If anyone watches the Stock Market

**FireAtWill** · 03-17-08, 09:49 AM

BSC is at $3.75 today... Here is a video of Jim Cramer last Thursday when it was at $62.00.

http://www.liveleak.com/view?i=2b7_1205751955

Fire at Will

**Scrum** · 03-17-08, 11:08 AM

Everyday, everyday.

This is very sad, very sad. People have lost their lively hood over what Jim Cramer said. These days,
there is so much corruption in business it's crazy. Watch this video under the blog, it's insane....

http://caps.fool.com/Blogs/ViewPost....91578966631810

Also been reading the yahoo message boards, sad.

**Nuckle** · 03-17-08, 11:15 AM

People giving stock tips is no different than them telling you to put all your money on black during a roulette game. Trying to get rich quick on the stock market is a gamble. If you want to gamble then gamble. If you win be happy if you lose then blame yourself just as you would in a card game.

I play the stock market but I stay very diversed and buy into funds instead of individual stocks. I am not getting rich quick but I see steady 10% returns each year.

I do not wish ill will on people that day trade but I do not want to hear their crying either.

Nuck

**Consultant** · 03-17-08, 11:19 AM

Yeah, IMHO, the guys who make their LIVING at this aren't watching Jim Cramer for tips.

I sorta feel bad for the mom and pop investors who take his word for it, but even so...it's a risk. If it wasnt risky, A: there would be no money in it and B: everybody would do it.

Remember folks - diversity wins the day!

**w4jchosen** · 03-17-08, 11:39 AM

Nuck is absolutely right. Diversification is the key. You are better served to participate in your 401k/retirement plan. The younger you are the more agressive you can be. As you progress in age you begin to balance out to decrease the risk. Starting early is the key. Take it from experience.

**Nuckle** · 03-17-08, 12:15 PM

401k's are great and last year my company matched $1.75 for every dollar I put in. I cant find a better deal than 175% anywhere. I also made 10% on what I already had in there. I should have well over 3M in my account at 65. Who knows what 3M will be worth then. I may be able to buy a scooter or something.

Nuck

**Consultant** · 03-17-08, 12:20 PM

Originally Posted by Nuckle

401k's are great and last year my company matched $1.75 for every dollar I put in. I cant find a better deal than 175% anywhere. I also made 10% on what I already had in there. I should have well over 3M in my account at 65. Who knows what 3M will be worth then. I may be able to buy a scooter or something.

Nuck

That ought to be worth at least 50,000 Euros by then.

**DJ Ms. White** · 03-17-08, 12:25 PM

You know, my senior year of high school I made a presentation to the Fed Bank in Dallas where I stated with proof and reason that the dollar wouldn't fall much lower than $1.28 as compared to the Euro. Luckily, they kept raising the interest rate, not that it's done any good. I miss Greenspan.

**Tractorpull** · 03-17-08, 12:32 PM

Originally Posted by Consultant

Originally Posted by Nuckle

401k's are great and last year my company matched $1.75 for every dollar I put in. I cant find a better deal than 175% anywhere. I also made 10% on what I already had in there. I should have well over 3M in my account at 65. Who knows what 3M will be worth then. I may be able to buy a scooter or something.

Nuck

That ought to be worth at least 50,000 Euros by then.

LOL, nice one