I had a great five years of investing but I exited the market in August because it was obvious to me that this market has no credibility whatsoever. And it just gets worse and worse.
Was UBS's the Last Major Writedown? Doubtful [View article]
A "Hold" recommendation!!! I would not invest monopoly money in UBS. What sort of investor would give UBS their money to invest when the company's own investment decisions have led to over $35 billion in writedowns in the last year. You'd have to be NUTS.
Why Yesterday's Optimism Wasn't Warranted [View article]
I had a great five years of investing but I exited the market in August because it was obvious to me that this market has no credibility whatsoever. And it just gets worse and worse.
Stocks Rally on Financial Writedowns: Overly Optimistic? [View article]
I'm building a couple of townhouses and waiting for the smoke to clear.
Was UBS's the Last Major Writedown? Doubtful [View article]
What sort of investor would give UBS their money to invest when the company's own investment decisions have led to over $35 billion in writedowns in the last year.
You'd have to be NUTS.