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Default Dems owe me

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!
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Default Dems owe me


"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.


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First recorded activity by BoatBanter: Jun 2008
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Default Dems owe me


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.


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