Re: the Stock Market, greed vs tangibles
I do agree that CEO compensation is out of control. But this is not a problem that has been going on for the last six months. It has been a wide spread issue that needs more intervention than any buy plan.
The stock market is not yielding high returns right now. If you need cash to make short term liabilities, get out of the stock market NOW. In fact, if you need money for long liabilities in the neighborhood of 2-3 years, buy out now as well because it might take that long to regain losses seen of recent.
The only places liquid assets (cash) should be is FDIC insured accounts, and treasury issued avenues. But while this is an issue that originated in the US, it is most certainly not restricted to the States. Looks at international markets, commodities markets, it is far from a beautiful day overseas as well!
-Dan
|