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thekrup

09/26/08 2:09 PM

#1780 RE: 1plus1 #1773

only statement you have posted that i agree with. it is a joke and i believe i am done investing in it. too much corruption for me and it is soooo obvious.

aharfo56

09/26/08 2:36 PM

#1800 RE: 1plus1 #1773

Look, I understand your anger. I lost 85% of my investment over a weekend when FRE was nationalized. I've since then took my remnant and made 1000% between NEXM, ANVH, and FRE, with ironically FRE being the biggest gainer. The stock market produces more wealth than any other single venue; our retirement is tied in to it as well and stocks have outperformed every other investment over time. My advice, from experience is to take what is left and SERIOUSLY do some homework on your next investment. This is the time to buy, even if you get burnt along the way. Warren Buffett just invested 5 billion and is sticking to his adage, "Be greedy when others are fearful, and fearful when others are greedy." I may lose everything too, but the beauty of this downturn is that we could make far more than we've lost over time. I never thought I'd have a 1000% gain, certainly not after I'd been left with 15% of my original investment...now I just wish I could have made 1000% with my original money intact. This is a good year to learn investing...because the easy times make us overconfident. If I (we) can make money in this market, then think how well we will do when the market is good? Just a few thoughts from someone who has been there...best of luck to you, and I encourage you to try and make your money back through stocks.