Terry Finn

5 Comments

    • ON: Tue May 27th 08:55 AM
      Commented on:
      The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward
      I currently have accounts at all three brokerages, but I am only trading with two of them, Schwab and Ameritrade. Why did E*trade have such sizable loses from the sub-prime mess when the other two brokerages didn't? I attribute it to poor management at the top and simple greed. When the word got out about E*Trade's financial troubles, I baled on my positive stock positions with them and cashed out. This caused me to have to owe higher short term capital gains taxes instead of lower long term capitol gains taxes. I now owe $100,000. plus in additional taxes due to E*trade foolishness and greed. Maybe E*trade will reimburse me for my tax loss, but I'm not holding my breath. I also understand that when you swim with "SHARKS" you can get bit. OUCH!
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    • ON: Wed Feb 27th 09:43 AM
      Commented on:
      Commodity ETFs Overbought; Gold Least So
      "Overbought" is just a way of saying something was under priced in the past and that I wasn't smart enough to recognize this under valuation until it was too late. In other words, "I missed the boat".
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    • ON: Sun Feb 24th 09:30 AM
      Commented on:
      The Good, the Not-So-Bad and the Ugly Commodites ETFs
      Commodities Tower Toppling? Not anytime soon! As long as the governments are printing phony money and issuing $50 billion dollar credits here and there to all the crooked bankers and bond insurers there is not much to worry about. And what about the "Rating Agencies" calling pure junk triple "AAA". Are you seeing any of those guys going to jail? If you were an Arab sheik would you rather hold billions more of faux printing press money that is losing its value each day, or something real like corn, wheat, oil, soybeans, and gold. It's an easy choice as long as the politicians keep buying votes by promising MORE to the voters who are doing LESS. Check out the 10 year gold, silver or farm commodity chart for a dose of REALITY.
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    • ON: Sun Jan 13th 21:17 PM
      Commented on:
      Housing Risk Factor: Keep an Eye out for December Data
      I could never recommend buying a stock that has gone from over 35 within the past year down to 16 now. Buying Toll Brothers (TOL) is definitely the same as trying to grab a falling knife. NO THANKS !!!!!
      View article »
    • ON: Thu Nov 22nd 12:08 PM
      Commented on:
      $100 Oil By Monday (Read: The Lebanon Crisis)
      Great Article - Good Summary Of Delicate Situation That Could Easily Set Off The Next Mideast War And Possibly Push Oil To $150.00/Barrel.
      View article »
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