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#11
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posted to rec.boats
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On Nov 6, 6:02*am, Tom Francis - SWSports
wrote: On Wed, 5 Nov 2008 18:34:01 -0800 (PST), wrote: So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy No - you lost $85,000 because you were stupid enough to keep your funds in whatever type of account you had it in. Cash dude - been saying that for years - in fact, since 2004. Haven't lost a thing because I recognized the bubble and kept my powder dry. Another couple of months, I'm ready to get back in. Amen, brother! |
#13
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posted to rec.boats
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![]() "Calif Bill" wrote in message m... wrote in message ... Got my financial reports on my investments today, lost nearly $85,000. I have always been fiscally responsible, never carry any cc balance, live within my means, save for retirement, dont own an expensive house, etc. So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy. DEMS OWE ME BIG MONEY. I figure I have paid my share of the national debt, Dems can all pay the rest. If you voted Dem, you pay. The market isnt coming back any time soon because nobody in their right mind would invest knowing the crooks now control the economy. I dun paid my part of the debt, so if you voted Dem, pay up cuz YOU caused the problem. I wish it was only 85K. Ditto. This sucks. |
#14
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posted to rec.boats
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![]() "Eisboch" wrote in message ... "Tom Francis - SWSports" wrote in message news ![]() On Wed, 5 Nov 2008 18:34:01 -0800 (PST), wrote: So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy No - you lost $85,000 because you were stupid enough to keep your funds in whatever type of account you had it in. He hasn't "lost" anything unless he bailed. Better to sit it out. Eisboch Only to a point. Last April I bailed off the US markets but keep to much in the foreign markets. I had the right idea, but underestimated the depth of this one. Still, not hurting as bad as many. I don't see a domestic buying opportunity, I suspect this depression of stocks is going to be with us for some time to come. |
#15
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posted to rec.boats
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![]() "Keith nuttle" wrote in message ... Tom Francis - SWSports wrote: On Wed, 5 Nov 2008 18:34:01 -0800 (PST), wrote: So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy No - you lost $85,000 because you were stupid enough to keep your funds in whatever type of account you had it in. Cash dude - been saying that for years - in fact, since 2004. Haven't lost a thing because I recognized the bubble and kept my powder dry. Another couple of months, I'm ready to get back in. Except the 2% LOST to inflation every year. or about 100/1000 over the four years. With the twit going to be in the White House expect that to double hopefully not the double digit inflation during the Carter years. Good point, as I am at about 2005 valuations, at least I got more than 1% return using Jan 2005 as a base. And in the bank, you might not get your money. The last place to put it is the bank, find a brokerage account where the broker does not do loans, mortgages and the like. |
#16
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posted to rec.boats
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![]() "Jim" wrote in message ... Tom Francis - SWSports wrote: On Wed, 05 Nov 2008 21:58:20 -0500, Jim wrote: wrote: Got my financial reports on my investments today, lost nearly $85,000. I have always been fiscally responsible, never carry any cc balance, live within my means, save for retirement, dont own an expensive house, etc. So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy. DEMS OWE ME BIG MONEY. I figure I have paid my share of the national debt, Dems can all pay the rest. If you voted Dem, you pay. The market isnt coming back any time soon because nobody in their right mind would invest knowing the crooks now control the economy. I dun paid my part of the debt, so if you voted Dem, pay up cuz YOU caused the problem. I feel your pain. No pain, no gain. :) Not worried about gain just yet. Recovered over 20k the past 7 days. That's a start. My foreign holdings are up. US Domestic is shot to hell. |
#17
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posted to rec.boats
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Canuck57 wrote:
"Keith nuttle" wrote in message ... Tom Francis - SWSports wrote: On Wed, 5 Nov 2008 18:34:01 -0800 (PST), wrote: So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy No - you lost $85,000 because you were stupid enough to keep your funds in whatever type of account you had it in. Cash dude - been saying that for years - in fact, since 2004. Haven't lost a thing because I recognized the bubble and kept my powder dry. Another couple of months, I'm ready to get back in. Except the 2% LOST to inflation every year. or about 100/1000 over the four years. With the twit going to be in the White House expect that to double hopefully not the double digit inflation during the Carter years. Good point, as I am at about 2005 valuations, at least I got more than 1% return using Jan 2005 as a base. And in the bank, you might not get your money. The last place to put it is the bank, find a brokerage account where the broker does not do loans, mortgages and the like. Please explain. I think you got it backwards. |
#18
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posted to rec.boats
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![]() wrote in message ... On Nov 5, 9:34 pm, wrote: Got my financial reports on my investments today, lost nearly $85,000. I have always been fiscally responsible, never carry any cc balance, live within my means, save for retirement, dont own an expensive house, etc. So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy. DEMS OWE ME BIG MONEY. I figure I have paid my share of the national debt, Dems can all pay the rest. If you voted Dem, you pay. The market isnt coming back any time soon because nobody in their right mind would invest knowing the crooks now control the economy. I dun paid my part of the debt, so if you voted Dem, pay up cuz YOU caused the problem. Hold up! What about the Republican mantra of don't interfere with my possessions? Just how did the "dems" control your finances? You could do anything you wanted with the money. Just because you chose to risk it for a higher yield isn't anyone's fault but yours. ---- Everyone is entitled to their own I privately manage my own portfolio and in any 2 year cycle (except for 2008) I have beat bank returns by at least twice the amount, often 5 times! Over time that adds up nice. But I don't own a single bond or mutual fund. Been this way for over 15 years. 2004/2005 was obscene, I make far more than was lost in this year. And I don't subscribe to buy and hold. The longest stock I have is just 4 years old. Mutual funds and large investment houses are at a disadvantage, they can't get in, do the high and dump as I can. Often I only trade 1000 shares, but they need to do a million or more. I call it the small investors hands on advantage. Heavy in cash right now, have been since April but have bought about 5 recently. One is down 5%, 2 went sideways and 2 put on 25% so far. At least one I am going to sell as it is ultra short term. |
#19
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posted to rec.boats
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![]() "Canuck57" wrote in message news ![]() "Eisboch" wrote in message ... "Tom Francis - SWSports" wrote in message news ![]() On Wed, 5 Nov 2008 18:34:01 -0800 (PST), wrote: So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy No - you lost $85,000 because you were stupid enough to keep your funds in whatever type of account you had it in. He hasn't "lost" anything unless he bailed. Better to sit it out. Eisboch Only to a point. Last April I bailed off the US markets but keep to much in the foreign markets. I had the right idea, but underestimated the depth of this one. Still, not hurting as bad as many. I don't see a domestic buying opportunity, I suspect this depression of stocks is going to be with us for some time to come. You might want to read this: http://finance.yahoo.com/expert/arti...einvest/118916 Eisboch |
#20
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posted to rec.boats
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On Thu, 06 Nov 2008 09:16:57 -0500, wrote:
Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. Getting in your excuses early? Stick with what's on your pedo mind. -- John H *Have a Super Christmas and a Spectacular New Year!* |
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