Mirage Escort
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    US Financial Crisis

    Global Meltdown... Russian was down 15% overnight they closed the markets till Oct28th! Japan down 10%!! Most world markets down 8-10%!!! This is all overnight! Us futures are Limit down 6% pre-open...expect a ugly open maybe down 10% .... This is panic selling and liquidation...if your in...
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    US Financial Crisis

    The crisis is not purely financial....its effects now are on paper assets, but if the problem is not fixed it will affect everyone to the day to day level. It's like a person having a stroke where the blood flow is blocked..... that is whats happening throughout the world credit markets right...
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    US Financial Crisis

    Here is the problem with the credit default swaps and is the root of whats the markets are in fear of....first of all...the size of the market is 45 TRILLION dollars...roughly twice the market cap of the US stock market. Many institutions like Lehman, AIG, Bear Sterns were able to use these and...
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    New Montreal Restaurant Thread

    Ala Carte Express With the cold weather arriving in Montreal you can have the restaurants come to you! Ala Carte express is a good food delievery place with a good mix and selection of restaurants....a better value than hotel room service and better food! Here is the link to the website...
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    New Montreal Restaurant Thread

    I was just at the Prince Arthur location. It's your typical irishbar feel to the place...but its a good place to watch sports as they have a bunch of tv's situated around the bar...there was a Habs game when i was there and it was jammed packed! Good Guiness on tap....selection of tap beer is...
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    Global Recession and the Escort Industry

    Recent observations French kiss Society is advertising on Merb with regular posts.... Is it just me or does it seem like there are more SP's working in the Montreal universe???? More agencies "popping up":D Are Sp's coming "out of retirement"???? The "shill" factor has increased on the...
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    Global Recession and the Escort Industry

    EB, Its because you can expect more of these types of days in the market.... Its not just because of the "CNBC" effect or media blitz thats causing the volatility.... This article gives you an idea "statistically" of the magnitude of what's happening now.... Stress in Global Markets Is a...
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    Global Recession and the Escort Industry

    Whats scary right now is that the goverments of the world are for the first time EVER trying a co-ordinated response to the global credit crisis. Europe just pledged 1.5 trillion to bail banks out...the US has just decided to partly socialize the banking system by spending 250billion dollars to...
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    Global Recession and the Escort Industry

    Korbel, You look for panic when everyone else is selling....but that depends on your time horizon and when you'll retire and use the funds. You can also scale in a bit at a time. The events this time around have never happened before in the history of the "money" system and its affects are...
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    Global Recession and the Escort Industry

    EB, I agree its too late, your probably down 30+ percent....ride it out. This article should give you ideas on re-balancing your risk profile in your 401K http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8_9qf6lAHsA Sell the rallies.....dont sell on the panic! Banger
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    Global Recession and the Escort Industry

    ask your guy if you can move the money into other funds in the IRA without having to pay the 10% withdraw fee.....you should be able too...you dont have to withdraw the funds to safekeep your money from equity risk.
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    Global Recession and the Escort Industry

    His account is with Vangard not Lehman Brothers.... I think 401 K's are SPIC insured....that is it insures the assets in the account at the market value The only way Vangard is gonna go under is if everyone takes all their money out....
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    Global Recession and the Escort Industry

    EB, Why pay the 10% withdraw penalty??? cant u just move the money from one vangard fund to another...like a treasury bond fund that pays a rate??? that way you dont have to pay 10% withdraw and you dont have exposure to equity market risk...
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    Global Recession and the Escort Industry

    EB, I am not a certified financial planner but I dont think your guy gave you good advice about the down 10% rule....I would have adviced you to lower your risk profile by re-allocating to other conservative funds within the Vangard funds or sell parts of the porfiolio and put it in money...
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    Global Recession and the Escort Industry

    EB I think it would be a mistake to sell and liquidate now, the chaos thats happened the last few days is from panic selling and liquidations. I would wait for a relief rally and sell some of the stocks into it to lighten up your risk profile.....the market is waiting for the catalyst and...
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    Global Recession and the Escort Industry

    The problem isnt the flow of money or money supply. The effective fed funds rate is already below target...its the willingless of banks and financial intermediaries to lend out and trade money with each other!! You can keep pumping money into the system but it doesn no good if there is no...
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    US Financial Crisis

    I'll amend it to the "agency owners and SP's I know" dont watch CNBC... I never meant to presume that just because your an agency owner or SP that your not in touch with the real world. I think you're reading a bit too much into my reply to a off topic statement by GG highjacking the thread...
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    US Financial Crisis

    Sp rates are going up when credit is seizing cause this is a CASH business. Also Agency owners and Sp's dont watch CNBC... Banger
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    US Financial Crisis

    World Financial Crisis! The systematic problems are in world credit markets, not just the US. To classify and analyse the problem as just a US Financial crisis is wrong. Whats happening is that the "world capitalist game" of leverage is de-leveraging. The rules of the game have...
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    A very special gift

    I suggest give him a experience he'll never forget....:D Something like this maybe???:) http://www.youtube.com/watch?v=TDlTGhe3YoE Cost: $2.75 CAD. Banger