How did the peso do today?

BillBigD says on Apr 18, 2008, 20:20:

1782.6500-found it

miamimike says on Apr 18, 2008, 21:58:

Google was Unbelievable yesterday wasn't it????? Like a 90 Point Gain at one crack! Being 100% invested, Yesterday's 200 Point Gain made my day! They are predicting a good Market next week also!

"Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that." -- Feb. 28, 2008 --George W. Bush, Washington, D.C.,

RAAAY says on Apr 18, 2008, 23:15:

miamimike.........." They are predicting a good Market next week also! ".........

Who are " they " ??

When you follow " they "...you are done for...............I'll stick my neck out here..............if " they " are saying the market is going to be good next week........I will predict that it ends up lower on Friday than it started on Monday..................

We'll see..............


.

.........Its useless to argue with ignorance

Alma del Norte says on Apr 18, 2008, 23:15:

1.00 GBP = 3,607.29 COP

Come on Pound!! Come On!!!

La vida es una rutina

miamimike says on Apr 19, 2008, 02:33:

Raaay-The two hosts on PBS's Business Weekly, Sr. Paul Kangis & Suzy G. is who and I'm hoping they are right! We had one hell of a good week this past week in spite of Oil hitting $116 per barrel yesterday. It(this week's rally) shows the depth&Resilency of the American Market. I don't blindly follow anyone, I watch&listen and then decide.

Are you invested RaaaY?

"Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that." -- Feb. 28, 2008 --George W. Bush, Washington, D.C.,

BillBigD says on Apr 19, 2008, 07:13:

Goog- The Apr 500's on Thursday night were selling for .50. Could have sold them at the high for $45.00. LOL

Saltador says on Apr 19, 2008, 10:35:

I've been in and out of GOOG three times now. (Been out for 6 months or so DOH!)
It was just too volatile for me. Most of the money is made in it after hours, and unless you're dealing in big blocks of it, they'll just ignore your orders until the market opens. By then you're whipsawed. (My experience 2 out of three times.)
Maybe I needed to open a brokerage account somewhere else...

miamimike says on Apr 19, 2008, 12:08:

Saltador-maybe you need to invest Long Term. I'm not good at all doing what you are trying to do and that is timing the Market. Tried that 20 years ago and it drove me crazy. Had you invested on Day One In Google and held that stock faithfully, you would have a nice return (understatment) today,,,

"Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that." -- Feb. 28, 2008 --George W. Bush, Washington, D.C.,

tomtom33 says on Apr 19, 2008, 12:24:

Vanguard Total Stock Market Index Fund is made for dummies like me. Long term, buy and hold. I'll never get rich, but this helps to preserve my small pile.

And I love those unrealized capital gains. I wonder if Colombia can try to tax those?

Ctg Bound says on Apr 19, 2008, 12:25:

miamimike,

Yeh I agree, its fine for a few years, but constantly watching the markets gets a bit boring after a while, like you I much prefer to just take a few postions and change them once and a while.

BillBigD says on Apr 19, 2008, 14:29:

Stock Market -Don't see how you could think it is boring something happens almost everyday. Goog camr public at $80 and now is $540ish, Of course it did hit a high of $750 or so

Ctg Bound says on Apr 19, 2008, 14:31:

BillBigD.

Sorry not the overall market, but if you are going to follow a number of shares that you trade regularly I found it boring after 10 years constantly keeping an eye on them etc.

miamimike says on Apr 19, 2008, 15:33:

tomtom33 says on Saturday April 19th, 2008 12:24:

Vanguard Total Stock Market Index Fund is made for dummies like me. Long term, buy and hold. I'll never get rich, but this helps to preserve my small pile.

And I love those unrealized capital gains. I wonder if Colombia can try to tax those?


Ctg Bound says on Saturday April 19th, 2008 12:25:

miamimike,

Yeh I agree, its fine for a few years, but constantly watching the markets gets a bit boring after a while, like you I much prefer to just take a few postions and change them once and a while

--------------------------------------------------------------------------------------------------------------------------------
TT&Ctg bound--I agree with both you guys. TT I do the same in a similiar type fund.

"Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that." -- Feb. 28, 2008 --George W. Bush, Washington, D.C.,

sloopskipper says on Apr 19, 2008, 17:36:

Fidelity Latin America up 132.32% since 10/19/2005

I bought a bigger block the next year, but hasn't done as well, but total position still up 82.96%

Not too shabby in this shitty market (also S. Korea & Canada).

Don't ask about Venezuelan gold mine or Brazilian airline! Glad I don't have much in them.

Ctg Bound says on Apr 20, 2008, 04:17:

sloopskipper,

I have stayed away from Latin stocks or stock funds since I have moved here, as I want diversification of assets.

sloopskipper says on Apr 20, 2008, 06:32:

diversification IS key! Also avoiding substantial investment in your own company while working. If the comany "heads south", you lose it all, job, investments, healthcare, etc, etc. (Enron?) But those folks had few choices.

Ctg Bound says on Apr 20, 2008, 06:42:

sloopskipper,

Yep, I did invest in Latin American stock markets before I moved here, but after I started buying assets here, I haven't paid any attention to them.

lpdiver says on Apr 20, 2008, 06:58:

Dollar cost averaging helps a lot as well. I have one year of nine percent return. All others have ranged from twelve to twenty two percent. From 1980 to present.

t

"cook some rice!"

sloopskipper says on Apr 20, 2008, 07:40:

ctg, they have been performing quite well.

Take a look at http://www.thestreet.com/story/10179800/1/latin-american-funds-getting...

tomtom33 says on Apr 20, 2008, 07:53:

If you managed to not lose money in 1987 and 2002, you are truly a wizard. I had no money to put in the market in 1987, and I lost big-time in 2002 and 2001. But 1994 to 1999 and 2003 to 2007 were pretty good runs.

sloopskipper says on Apr 20, 2008, 08:03:

Yeah but Tom, losing money on paper is not really a loss.

A pretty dramatic picture of the last two years (I have FLATX, but the ETF ILF is doing even better):



However with lunitics like Chávez and Correa on the loose, it's maybe a bit of a crap-shoot.

But, Mexico and Brazil are the drivers of these funds.

Ctg Bound says on Apr 20, 2008, 08:52:

sloopskipper,

Yes they have performed well, I should be more specific, when I say I don't pay attention, I don't look at them in any detail, but see that they are going up in my general/financial news reading.

webmanco says on Apr 20, 2008, 10:14:

$4000 COP per 1 USD

But, I'm going to start making some assumptions here.... Which means I might actually end up making an ass out of myself ..........Thu 04 17, 2008 11:34 am

sloopskipper says on Apr 20, 2008, 13:53:

Yeah, ctg, but they looked pretty crappy in the couple years earlier, but it seems SA is where the action is, at the moment.

South Korea and Canada also, but not like SA.

webmanco says on Sunday April 20th, 2008 10:14:

$4000 COP per 1 USD

" 4 0 0 0 COP/$"? WOW, did I miss something? I better call my Colombian realtor, quickly!

Ctg Bound says on Apr 20, 2008, 15:08:

sloopskipper ,

From 1997 as they were going down and afterwords I put more money into certain emerging Asian funds, they have done very well, other than occasionaly moving the funds allocation around, all the money and gains are still invested there.

I am not to keen on Korea though at the moment, although that was my best gains after the 97 Asian crash.

sloopskipper says on Apr 20, 2008, 15:55:

I bought ISHARES INC MSCI SOUTH KOREA INDEX FD (an I-Shares EFT) in December '05, a bit under 42, it hit the mid 70s, then fell last year but has recovered to almost 59, last Friday, so I am ahead almost 40% on the original investment.

But I also added to it at a higher price, and the net gain is about 36%, at the moment ON PAPER.

I had Fidelity Japan Small Companies (or something like that), which was going like a house afire, but I was able to get out with a gain, during that crash.

webmanco says on Apr 20, 2008, 17:05:

$4000 COP per 1 USD I must admit, it might never happen.

April 20

But, I'm going to start making some assumptions here.... Which means I might actually end up making an ass out of myself ..........Thu 04 17, 2008 11:34 am

BillBigD says on Apr 21, 2008, 15:48:

AAPL-Day 3 that Apple has really taken off. May 160 calls were up 50% today.