Driving back from Florida on Wednesday, my brother brought up the possibility of moving some of our mutual investments out of stocks and into something safer.
I replied, "Unless something blows up, I think the markets stabilized. The price of oil has probably topped out. The only way we lose is if it starts creeping back up. I think we should leave it where it is and we'll be all right."
Crude oil rises above $78 per barrel.
Dow loses 400 in three days.
Free investment advice is now available from griftdrift is an idiot, inc.
Friday, July 14, 2006
Subscribe to:
Post Comments (Atom)
1 comment:
While dining out here in Houston, it is not uncommon to see tables of executives toasting "to $100 barrel!" Sorry.
Post a Comment