The Gravy Train

ICE October 15th, 2008

So you’ve got all your money tied up in real estate. Or was it stocks.

Investment Links

Investment Clubs
http://www.sec.gov/investor/pubs/invclub.htm

Accredited Investors
http://www.sec.gov/investor/pubs_subject.shtml#invstrs_accred

A little more light reading
http://www.sec.gov/info/smallbus/qasbsec.htm
http://www.sec.gov/investor/pubs.shtml

23 Comments

  • 11/7/08 @ 14:07

    Carlitta87

    is it me....or did he look ...different???
  • 10/21/08 @ 17:59

    Nospinplease

    I hope there's a new video tonight!
  • 10/21/08 @ 15:56

    Abaddon

    Its called "What You Ought To Know," not "We Will Make You Laugh." I quick laugh is what YouTube is for, here I want to learn something.
  • 10/21/08 @ 15:07

    Teagan [22]

    That...was...boring...
  • 10/17/08 @ 13:35

    gettoman

    great post! I learnt a ton! one of these days I'll have enough money to do that...
  • 10/16/08 @ 15:35

    Nospinplease

    no... it's not Tuesday. Ya, opps is right. Nice video! I really learned a lot, and it wasn't boring. A big equals D!
  • 10/16/08 @ 15:07

    LookBehindYou [22]

    it wasn't funny but i learned a lot....
  • 10/16/08 @ 12:16

    Rob B

    at blau 69, I totally agree. The idea of stocks is that you buy low, sell high. People panic when it drops though, and sell to salvage some remaining money...which makes the value go lower, and that's how the Great Depression started. The best advice I can give to people is to ride it out, and the markets will get better (hey oil is already lower than it's been in a year. That shows something...right)
  • 10/16/08 @ 11:39

    steph {207}

    Good video... I blanked out though and was using the pointer on my mouse to poke you in the eye... Sorry =P. I'm so out of it today... I'll watch the video again tomorrow and give a run down again. I did notice that it was very informative and that makes up for the video being late.
  • 10/16/08 @ 10:12

    blau69

    I think what people fail to remember is that what goes up, will go down and what goes down will go up. So, unless you've panicked and have pulled all your money out of your stock investments while they are at the current low, you will more then likely get your money back and more in 5 to 10 years. This only becomes a problem for those people who are retired, or near retirement, that have seen their high risk funds go belly up. But wait, shouldn't they have been in a low or no risk? ... more (136 words)
  • 10/16/08 @ 9:48

    Jennifer McKenzie

    I want to invest in European hunting lodges. Apparently, they have a lot of my money already thanks to AIG. Yeah, I'm bitter. And poor. This was awesome as usual, Winn Brothers. Thanks for the info. As soon as I'm not living on my credit cards, I'll definitely consider it.
  • 10/16/08 @ 9:30

    Guin

    @Drecon: You mean like a weird fetish visual. Cuz i think i have it right now and i can't get it out of my head! @Scoot : Hey i liked your HTML anology. @postees: With the "brief" history given in the previous posts how many of you are thinking maybe its time to go with something other than D or R?
  • 10/16/08 @ 8:42

    Scott

    Drorharush To borrow your HTML example: if you code in Notepad it will be harder and take longer, but in the end you will know what you are doing. If you use a tool it will be quicker and easier and you will have very little idea how things really work. So, the webpage result may be the same, but the know-how you gained from the process isn't. Investing is the same way. There are lots of people, websites, software packages, etc. that will tell you where to invest your money. Go with that and ... more (134 words)
  • 10/16/08 @ 7:56

    designertoxophilite[22]

    I think perhaps you should lecture the U.K's local councils on how to balance their portfolios. If you'd not heard in the news, they have invested over £2,000,000,000 in icelandic banks which are now failing...... isn't that supposed to be low risk... investing in banks? Just a thought
  • 10/16/08 @ 7:15

    Curtis [22]

    Marc Pile on to all that the greedy CEOs and corporation boards who vote for golden parachutes that allow those CEOs to float off into the sunset with tens of millions of dollars that would have been needed to help keep some of these financial institutions solvent (if even possible), and the dish created from this recipe is called disaster. Good explanation there, Meandering. When I was 13, I would have voted for Carter because he seemed like a nice guy, but I didn't know anything about economics or politics at the time. In light of the past ... more (132 words)
  • 10/16/08 @ 7:01

    Drorharush [22]

    Is there a website that makes investing in stocks...start ups...or whatever, easy? (in the form of how building a website by coding it in Notepad is hard, but by using a software that codes for you is easy...and you still get the same result)
  • 10/16/08 @ 6:56

    Meandering {207}

    Weggles and Marc, There are many problems with the U.S. economy right now. As I understand your statement of "risky mortgages" that was part of this mess. It started with Jimmy Carter passing legislation (which I can't remember the name of) something to the effect of affordable housing, but it really started picking up steam with Bill Clinton. This allowed banks to give loans (sub-prime) to low-income families so they could buy a house even though they did not have jobs or means to pay that loan back and corporations like Fanny Mae and Freddie Mac bought those loans from the banks and they made LOADS of money. Well, now loans are in default because these people couldn't pay the loans back and that caused the mortgage crisis and crazy amounts of foreclosures. Wall Street however began trading thing they shouldn't which now we have the $850 billion bailout which has yet to promote any confidence in the financial sector. I know this is not indepth, but there you go. Believe it is everyone's fault. Greedy wall street persons Democrats and Republicans ... everyone. John McCain and many others did try to ... lots more (242 words)
  • 10/16/08 @ 5:58

    marc

    Weggles, Now I am not a financial adviser... but how I understand the "crisis", is it started with banks loaning large amounts of money from other banks to invest in risky mortgages. What is even worse is that I heard that some banks were not even requiring proof of employment when giving out mortgage loans. Could someone please correct me if I am incorrect?
  • 10/16/08 @ 4:31

    WEGGLES

    ...but wasn't it these risky investments that got the USA in the situation it's in? Well, I guess they aren't supposed to be done on such a large scale.
  • 10/16/08 @ 0:58

    nonsenseholic

    i thought you said every tuesday??...its ok we will all forgive you for giving us this video!
  • 10/16/08 @ 0:11

    Drecon [22]

    I always get these nasty visuals with the word gravy train. Am I the only one?
  • 10/15/08 @ 23:32

    marc

    opps indeed... I get very neurotic when you guys do not post a new show... ask my friends or girlfriend... I drive them nuts!!!!
  • 10/15/08 @ 22:11

    Abaddon

    Not only did you miss tuesday, you almost missed wednesday as well. I was worth it though, back to your old informative self. Yay!

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