Jersey

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+1 / -4

44 Comments

    • Mon May 12th 13:37 PM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Dear Dectra, Whatever are you ranting about? Do you know something I don't know? If you'll look back, I never accused the Democrats specifically of anything, I merely mentioned that fact that when Presidential elections take place during times of particularly economic stressful times the Democrats more often than not end up in office, if that fact troubles you that's your prerogative. I am not endorsing either party, not by any means and I'm certainly not looking to scare anyone. If I scared you I apologize but I am just stating the facts, again, if you choose not to see them that's your choice, we all are entitled to our opinions, enjoy it. There are not so blind as those that will not see ... I'm not directing that to you now Dear Dectra, I'm simply stating there are none so blind as those that will not see, take it however you like but I know I'm not gonna bend over so easily for anybody, but that's me. You're welcome to bend over for whomever you choose, enjoy and have a lovely day.
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    • Mon May 12th 11:16 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Yeah but ...yeah but ... yeah but ... Uh, what uh, what Country did you say this is again? Let's see, tell the companies, starting with the energy sector how much they can make, ie: Reasonable Profits Board, and then tell it's investors how much they can take, ie: doubling the capital gains, of course after they're done raping us for our personal income... Ohhhh... oookayyyy... ummm ... Duhhh, da bus, da short bus, where's dat short bus for all of us investors? I feel sooo much better now that I know who's driving this bus, yeah right! It's probably best that I don't comment again for a while... politely smiles.
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    • Mon May 12th 09:07 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Okay, maybe I'm completely misunderstanding the situation, maybe somebody can set me straight. The way I see it is, there is an intention to tax my income at nearly 50%. Then should there be anything left to invest with there is another intention to take nearly half of any profits I might make in the market. Now in my eyes and again unless I'm completely off base, that's a 75% profit ... for someone other than myself ... for me, it's a potential 75% loss... that can't be right... right? Someone, anyone, please, tell me I'm wrong.
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    • Mon May 12th 08:41 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Eli, I always enjoy reading your column as I do most of the columns here at SA. Yet the closer we get to this Presidential election the less weight these numbers seem to carry for the average individual investor.I say this, not in hopes of having your readers agree with me that things are bad right now,we all know they are, but in hopes that someone might be able to contradict me and show there may be a future in the market for investors such as myself with less than say 20 million dollars to invest. Actually, when I think about it the more accurate and realistic number may be those with incomes of 250K or more because as we are all aware, traditionally during strenuous economic times the Democrats have more often than not prevailed. Should this trend continue this election season it may have some serious and significant consequences for investors such as; the anticipation of personal income taxes increasing to nearly 50%, the more than doubling of capital gains, and this notion of establishing a Reasonable Profits Board to name but a few concerns. Eli, can you offer any comforting news, can anyone tell me I'm wrong, is this really the end for a large number of investors for who, if in fact these things do come to pass, there simply isn't going to be much incentive to invest under these circumstances. Maybe I'm over reacting, what do you think, anybody?
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    • Sun May 11th 15:27 PM | Rating: 0 0
      Commented on:
      Who's Really to Blame for Rising Oil?
      Again ...when it comes to Americans volunteering to change or more specifically, lower their standard of living, it's simply not going to happen, it never has and it never will, at least not on a voluntary basis, we're American's we always get the biggest piece, we don't know anything else and we don't want to know anything else.
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    • Sun May 11th 09:54 AM | Rating: 0 0
      Commented on:
      Who's Really to Blame for Rising Oil?
      If only it were that easy. Jason, when it comes to Americans volunteering to change or more specifically, lower their standard of living, it's simply not going to happen, it never has and it never will, at least not on a voluntary basis. As far as Crossingthe's comment, I like it, I like it allot and it makes sense, it has always worked in the past. But the past is the past and a new wind is threatening to huff and puff and blow down Wall Street. Sure we have gotten through tough times before but these times may prove much, much tougher for everyone, including the capitalist and investor than ever before. At this point, I believe this Presidential election will have a great deal to do with what becomes of Wall St; if the Republicans win, it will if nothing else guarantee more of the same hard times, should the Democrats win, I think we will become fond of the times we have today as difficult and challenging as they are. Maybe I'm totally wrong, maybe I'm a small investor saying my peace among financial giants. But if any of you can honestly tell me the possibility and even the strong likelihood of personal income taxes approaching 50% plus along with capital gains more than doubling doesn't trouble you, doesn't somehow kink your investing plans, then perhaps it the establishment of the very real Reasonable Profits Board that should trouble you more. People want change, will times are changing and they are changing in a very big way and very quickly. Beware and good luck as there is a new wind blowing on Wall St and it is going to huff and puff and blow down the Wall St we all once knew and loved.
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    • Sat May 10th 19:18 PM | Rating: 0 0
      Commented on:
      News That Moved Friday's Market
      Damn, I was really hoping someone would tell me it isn't so bad too, damn!
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    • Sat May 10th 08:28 AM | Rating: 0 0
      Commented on:
      News That Moved Friday's Market
      Interesting Roy, but I have to tell you, given AIG, the uncertainty of the financial sector, the state of the Dollar, the very real potential of doubling or more of capital gains, and talk of establishing a Reasonable Profits Board, just to name a few concerns off the top of my head; I really wish I saw a more compelling argument to even stay invested in the market at all possibly starting with the inauguration of the new President. The risk reward scenario of the past seems so much convincing, I'm just not as comfortable with investing even with more conservative selections and I'm unsure of how to proceed at this point. The world is truly a rapidly changing place; I wonder if there are many others that feel similar.
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    • Thu May 8th 08:09 AM | Rating: 0 0
      Commented on:
      3 Victim Stocks - Cramer's Mad Money (5/7/08)
      Who said timing wasn't everything, I bought SGP at 13 and change, ka ching, ka ching, ka ching
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    • Wed May 7th 08:31 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      And then came the establishment of the Reasonable Profits Board and it spread throughout the land and nothing on Wall street was ever the same again. The End.
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    • Wed May 7th 08:24 AM | Rating: 0 0
      Commented on:
      Why I Am Selling Precious Metals
      And then came the establishment of the Reasonable Profits Board and it spread throughout the land and nothing on Wall Street was ever the same again. The End
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    • Tue May 6th 08:59 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Seeking Alpha is the best! I look forward to receiving this newsletter more than any other newsletter, although the contents isn't always thrilling, I believe it's accurate and timely. I have to have it every single day.
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    • Sun Mar 30th 16:03 PM | Rating: 0 0
      Commented on:
      Get Out of Commodities - Barron's
      This is absolute insanity. Between the weak US Dollar, the failure of Bear, the exposure of the remaining 5 main US banks with derivative exposure of dozens of Trillions of Dollars, and the US Deficit ballooning at a record rate, no one seems to have a clue what to do or where to turn. Half of the the "experts" are screaming to get out of commodities as quickly as you can while the other half is screaming to get into commodities as quickly as you can, it's just pathetic and difficult to believe this was the once great American economy. Perhaps the best thing I can do for now is to simply cancel my subscriptions to all these insightful economic and financial newsletters before they drive me into the nut house.
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    • Sat Feb 9th 21:58 PM | Rating: 0 0
      Commented on:
      Goodbye, Commerce Bancorp: Vernon Hill Mourns the End of an Era
      Mr Hill, I'm not a very wealthy man and I'm not as savvy an investor as I would like to be, but what I am is a customer of Commerce Bank and frankly I am deeply saddened by this news. I'm just a customer of your bank but let me tell you, the fact that you didn't nickel and dime me to death, the fact that you were open whenever I needed to go to the bank and I mean whenever, the fact that there were always, always plenty of tells available, and the fact that your customer service to people like me was just as good as people with large investment accounts has really meant something special to me in these tough times we live in today. I found myself amazed by Commerce and actually left another bank to come to Commerce. Mr Hill, all I can say is thank you, it's been a pleasure doing business with you and your organization and believe me, thats not something that the average guy says about a bank these days. Best of luck to you and your family. I will miss Commerce and only hope more banks will learn what a difference they have made to this customer by making me feel feel that it still is about the customers after all. Best wishes, thank you.
      View article »
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