meazza

Because getting the rights to House of the Rising Sun is not very easy.

What's religulous about? An annoying wannabe comedian/wannabe politician going around making fun of the religious right? Did I really need a movie about that? Can't Rambo 5 come out? Much more interesting.

Define racist of sorts?

Jim suffers from survivorship bias as all the portfolios that have gone bankrupt have mysteriously disappeared

I think it does. Most stock prices now are far from their true fundamentals because the average fear driven investor doesn't want to hold on to equity. On the other hand, the hedge fund is not fear driven but knows that he has no choice to sell since he doesn't have the cash flow to meet the margin calls.

Series 6 I'm assuming is the equivalent of the Canadian securities course here? I never cared much for personal investing though. Maybe for personal knowledge but I always appreciated finance in a more macro view.

I remember now lol

In terms of tax I don't know but we live in different countries so I think the answers would be different anyways. - The only one that comes to mind is the tax advantages of muni's but besides that, I don't know. The advantages? I'd say the fact that you know what you'll get in return at maturity (even though reinvestment risk and inflation risk are still present). Disadvantages - Can be very volatile, no coupons means no cash flow until maturity.

I don't use the RDS.com live feed because I catch it free on TV. RDS shows all Habs games. I'm aware of the RDS feed because one of my friends moved to Geneva and originally had asked me to set up a slingbox for him but then told me he'd rather just use the RDS feed. P.S. Myp2p.eu has live feeds of most sporting events. I mostly use it for soccer in Europe because I get to watch all Bills games and Habs games on tv here.

lol hopefully the leafs don't do to the Habs what they did to the Wings yesterday.

Ugh I hate the shootout. gg

Well that's much different than the IA's I deal with. Remember, I work in a back office, all I deal with is IA's and institutional traders. I don't like dealing with IA's because they don't understand anything. I once got a question from an IA, "could you let me know when this bond is going to make it's first interest payment?" The only thing was it's a zero coupon bond which they should know because they bought it for their client. Instead, dealing institutional clients is much more interesting. Their concerns are more along the line of, "hey my P&L is all out of whack and I think it's because of what you did."

Besides guaranteed investments, I'm holding onto a few hundred shares of my employers stock which is low and a few thousand of semi-risky RRSP which is also pretty low. I'm looking at some Canadian oil producers (i.e. Encana) who are historically low.

Also on RDS online if all else fails.

IA's are salesman. Just like real-estate agents, they don't know the ins' & outs, they deal a lot more with just getting a lot of clients through cold-calling. Of course this is a generalization as I originally wanted to be an IA but realized I'm not good a good salesman. I know quite a few affluent people who don't have a rep and rather do their trading through discount trading sites. It doesn't mean that you fall in this category, as I think there is an exception to every rule.

Stephen Harper in a political debate (since hey there is an election in Canada on Tuesday) said that this is not such a bad market as many stocks will be cheap and worth buying for the long term. Although he is absolutely right, that is not something to say to the general public when they just lost a killing on the stock market and you're trying to get re-elected.

Evidence : http://www.guardian.co.uk/world/2008/oct/09/zimbabwe

Exactly. At zero dollars, most of those stocks will be undervalued.

TSX also down a lot.

34% since last year at the same spot.

I think the big bad fed is coming to get you.

Welcome to Communist USA

I think the bailout was to prevent more bankruptcies and keep it from becoming a depression... I don't think anyone who actually understood what was going on thought that it would prevent a recession.

Why? Do you want his autograph?

I agree somewhat. I live in Montreal so the cost of living is higher than Buffalo but obviously lower than NYC. Chances are he didn't only work for one year, and did an Escalade become a part of his big ticket item? Obviously when you make more money, you get accustomed to a better standard of living but you need to simply build a good nestegg. Rainy day's happy to everyone.