tag:blogger.com,1999:blog-10584284.post9108231737111270858..comments2023-11-05T03:43:55.713-07:00Comments on VTOLing: Summary of a CrisisPassTheChipshttp://www.blogger.com/profile/06072641781067595586noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-10584284.post-53182286691396693202008-09-24T13:10:00.000-07:002008-09-24T13:10:00.000-07:00That's impressive. You must have some sweet inter...That's impressive. You must have some sweet international options (my international funds are down 15%), as well as mutual funds/ETFs that are pretty specialized.<BR/><BR/>Jealous.PassTheChipshttps://www.blogger.com/profile/06072641781067595586noreply@blogger.comtag:blogger.com,1999:blog-10584284.post-50654414525850127162008-09-24T12:49:00.000-07:002008-09-24T12:49:00.000-07:00I'd change the order; Food, Gold, Oil. People hav...I'd change the order; Food, Gold, Oil. People have to eat even if we move to energy independence. My 401k is up this year because I got out of all US markets that weren't food related.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10584284.post-54917856031600528792008-09-22T15:25:00.000-07:002008-09-22T15:25:00.000-07:007:6 odds on the Place Bet with 10 out of 36 combin...7:6 odds on the Place Bet with 10 out of 36 combinations going my way. 27% chance of hitting. Probably too optimistic at this point.<BR/><BR/>Let's improve the odds to 6:5 by making an Odds Bet instead. Still, that 27% hit rate. Ouch.<BR/><BR/>Forget cash. Gold, oil, and food.PassTheChipshttps://www.blogger.com/profile/06072641781067595586noreply@blogger.comtag:blogger.com,1999:blog-10584284.post-64661642011153941782008-09-22T14:55:00.000-07:002008-09-22T14:55:00.000-07:00I do not like looking at the doom and gloom scenar...I do not like looking at the doom and gloom scenario too closely. It reveals just how unprepared I am for it. Most importantly, how unprepared my kids will be for it. Two years ago I made a move that has paid dividends... but if I can't touch it... what good was it?<BR/><BR/>Should this be a question of how much gold I have stored in a foundation safe?<BR/><BR/>Although the two articles outline just how the situation has gone critical, it does not underscore who has the best plan to fix it. The fact that I need to rely on someone's plan is a problem for me. To let this simply "shake itself out" is just as troublesome as having to listen to a bunch of people in power (and money) roll the dice. Right now... I'd take 6,8 and the pass line. To be honest, I have zero confidence on a successful remedy in the next 7 years. By then... someone else will be selling a new flavor of Kool-Aid to take effect for another 8 years.Anonymousnoreply@blogger.com