Shut up about the economy, it's perfectly fine and bouncy.....

[JS80]

Originally posted by: blackangst1

Originally posted by: LegendKiller

Originally posted by: blackangst1

Originally posted by: Harvey

Originally posted by: blackangst1

Yes, it is.

As long as you happen to be as rich as Steve Balmer. :roll:

Im squarely middle class and doing better than I ever have. In fact, I find it easier to live 30% below my income than I did in 2000. My friends arent doing that bad either.

Why is the DOW even an issue? Have you morons ever heard of buy low sell high? So when the market actually DROPS you chicken little? WTF is wrong with you? Get back to me when unemployment is 20% will ya? And see my post above. Frankly Im waiting for DOW to hit 8-9000 so I can grab up some fortune 50 sticks at a discount. Youre a fool if you think your precious stocks and 401k isnt going to bring a nice return in 20 years. You dont lose money till you withdraw. BUY NOW.

Get a grip on reality not this false bullshit sky is falling crap.

That's only good if it's not going to drop anymore. Never try to catch a falling knife.

Im hoping it hits 8-9k personally. I love sales on stocks You of all people should know better.

What good is a cheap asset sale if the cash your holding isn't worth toilet paper?

 

[blackangst1]

Originally posted by: heyheybooboo
Topic: Shut up about the economy, it's perfectly fine and bouncy.....

Tell that to the 9%+ of the Michigan workforce that's unemployed.

Sure pick the one state affected mostly because of auto-related buyouts. A single example doesnt constitute normal. Detroit specifically hasnt really been a beacon of career growth lol

 

[chess9]

The stock market is quite bouncy today. May even set a record for 'bounce'.

-Robert

 

[Budmantom]

We need Barrack(Don't call me Barry) Husein Obama, Barney Frank and Chris Dudd to fix this mess.

 

[blackangst1]

Originally posted by: Skoorb
What? Whether you sell or don't, if you buy at 10k and it falls to 9k you bought at the wrong time. I don't need to expound on that.

But if you buy lower than historical, its still bargain. My wife bought a pair of shorts on sale normal price $38, got em for $16, next week they were $9. She still got a good price. You obviously know NO ONE can say when the larket or a stock is at peak or not. All you can do is buy LOW. Pretty simple concept.

Originally posted by: Skoorb
Actually, I am, I'm down in my 401k about the same as the market, so it could hardly be any fvcking worse.

Yes it could - you could be retiring and drawing funds.

Originally posted by: Skoorb
Unfortunately, my available funds are pretty darn limited with my plan.

Well, that sucks. You can take a look at reducing 401k if they dont match and open a roth...tax deductible

 

[blackangst1]

Originally posted by: JS80

Originally posted by: blackangst1

Originally posted by: LegendKiller

Originally posted by: blackangst1

Originally posted by: Harvey

Originally posted by: blackangst1

Yes, it is.

As long as you happen to be as rich as Steve Balmer. :roll:

Im squarely middle class and doing better than I ever have. In fact, I find it easier to live 30% below my income than I did in 2000. My friends arent doing that bad either.

Why is the DOW even an issue? Have you morons ever heard of buy low sell high? So when the market actually DROPS you chicken little? WTF is wrong with you? Get back to me when unemployment is 20% will ya? And see my post above. Frankly Im waiting for DOW to hit 8-9000 so I can grab up some fortune 50 sticks at a discount. Youre a fool if you think your precious stocks and 401k isnt going to bring a nice return in 20 years. You dont lose money till you withdraw. BUY NOW.

Get a grip on reality not this false bullshit sky is falling crap.

That's only good if it's not going to drop anymore. Never try to catch a falling knife.

Im hoping it hits 8-9k personally. I love sales on stocks You of all people should know better.

What good is a cheap asset sale if the cash your holding isn't worth toilet paper?

I see. So buy high. Got it

 

[StageLeft]

Yes it could - you could be retiring and drawing funds.

Yeah, this absolutely has to be forcing some people who were about to or have retired to pick up the classifieds and see what walmart pays for door greeters. Depressing!

 

[blackangst1]

Originally posted by: Skoorb

Yes it could - you could be retiring and drawing funds.

Yeah, this absolutely has to be forcing some people who were about to or have retired to pick up the classifieds and see what walmart pays for door greeters. Depressing!

Bonds arent doing too bad. And theres quite a few fortune 100 paying decent dividends also. Im not saying everyone *could* be hunky dory (sp?) Im just saying the entire economy isnt in the shitter, and because 90% of the population doesnt even know how to make a budget everyone panics. I wouldnt worry if I was you, I would invest MORE. The only reason you wouldnt is if you think the market will NEVER recover. Which is asinine.