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Author Topic: Krach ?  (Read 4973 times)
The Dog
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« Reply #20 on: January 23, 2008, 06:24:34 PM »

That does suck - but its risk vs. reward.  Play it safe you get small gains - the higher the risk the bigger the pay off OR the more you lose.

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SLCPUNK
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« Reply #21 on: January 23, 2008, 06:27:21 PM »

Patience pays.

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crazycheryl
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« Reply #22 on: January 24, 2008, 04:17:31 PM »

That's a huge loss. If you don't mind me asking, which fund was it in?



To be quite honest I don't remember. But it was one of those sold by Fidelity or put your investment institution in here and you had to pick how to distribute your cash - I believe back then, I might have put a lot of money in US based dot.com or technology but I definitely picked all US companies (stupid I know), something happened in the market and it all went. It might have even been when all the technology or .com companies were going belly up towards the end of the nineties.

Funny thing though, I want to invest money more internationally but I saw China getting hammered cause we are getting hammered and now I'm not so sure. I guess internationally countries still look at the US as a major source of the financial climate which I thought wasn't the case so much anymore because the dollar is worth shit and companies abroad are doing much better than companies here.
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« Reply #23 on: January 24, 2008, 06:26:24 PM »

What the hell does "Krach" mean?
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Jessica
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« Reply #24 on: January 25, 2008, 01:23:46 AM »

What the hell does "Krach" mean?

stock market crash, but it vastly used with a K in europe, in one simple word.
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