0

A lot of people keep asking me what I think about the current state of the financial markets. Well, I think they suck. Having said that, I have given people the same advice as I’ve taken myself lately – which is, hold what you’ve got.

I don’t really have time to go completely into all the various points I’ve been considering lately, but here are a few key resources that I believe will help to give you a good idea of what all is going on:

  1. World’s central banks cut rates to rescue economy
  2. Angel Investor Ron Conway Emails His Portfolio Companies Over Financial Meltdown
  3. Worst stock market crash since 1937
  4. Stock Market Plunge Spreads Worldwide
  5. VIX Jumps to Record, Topping 56, on `Mad Rush’ to Sell Assets
  6. Asian Markets Plunge as Fears of Global Recession Looms
  7. Causes of Great Depression
  8. Stock Market, History,Causes and Affects
  9. Thoughts on the Global Financial Mess: Gimme Shelter (and some transparency, please)

Feel free to drop questions or comments below and I’ll answer them for a few days as I have the ability to check on them.

Here is a little video from yesterday to cheer you up:

DeliciousStumbleUponDiggTwitterMixxTechnoratiFacebookNews VineRedditLinkedInYahoo! BookmarksSphinn It!Hyves
Tags: , ,

Related posts

  1. Financial Crisis? Ha! Warren Buffett is Buying Stock NOW!Wow! The New York Times hit a home run today with this editorial column from Warren Buffett. So, for all...
  2. Stock Exchange Record Setting DownturnToday the New York Stock Exchange had a record setting day… in a very bad way. Without warning and in...
  3. The Incompetent, the Corrupt and the Inept… or, Why We’re in Financial CrisisMy father forwarded this message to me via e-mail from a friend of his (not sure of the origin). I’m...
  4. Depressing Financial News Abounds – Are We Headed for a Depression?I told you guys we were in a recession back in March, but now I fear we could move from...
  5. The Importance Of Retirement PlanningNitroglycerin is volatile. So are markets, all markets. Always have been, always will be. In 2000 the stock market took...
  6. Barrons Forecasts 20,000 Point Dow by 2009Thanks to Jason over at Smith Barney for sending me over the link to this looney old Barrons stock strategist’s...
  7. 45 Percent of Global Wealth Destroyed in Last 18 MonthsThis is a fascinating report from Megan Davies and Walden Siew of Reuter’s. Thanks to Jacques Snyman for sharing the...