Re: Share buy back topic.
in response to
by
posted on
Feb 11, 2010 09:22AM
" The safest investment today is cash."
"at this time a large number of firms need cash"
" Therefore, cash is at a premium as it should be."
In that regard..... it's all "at risk" in handing it to firms, including sitting in a non interest bearing bank account to balance inflationary considerations. Every day it sits ideal...we lose, however, there's nothing anyone can do about that... without moving it to risk.
" Edig should do very well if and when they find something exciting to invest in."
That I totally agree with.....as long as they get something tangible that will out pace inflation.
I know exactly what side of the table we each sit on when it comes to the dollar and monetary policy.
If one has a bank account and you do not want to put your holdings at risk with corporate unknowns...expect your holdings to go back wards for the foreseeable future, where it will be a challenge to catch up.
I'm exercising my right as a concerned citizen....and I don't give a rats azz about corporate Americas(oops I mean Global Americas) problems.
This is not a message to ridicule you in any way....so don't take it that way as you have in the past. We just see things differently @ different levels. Until I see a change to my personal circumstances of banking and not wanting to take on risk....I stay hard on my opinions of the situation.
doni