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To: Aliska

http://www.freerepublic.com/focus/bloggers/3025906/posts?page=7#7

I moved IRA from Pershing LLC to FOLIO Client Institutional, with same wealth mgr, so no tax penalty.


23 posted on 05/31/2013 2:04:45 PM PDT by Carriage Hill (Guns kill people, pencils misspell words, cars drive drunk & spoons make you fat.)
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To: carriage_hill; SVTCobra03
I moved IRA from Pershing LLC to FOLIO Client Institutional, with same wealth mgr, so no tax penalty.

I'm too old for an IRA, think I could get a Roth but don't want to go that route. I've been investing my own wth one of those online brokers. I think we have a few more days of selloffs which will drive the market down further. I watched the buyers trying to get control to get the prices back up but they just couldn't get enough traction. I think some are out or sitting it out.

Every fiat currency in history has failed. Every. Single. One.

I suppose that is true. My son would talk about it a lot.

200 points should not be that big a deal but it's been going on for about 4 days now for me with my particular mix. I'm new at this and don't know nor want to short, use options, was doing ok before the big bull market set in, not sure why.

I don't understand why so many are selling off today when all week they could have been selling off at higher profits. Maybe they didn't see it coming. Some could be speculator buyers but today only a few (usually) small run ups would have made that worthwhile if buying larger lots.

Now the big ones on my list, and a lot are missing, were all down at closing: BAC, GE, CSCO, MSFT, PFE, T, JPM, BA, AXP, PG, HPQ. There are more I watch that were down at closing as well. Of the first-mentioned, only INTC closed up 0.29%.

More were up part of the day but the last hour was wild, it usually is but stakes higher today.

44 posted on 05/31/2013 4:50:22 PM PDT by Aliska
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