Jen31

2 Comments

ON: Tue May 20th 08:06 AM
Commented on:
Time to Buy Gold

Great thoughts, but gold has been moving in opposite directions over the last 35 years, and it has been on present level in 1980, but then dropped over 3 times in 20 years. So if you do invest in gold, do it for the purpose of money saving, not for gaining profits.
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ON: Sat May 10th 07:28 AM
Commented on:
'The Worst Is Over for Financials' - Really?

IMO, Financials have not hit the bottom yet, as in worse times like 1989 there were much more banks going bankrupt than now. U.S. banks' high marginal income and share price to book ratio indicate that there is still room for them to decline. However, optimists believe that by 2009 the situation with financials should get better, so probably it's time to start buying some shares or at least watching them.
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