Recent content by big rob

good lookin out boy boy... stringer definitely in on this one...

Global dependence on the US financial system is based on the relative faith - like always - that global financial institutions, and private and comercialinvestors have in it. I am not going to argue against the conspiracy theorists because it will be fruitless, I feel less strongly about...

I know that historically gold has been a hedge against inflation and indeed those who do believe there will be inflation will put some wealth into gold,however 1) There is no inflation. In normal conditions dovish policy will lead to an increase in the money supply, but the velocity of money is...

your exactly right, i dont know if you read what I wrote, but he will raise rates to fight off inflation, just like he lowered them to spur liquidity, FOMC operations areextremely nimble and effective. There are no risks to inflation we can both agree, because your quoted author correctly...

to the original question: Is it even possible for government to stop the fall of the dollar? no, but the federal reserve, an "unpolitical" entity can. they can choose to raise rates of either the federal funds rate or the discount rate. doingthis will tend to cause rates in the bond market to...

Hey mods, unsticky this post, this guy is just using this post that could have really been used o give useful information and really help people is just being used to pimp this guys ING referral and Cashrate referral. If not, at least change the title, because it's misleading. Dude spun this...

mavrx, Only time I have money in a money market account is my cash position that is not in another asset class... However, if you are going to be openning one for the sole purpose of a relatively high liquid asset with higher yield and are cool with all the restrictions check out bankrate.com...

ussjme, And everyone else just starting out, Check out Morningstar.com. Sign up for a free account and go hit up the investing classroom under personal finance I think. Pick up knowledge there with the quickness... Dog my projects got taste, although the rent aint nuttin but two fitty, we...

Much Respected, Great point on VFINX, it does have a relatively high minimum investment, go ahead and look at SPY which should get you S&P returns with a 0.08% fee. And back to the whole ING thing again if you are deliberating between CD's and savings accounts when managing your money there's...

No prob Go NT! ha Dog my projects got taste, although the rent aint nuttin but two fitty, we sportin five thousand dollar drapes No matter where he is next year, Amare Stoudemire is guaranteed to make the All-Interview team. When asked about his jumper after the Micky D's game, he responded...

mindstatements, Im not sure where you find that ING is offering 5%+ yields on savings accounts. There website says they off a 4.5% VARIABLE rate on their standard savings accounts. If you could find an FDIC insured savings account with no fees or restrictions at a yield of 5%+ I would say go...

Rosecitykid, Read my comments regarding roth vs. traditional IRA, although you are probably in a low tax bracket right now, think about as you continue to add to your retirement as you age and (presumably) make more money. Weigh your options. Dog my projects got taste, although the rent aint...

rosecitykid If you want to be involved in the stock market, open a Scottrade account with 500$, and if you want a hands-off approach purchase a broad based American ETF, I would reccomend Vanguard's Product that seeks to replicate the S&P 500, while having extrememly low costs. Also do a...

tupac003 I would have to say a regular IRA, simply because the effect of those extra pre-tax dollars, receiving compounded gains in whatever financial instrument you invest in, and then taking a hit in taxes when you are retired, and in a lower tax bracket, far outweigh the Roth's benefits of...