Reply With QuoteAhh the business types are the eternal optimists.
Abreast of the situations
Forced to look at Retirement Savings (puking)
Got notice that I have to make an election for payout of a former companies pension and had to log into same institution that holds my retirement IRA. I really was trying to avoid looking at it but in order to get my payout so that it doesn't default to some shitty annuity I had to.
OMG seeing the all time low really is sad. I have not been at this level since 2003. Makes you really wish that you could go back a year in time and say.. you know Im gonna cash out my money and pay my house off.
The only good news is to get some more dry powder out of the pension payout so I can buy more.
Oh well.. easy come easy go. I guess I can brag about my 200% returns over next 5years when in reality all im doing is making up my loses from this year.
Q: Senator Obama, would you take the same pledge? No tax increases on people under $250,000?
OBAMA: I not only have pledged not to raise their taxes, I've been the first candidate in this race to specifically say I would cut their taxes.
Villified User
Ahh the business types are the eternal optimists.
Bush doubled the debt from 5 trillion to 10 trillion.
Proving tax cuts work!
Bush asked for and signed for the TARP money.
The Republican senate leader backed Bush on this.
Abreast of the situations
What can you do? Go crawl under a rock? Im only 34 so I have to stay in growth.Originally Posted by uscitizen
Fact of the matter is that its not worth crying over spilled milk. I dont need that money for 30years or more so this is just an enigma.
Q: Senator Obama, would you take the same pledge? No tax increases on people under $250,000?
OBAMA: I not only have pledged not to raise their taxes, I've been the first candidate in this race to specifically say I would cut their taxes.
Villified User
Yeah all we can do is go forward.
Life has no reverse gear.
Bush doubled the debt from 5 trillion to 10 trillion.
Proving tax cuts work!
Bush asked for and signed for the TARP money.
The Republican senate leader backed Bush on this.
I haven't looked at my 401k since the housing market collapsed.
I am 48, so retirement isn't that far away. Unless the economy rebounds well or I win a lotto, ya'll can find me greeting people at WalMart.
New Nicotine Free Version
JPP Staff
Yeah, I'm not looking forward to doing end of month for the non-profit. I can't imagine what it is going to be like.
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
It is the mark of an educated mind to be able to entertain a thought without accepting it.
- -- Aristotle
Abreast of the situations
I was a trader for Fidelity in the late 90's. When I moved out of trading I was still a "reservist" who would on heavy market days have to go back to the trenches. I was there for the .com bust and dealt with the trades. Its very sad to see people selling at the bottom and losing everything. I think we are close to bottom now and under no circumstances would I sell.
Q: Senator Obama, would you take the same pledge? No tax increases on people under $250,000?
OBAMA: I not only have pledged not to raise their taxes, I've been the first candidate in this race to specifically say I would cut their taxes.
High Level of Addiction
I'm so glad I don't have to look for any reason.
Still, I'm optimistic. The "crash" didn't really relate at all to the state of the overall economy; it was really sheer panic when it dipped below 10,000.
I don't think it's going to take forever to get back up to where it was....
Truthmatters
I look every day and I show and tell my son the progress (or lack there of in the short term).
I am teaching him in the best possible way the reality of what the market does.
Abreast of the situations
once we are in the recession is when the markets will recover btw. look at any recession and the midpoint of said recession is when you see the stock market taking off.
Q: Senator Obama, would you take the same pledge? No tax increases on people under $250,000?
OBAMA: I not only have pledged not to raise their taxes, I've been the first candidate in this race to specifically say I would cut their taxes.
Villified User
the market will recover before the jobs and such do.
Bush doubled the debt from 5 trillion to 10 trillion.
Proving tax cuts work!
Bush asked for and signed for the TARP money.
The Republican senate leader backed Bush on this.
Abreast of the situations
hows that gold treating you US? Did you take the 30% hit or sell?
Q: Senator Obama, would you take the same pledge? No tax increases on people under $250,000?
OBAMA: I not only have pledged not to raise their taxes, I've been the first candidate in this race to specifically say I would cut their taxes.
Villified User
No hit yet, still around $200 above what I paid for it.
No hit on my other investments either.
Bush doubled the debt from 5 trillion to 10 trillion.
Proving tax cuts work!
Bush asked for and signed for the TARP money.
The Republican senate leader backed Bush on this.
Verified User
Gold is down like 30%.
Stocks have been overpriced for years and they are just now getting cheap. Keep buying
The stone that the builder refused
Will always be the head corner stone
Abreast of the situations
well I will have a little extra dry powder coming soon to avg down some things Im not keen on the idea of upping my savings again. I saved a lot my first 10years of my career living pretty meager and its worth shit now. This was the part of my plan where i pay down my mortgage as fast as i can so I can buy a second home within next 10years so I dont exactly wanna put that plan to the curb so I can invest more.
Q: Senator Obama, would you take the same pledge? No tax increases on people under $250,000?
OBAMA: I not only have pledged not to raise their taxes, I've been the first candidate in this race to specifically say I would cut their taxes.
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