Only East Asia and military dictatorships offer a market for American goods. The dictatorships buy weapons. I only see an outflow of American money but little inflow into the treasury. American jobs are disappearing hence the mortgage defaults. Darth War_dodger is ruining the US economy.

Give it a rest will ya? Not every thread requires you to post the same drivel repeatedly.

I don't think it's all doom and gloom. There had to be a bit of a correction because things were going a little wild, but the market will rebound.

First of all, summer is ALWAYS the worst time for the stock market.

In the mining sector, exploration and drilling are ongoing, and no drill reports come out until the Fall, so there's always a sag in that market.

I have had some losses in my stock and fund portfolios, but I'm not selling; in fact, I'm buying. This is the time to buy, not sell. Or at least just hang on to what you have.

JMO.

Don't cry when you lose.

I won't lose. Do some research, bucko, or listen to those in the know (ie. market analysts). I've been in this industry for 20+ years and it's always the same.

It is you people who are ripping off investors. Anyway, the Canadian markets isn't that vulnerable to the scams that are played out in the states so you're off course.

I'm with you, Mame. My 401k probably took some losses (haven't checked), but the contributions stay the same. This may turn out to be a bargain for some of us.

If you're in the energy sector, roger, you will be okay if you hang in. It's a commodity that will always be in demand. Energy and metals are the only thing I know, so that's all I invest in, stock-wise. Mutual fund-wise, I like banks

Don't take anything from the Vancouver exchange. There are a lot of scam artists and the BC (British Columbia, Canada) Board that is charge isn't doing its job.

Oh for God's sake! You just have to know what you're doing, you scandal-mongerer, you. You think there are no shysters south of the 49th?

Well, I am employed by an oil and gas well servicing outfit. I'm going to admit I don't know what either of my two funds are in. They are highly international, and pretty much bond free. Our advisor recommends these, and his advice has a good track record.

You gotta go with what you know. If you're comfortable, that's all that matters.