Comments for Money Morning

Comment on It’s Time to Invest in Canada by eslanda

eslanda — Fri, 19 Mar 2010 14:34:57 +0000

I would like to know how to purchase shares of those promising Canadian companies. I am an old investor, but mostly in mutual funds. I call the mutual fund co. and buy shares, and hold to them. I also have an income-oriented portfolio of various products: preferreds, mutuals, bonds, notes etc. with Merrill Lynch. I know I can call my broker at ML and ask him to purchase those Canada equities, but I’d rather learn how to do it myself, for obvious reasons (not to pay commition, not to depend on the broker accessibility). Please, respond. I’ll appreciate your advice. It will not be an investment advice, but how-to instructions. Eslanda

Comment on With this Bear-Market Insurance, You Can Keep Riding the Bull by Irwin Margolies

Irwin Margolies — Fri, 19 Mar 2010 14:12:51 +0000

Your bear market insurance strategy is a good strategy, however, the strike prices you are selecting leave alot missing, ie alot of missing money. Using a start of around 1150 on the S&P, where we are now, if you bought puts at 700 and 650, you would incur a huge loss between 1150 and 700/650, so, how can you say that you would recover most of your market losses, plus have 35K in cash?.

Comment on With this Bear-Market Insurance, You Can Keep Riding the Bull by MICKEY PETTIT

MICKEY PETTIT — Fri, 19 Mar 2010 13:54:43 +0000

I use Ameritrade, I am not sure where to find these units of a hundred put contracts each? I also assume that the 600 @19.90 and 700 @ 31.90 are 2 years out. Thanks for your time and reply. Mickey Pettit

Comment on March Madness: A Game Changer for Offices Around the Country by Lillie

Lillie — Fri, 19 Mar 2010 13:12:05 +0000

Although I watch the March Madness event usually off work during the evenings, I don’t have anything against employees who are vocal, passionate and excited about their teams and cheering on the sidelines whether it’s from an online setting or TV. I think John Challenger said it very eloquently, all of the excitement of wearing team apparel, an office bracket, break room TV, etc., could go along way to foster positive results that “build morale and camaraderie” providing there are no “spoilsports” who take the games too seriously.

Comment on How China Will Drive Silver to $250 by van wells

van wells — Fri, 19 Mar 2010 13:03:51 +0000

what do you think of( paas) as a stock to? buy

Comment on Buy, Sell or Hold: Ford Motor Co. Is Ready to Haul In a Fortune for Investors by Robert

Robert — Fri, 19 Mar 2010 11:40:39 +0000

Ford is a dream stock. Bought 75 call options at 0.93 iin late fall of 2009 and sold them at over $5.80 for a tidy sum of 43,500.00…..Rebought 20 options recently and they are already up over $3000.00 in less than a month. This one will double in my opionion in the next 6 mths.
Jump on board its a upward ride.

Comment on Why the Government Wants to Hijack Your 401(k) by honestann

honestann — Fri, 19 Mar 2010 00:42:05 +0000

Speak for yourself. A few of us have been diligently and energetically explaining what has been happening for decades, and have been considered wackos by all until recently, and sadly are considered wackos by most still. In a screenplay I wrote in 1968 I coined the term USSA in a story where the country actually changed its name in the year 2025. I wonder, will it really take that long? No god will save you, I can absolutely guarantee of that, because fantasy is fantasy, not reality. Neither SantaClaus (for kids) or “god” (for adults) exists. And even if I was wrong about that, which I’m not, notice that your “god” doesn’t meddle… seems he’s watched StarTrek and totally adopted their prime directive (do not interfere, no matter what). BTW, one of the BIGGEST reasons american idiots let the predator-powers-that-be get beyond the point of no return is… they wait for “god” to take care of it, rather than taking responsibility for their world and doing something about it. That plus their tendency to support authoritarianism, as indicated by their explicit adoption of the most extreme form of authoritarianism conceivable, namely “god”, the supposed ultimate authority.

Comment on Why the Government Wants to Hijack Your 401(k) by honestann

honestann — Fri, 19 Mar 2010 00:33:01 +0000

Yes! Congrats to one of the one-in-a-million folks who still are willing to do what it takes to protect themselves from the predators gone wild AKA governments of the USSA and its states. Yes, it hurts to lose a percentage of your money by cashing out, but put your money into gold and you’ll do just fine as the US dollar (and all fiat currencies) go the way of the dinosaurs over the next 5 years or so.

Comment on Why the Government Wants to Hijack Your 401(k) by honestann

honestann — Fri, 19 Mar 2010 00:24:07 +0000

How can we stop them?

Answer: Never put money into retirement accounts in the first place.

Answer: If you did put money into retirement accounts, remove all that money NOW. Either pay the penalties, or better yet avoid penalties altogether by investing your funds in foreign real-estate or some other investment that is thoroughly outside the reach of the the feds. That is not easy, but can be done. I say “foreign real estate” because it is inherently “non-divisible” – so even if they pass a law that says you must give them your retirement funds, it will almost certainly not include “non-divisible” assets like a single chunk of real-estate with a single deed. Stop being whining children and take whatever medicine is required to “deal with it”, even if you must take some losses to achieve your freedom and independence from the predator powers-that-be.

Comment on Are Coal Prices Ready to Burn Hot in 2010? by Doug Schonacher

Doug Schonacher — Thu, 18 Mar 2010 18:42:29 +0000

Why don’t you have ANR on this list of Coal companies??