Some news for investors

If you are looking for a place to do you finantual homework I am addicted to scottrade.com and fool.com Fool is the best! IMHO buy and hold is dead we are entering a new world and it is going to be really hard to make money in a sideways market. Consider what inflation is going to look like in 2012. I have a gut that we are looking at some scary Zimbaobwian hyperinflationary issue in the next few years. Your savings and you investment need to keep pace with inflation and hopefully provide you a nice return or retirement is going to be hard to plan for.

Putting to much money into gold is about as speculative and risky of a commodity move as you take just look at what happended to oil and natural gas in this past year. If you are looking for funds there are thousands of them that you can buy and sell for 7$ a trade diversify until the cows come home if you want, put your stops in tight and watch it like a hawk but do it yourself.

Finance advisers scare the crap out of me and your going to pay for them either upfront or at the end. Conservative and safe investments (whatever that means these days) simply wont produce enough to pay comissions and keep pace with looming Inflation. Pick stocks my 2c

Thanks Arjay

1. A cautious forecast from FedEx Corp and a downgrade of 18 banks from a credit agency are giving investors new reasons to worry about the economy. FedEx said they lost more money in the last quarter, as consumers and businesses downsized shipments and the company took over $ 1 Billion in one-time charges.

Dow ----- 8497.18 - 7.49
Oil ----- 70.96 + .49
Gold ----- 938.68 + 3.88

2. Eddie Bauer Holdings Inc is seeking Chapter 11 bankruptcy protection, the latest retail casualty of the recession.

3. Boeing Co. finally joined the orders race on the third day of the Paris Air Show, but its $ 153 million order today for 2 single-aisle planes paled beside the $ 6.25 Billion already chalked up by European rival Airbus.

4. Stocks in the news today:

FedEx ----- 50.70 - .72
Eddie Bauer ----- 18 cents - .05
Boeing ----- 48.55 - .25
Bk Amer ----- 12.30 - .43
GE ----- 12.25 - .53

5. President Obama proposed sweeping new "rules of the road" for the nation's financial system today, casting the changes as a critically important response to the economic crisis and the greatest regulatory transformation since the Great Depression. The President blamed the financial crisis on "a culture of irresponsibility" that he said had taken root from Wall St to Washington to Main Street. The plan will give new powers to the Fed to oversee the entire financial system and will create a new consumer protection agency to guard against credit and other abuses that played a big role in the current crisis.

WBU ALUM wrote:
5. President Obama proposed sweeping new "rules of the road" for the nation's financial system today, casting the changes as a critically important response to the economic crisis and the greatest regulatory transformation since the Great Depression. The President blamed the financial crisis on "a culture of irresponsibility" that he said had taken root from Wall St to Washington to Main Street. The plan will give new powers to the Fed to oversee the entire financial system and will create a new consumer protection agency to guard against credit and other abuses that played a big role in the current crisis.

git wrote:http://www.crevelingandcreveling.com/

This one looked promising anyone heard of it?

Well I mafde contact with Peggy at this office oday, really impreed she immediately realized I would not fit into what they do. But she did make a recommendation.

Aberdine Mutual Funds.

Anyone heard anyhtin about this one?

Try these git - first is actually their web site I think

http://www.aberdeen-asset.co.th/aam.nsf ... icesprices

A press release...

http://www.seic.com/enUS/about/861.htm

Thanks Bob I'm having a heck of a time with the internet today from reason, can;t even get UP to open. I will try again tomorrow

git, I have had a lot of success with Vanguard Funds.

There are tons of funds out there. You just have to research and find the ones that fit you best.

Their site is here: Vanguard Investments

Not good news for the dollar if it happens.

U.S. Likely to Lose AAA Rating: Analyst Prechter

Fears about the long-term vulnerability of the prized U.S. credit rating came to the fore after Standard & Poor's in May lowered its outlook on Britain, threatening the UK's top AAA rating. That move raised fears that the United States could face a similar risk, with the hefty amounts of government debt issued in both countries to pay for financial rescues causing budget deficits to swell.

Strange thing is though that the GBP has & is gaining strength against other currencies.
As far as I can see this is based on NO improving economic conditions.
It is only, probably, that it had actually dipped too low (as some people made a profit on it's lowering rate).
I feel that the "respect" & "importance" of the opinion of companies like Poor's has been badly effected by the banking crisis. Any intelligent person can see that AAA rating for so many companies that were actually a pack of cards has actually posed serious questions as to the accuracy of their rating systems.
Many of these companies that claimed to offer investors a reliable measure into the security of investments have been shown to be what they are - rarely better than horse remedy salesmen & in the financial pockets of the companies that they are suppose to be offering an independent view of....

Well I got e-mail off to Aberdeen looked at it on the web, spreads the risk good, yuo can work with 5k Baht month which will work for me. 17 offices world wide including the UK and Thailand. I was told that the fees are lower then most. I have no idea what a good fee would be.

You can invest in places other then Thailand.

I'll ask more question when I klnow what they are

http://www.aberdeen-asset.co.th/aam.nsf ... prospectus

This is the Aberdeen Fact sheet, most show as high risk, one at low and one moderate.

today I think everything may be a bit dodgy, but three years can change a lot of things, for better or worse.

It also list he fees soemone want to take lookk and give me yuor thoughts since I'm flying blind. Everything is within a range that if I lose it won't hurt me.

git wrote:http://www.aberdeen-asset.co.th/aam.nsf/thailand/funds&pricesfactsheetandprospectus

This is the Aberdeen Fact sheet, most show as high risk, one at low and one moderate.

today I think everything may be a bit dodgy, but three years can change a lot of things, for better or worse.

It also list he fees soemone want to take lookk and give me yuor thoughts since I'm flying blind. Everything is within a range that if I lose it won't hurt me.

If the fees are more than 1% or 2%, I'd look elsewhere. Look for no-load funds.

Vanguard's fees are historically very low, git.

1. Investors returned to the market today, buying up shares of financial and health care companies, pushing the Dow higher after 3 days of declines.

Dow ----- 8554.77 + 57.59
Oil ----- 71.52 + .49
Gold ----- 933.03 - 5.84

2. A private research group's forecast of economic activity said today that its index of leading economic indicators -- designed to forecast activity in the next three to six months -- rose 1.2 percent in May, the biggest gain since march 2004.

3. Both Democrats AND Republicans voiced misgivings today as Treasury Secretary Geithner began a marathon day of selling the President's financial regulatory plan to give the Fed more authority, create a new consumer protection agency and bring unregulated sectors of the financial markets under government oversight.

4. Rates for 30 year home loans fell back this week to an average rate of 5.38%, down from 5.59 % a week ago.

5. The Obama administration is issuing a warning to U.S. banks that North Korea may try to skirt financial sanctions by using various "deceptive practices." The warning is intended to make sure North Korea is prevented from financing its nuclear program, ballistic missiles and other weapons of mass destruction.

6. You may remember the scandal surrounding the "cooking of the books" at HealthSouth Inc headquartered in Birmingham. Today, a judge ordered former CEO Richard Scrushy to pay nearly $ 2.9 Billion to shareholders as a result of the massive accounting fraud.

7. Stocks in the news today:

Bank America ----- 12.88 + .58
Sun Trust ----- 15.51 + .20
Humana ----- 30.64 + 2.30
United Health ----- 25.39 + 1.37

Thanks for the lead I will check that out along with the unput.