Thursday, August 09, 2007

No, They're Not Selling ...



... Rather, they're "derisking."

Seriously. That's the term I heard more than three times out of the mouth of some industry pundit being interviewed this morning on CNBC. Ahh, market spin.



I don't follow the stock market with anywhere near the interest that I used to, but it's still a heck of an entertaining show.

Supply and demand; fear and greed; panic and euphoria. You find 'em all in one place.

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— Posted by Michael @ 9:40 AM








1 Comments:
 

And I'm not bankrupt, I'm just "de-profiting." :)

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Thoughts on my personal finances, goals, experiences, motivations, and accomplishments (or lack thereof).

My financial life began turning around when I took responsibility for it.
— Dave Ramsey


100%

Start (2005-12): ~$21,900
Currently: $0
[About Our Debt Paydown]

100%

Savings Goal: $15,000
Currently: ~$15,115
[About Our Liquid Savings Goal]