$700bn Bailout is shot down by House of Rep Vote (205-228), US stock market plummets

Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by biohacker42 on Monday September 29, 2008 @03:10PM (#318672)

8K would be a reasonable valuation.

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Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by fallentimes on Monday September 29, 2008 @06:12PM (#318927)

Based on what? Historical P/E FCF valuations?

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Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by railsjedi on Monday September 29, 2008 @07:12PM (#319010)

Heh, one of the only reasons I stick to buying index funds is because I don't have the energy to learn what those terms mean.

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Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by fallentimes on Monday September 29, 2008 @07:55PM (#319057)

Ha! One of the reasons I stick to buying low cost index funds is because I know what those terms mean and have realized finance is mostly a fools game. Especially hedge funds.

Different means - same ends.

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Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by kirse on Wednesday October 01, 2008 @12:11PM (#320814)

I agree with the "index fund" approach. Too many people get caught up playing the market or paying out the butt to some "financial advisor" who doesn't have much more of a clue where the economy is going than your Average Joe.

Just stick it in an index fund and let compound interest be your friend.

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Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by biohacker42 on Tuesday September 30, 2008 @09:51AM (#319559)

Gut feeling :)

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