Answers - Stockpickr! Your Source for Stock Ideas

Questions asked and answered by BEACHBUM242

Posts by BEACHBUM242

Q: Am I wrong that it seems like a large percentage Americans would like to see
Wall Street come down and these mostly non investors feel like this would favor
them to see an economic colapse. To bad when it comes to the President we don't
have more to choose from. I'd feel better with a Biden Palin ticket than the
two others.
Asked by beachbum242 - 9 days ago - 8 answers - 72 views
Bookmark this User - Bookmark this question - Report Abuse
A: I think Sara Palin is right for the job of VP. She has the enthusiasm & the experience to
help get our country back on the right track fiscally. She also knows how to help the U.S.
achieve energy independence because she has experience in that area. I think it's
hilarious how many in the media (especially NBC)continue to try to smear her and she just
keeps keepin on. I'm going to give her a chance.

As far as the previous post is concerned, I keep hearing that the U.S. dollar has
bottomed. Well, it sure might look that way technically from a chartists perspective.
However, in my opinion fundamentals have always mattered more than any candlestick pattern
on a chart and the fundamentals for the U.S. dollar stink period. The U.S. overall has a
negative savings rate. We're broke and laden with debt. Most of the world will go on
growing without us because nations like Japan who do have savings will now replace
Americans as the greatest consumers as they unleash their purchasing power on the world.

Best of Luck more
Post your own answer
Q: I was looking at blogs on Market Watch and could not believe that just about
everyone was bitterly opposed to any economic action by the congress. They
seemed like they wanted the worse to happen and seemed happy about the prospect
investors like you and I could loose all of our investments. These are the
people caling their representatives in droves. Am I the only one that believes a
solution to do nouthing is not a option?
Asked by beachbum242 - 11 days ago - 5 answers - 51 views
Bookmark this User - Bookmark this question - Report Abuse
A: If the bill passes look for a temporary rally to last several days maybe a week. Then we
return to a declining market based on a deepening recession.

Several economists feel the final cost to repair the damage will run several trillion
$...

Will be interesting to see if Congress intervenes and in addition to bailing out the
automakers, bailing out the homebuilders, airlines and other sectors in economic distress.
If this occurs, our markets and capitalism will be for naught. more
Post your own answer
Q: Lets just face it the majority of the house both dem. and rep. are morons.
Politics is way more important than the nations economy. I just don't know why
we couldn't assemble the most respected financial experts to come up with a
solution that would be in the best interest of everyone in the country. Explain
it to the country if possible so even the people on the Leno show that couldn't
find the US on a world map could understand it. Have a straight up or down vote
so everyone will know who screwed them after they loose most of what they have
worked for and may still need to eat. I guarantee those who we put in office
want skip a beat. Both parties that put politics first should be voted out of
office. Nancy Pelosi sounds like a pet Parrot saying over and over everthing
Bush's fault.
Asked by beachbum242 - 12 days ago - 6 answers - 34 views
Bookmark this User - Bookmark this question - Report Abuse
A: Since Bill and Barack got elected because of their silver tongues maybe they could have
presented what Paulson and Bernanke had to say better. Doesn't take a lot of intelligence
to be a great speaker. more
Post your own answer
Q: After listening to some different republicans on the different news channels,
I'm getting the feeling that the democrats may not get the vote they want from
republicans tomorrow and this may still not be a done deal since the dems want
go for it unless at least half the republicans do. What do you think?
Asked by beachbum242 - 13 days ago - 5 answers - 45 views
Bookmark this User - Bookmark this question - Report Abuse
A: the deal has gotten done, whether people liked it or not more
Post your own answer
Q: Its amazing to me all the so called leading economist that say this bail out
should not be done. I'm no economist but common sense tells me this deal can be
done without the tax payer being screwed. To late now but what if Paulson had
called in leading economist both republican and democrat and nailed down what
would be best for the country as a whole and left the politicians out of the
plan especially during an election year. Bush then presents the plan they come
up with from some of the smartest economist out there for a straight up or down
vote. Then you would know exactly who to kick out of office.
Just me but what Cramer had to say about upping the FDIC insurance is a no
brain-er. You would think even the dumbest of our elected reps. would see this.
Asked by beachbum242 - 14 days ago - 2 answers - 72 views
Bookmark this User - Bookmark this question - Report Abuse
A: The below should be known with regards to FDIC deposit insurance program. While
it's TRUE, that not a single person has ever lost a secured deposit in the U.S.
banking system.

What you dint hear them or anyone else saying aloud is >>>>There is (((NO set
maximum amount time or deadline))) that the FDIC has to make good on the return
of your money, if the FDIC should be rendered insolvent and overwhelmed.

They could put the return on your money on a payment schedule ( $100 bucks a
week for the rest of your life) if they choose to do so. Cramer should have
noted this in his speech about the FDIC.

steve goff
Asked by π - 37 minutes ago - 2 answers - 13 views
----------------
A: always read the small fine print folks....remember that!

"Historically but not necessarily, insured deposits are available to customers of a
failed
bank within just a few days. Since the start of the FDIC in 1933, no depositor has ever
lost a penny of insured deposits." more
Post your own answer
Q: This maybe a dumb question,but how does it hurt the average citizen or investor
if someone making over 250000 has to pay more taxes? Hell I'd love to have to
pay the taxes.
Asked by beachbum242 - 19 days ago - 8 answers - 122 views
Bookmark this User - Bookmark this question - Report Abuse
A: You could be making a million and due to circumstances or your living style not feel good
about your situation. Believe it or not there a lot of Republicans that think 250 a year
is rich. I don't claim to be either one. Don't expect a lot of sympathy from the great
majority that don't make close to 250,000 and work as hard or harder than you. Wait till
you retire and watch your investments disappear while the heads of our financial
institutions go away with more money than you could spend in 10 life times. What our
financial intitutions have done is organized crime at its best and now we all have to pay
a price unless you are in the family of the elite that run our financial institutions. more
Post your own answer
Q: Big Papa, Who's the other firm?
Asked by beachbum242 - 20 days ago - 1 answers - 18 views
Bookmark this User - Bookmark this question - Report Abuse
A: Edelman Financial. They use institutional funds and ETFs. more
Post your own answer
Q: Jim,Pickr's
Does anyone have any experience or opinions on Fisher Investments?
Asked by beachbum242 - 20 days ago - 1 answers - 21 views
Bookmark this User - Bookmark this question - Report Abuse
A: I have no direct experience with them, but Fisher is a smart guy and is probably worth the
money you would pay the firm for their services. I believe they require a minimum of
$500,000.

His basic strategy is to pick your index and model your portfolio after your index, making
bets along the way. Obviously this is the Reader's Digest version.

If I were going to turn my money over to someone, Fisher is one of two firms I would
consider. more
Post your own answer
Q: If this wasn't Cramers best show it ranks right up there. I give him heck
sometimes, but he gets props tonight for making me not feel like a complete
fool.
Asked by beachbum242 - 1 months ago - 1 answers - 36 views
Bookmark this User - Bookmark this question - Report Abuse
A: the lobster falling out of the Fed Ex box was funny as hell..lol more
Post your own answer
Q: How do we invest in a system a corrupt as ours where hedge funds and special
interest set market prices? Where we pay CEO'S of our financial institutions
huge salaries to screw us and then give them a huge severance package for a job
well done. These guys are no different than the Enron crooks. A system that says
when you buy a house and a year later when its worth less than what you paid its
OK to walk away. Some of the comments I've heard from Cramer seem to say he
thanks its OK to walk away. How disappointing. Saving Fannie,Freddie and Bear
was an abomination but I understand why, but I'm afraid its just a delaying
tactic on what could happen. I guess that's what we would call capitulation or
just flat ass broke. What say you?
Asked by beachbum242 - 1 months ago - 12 answers - 166 views
Bookmark this User - Bookmark this question - Report Abuse
A: whether the system is fair or unfair, just learn how to profit from it. seem sit's still
not too late to profit from it by going short. more
Post your own answer
- Previous
- 1
- 2
- Next

Didn't see the answer you were looking for?
Post a new question for Stockpickr’s Community.

Please be advised that the answers provided by any member of TheStreet.com or Stockpickr community represents his or her own opinions, and that none of TheStreet.com, Stockpickr or James Cramer will assess, verify or guarantee the suitability or profitability of any particular investment. You should not rely solely upon information provided on this page for purposes of transacting securities or other investments. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment.
Please report any violations of the TOS to StockpickrSupport@thestreet.com