his or her 401k or otherwise.............dow down another 400 pts. today. kinda scary how retirement savings can be wiped out..............thoughts?
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his or her 401k or otherwise.............dow down another 400 pts. today. kinda scary how retirement savings can be wiped out..............thoughts?
our investment gurus (through my job) advised us to move a chunk of our funds into the bonds market till things leveled off. ????
Who you trying to phewl? I know you're self employed, therefore, you're just not paying your fair share and trying to avoid the new tax on your bidness jet, the one you use to fish them Delta lakes.
Rich people stink.
Wannabe...
CN, do you mean the AAA gubment bonds that should be A or B+ at best?
BTW, nice job Duck. Way to cheer up this group. LOL.
Wannabe...
I love it when the market goes in the dump. All the suckers get out and I'm doubling up! If you aren't planning on retiring in the next 5 years, you should be buying all the cheap stock you can. Only Gewbers sell when it is low.
Quote:
Originally Posted by Wannabe...
I had to take a phone call during the meeting so I didn't get to hear the specifics but everyone signed the dotted line to allow funds to be moved so I jumped, too.
I moved mine last friday figuring this debt deal or something would make it dump. I will probably move back by months end. BUT, like feelay said...buy, buy , buy NOW!!!
Yep that's the way I look at it also.
Quote:
Originally Posted by feelay
well said, feelay..........exactly my opinion.Quote:
Originally Posted by feelay
that's the only good thing about it....... the buy low part.
Actually, I don't try and time the market. Dollar cost averaging. Read Vogler.
Wannabe...
Make it 500
Moved mine also from regions to Bass Pro.
dittoQuote:
Originally Posted by jimfish
Buy, baby buy!
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I don;t have any savings so I ain;t worried out it. LOL Ima just live off Mo and ES when I get old
I could use a good live-in chef. I'll work on enclosing the dock this weekend. See if you can get a hold of a generator and a good window unit
As my broker said---(Broker, No Pun Intended) Dont Get Sore, Buy Some More!!!!!!!:cool:
We went through this in 2008. What have we learned. It happened so fast I never sold in 08 and had to wait to recover and made it all back.Sold on strength and have not been invested 100 % since the recovery, have some dry powder and see oppurtunity is now starting to knock.
Yeah. This aint the commodity market, you don't lose till you sell at lower prices.
wiped us out, 4 shares of tysons, chickens died off couple days ago. now stock market in the cellar, what is a drunk to do
Trying to determine what others might want to buy from me some day. How about a freezer full of fish?
I agree w/ Feelay...I got a ways to before I need it...I'm buying...
I was buying Ford stock in 08 as fast as I could afford it and all my buddies were calling me a fool. Ford took a beating but was the only car manufacturer that was not strapped for cash.
Check out BXS. Buy it now and sell it in a few months.
Don't buy ground turkey stocks.