|
What they did was not insider trading.
One of them only traded 1/500th of their portfolio.
It's pretty sleazy but it's also pretty standard.
Way more facts and way less indignation needs applied to this news byte distraction.
And
No traditional investments for me. We're all cash all the time. Sure, it costs me a bit. I don't need the bit that comes with the potential loss of pets.com, kmart, Ford....
I'm way too skeered and I don't need the new hobby of constantly reviewing stats or whatever the stock guys do to amuse/torment themselves.
I have something somewhere in some 401k somewhere. It was one of those 'participate or we'll participate ya' 100% of our employees signed up woohoo!' things. We'll sort it out when they make us cash it out.
We don't count any asset in the black column until it has been converted to after tax cash in the bank.
Houses, cars, rv, art, collectables all have zeroes beside them.
So, no nest egg bust for us unless fdic shuts down.
|
Thor Forums
