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Re: Stocks
CatBrat #314838 07/15/10 05:19 AM
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Don't count your eggs before they've cracked all over the floor, reassembled themselves, cracked again, reassembled, maybe gotten bigger, and you're ready to make an omelette.

Re: Stocks
pmbuko #314839 07/15/10 05:19 AM
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My eggs keep cracking all over counter.


I am the Doctor, and THIS... is my SPOON!
Re: Stocks
Ken.C #315667 07/20/10 01:34 PM
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Burn baby burn! Yesterday I bought SPXU which is a triple make money when the stock market goes down. Please crash, please...

Oh yeah. The market has always recovered after a crash, so no worry.

Re: Stocks
CatBrat #315670 07/20/10 01:38 PM
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Shove it.

Seriously, dude, it's in really poor taste to be gloating about the market going down right now, especially when so many people have lost so much--and I'm not talking about investors as much as people who were sold on 401Ks and 403Bs as acceptable replacements for pensions.


I am the Doctor, and THIS... is my SPOON!
Re: Stocks
Ken.C #315672 07/20/10 01:42 PM
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I have 401k too. But keep the money in a safe guaranteed fund when the market is poor. I used to roll with the ebb and flow of the market, cry when it's down and gloat when it's up, but since then I've educated myself and gained some experience. The sheeple that prefer to keep their head in the sand instead deserve to loose their money. Just my humble opinion.

Re: Stocks
CatBrat #315674 07/20/10 01:59 PM
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Oh and btw, here's an article that says the stock market crash of 1929-30 is almost the exact same as 2008-10, on a chart comparison, and the next big leg down is due now, or real soon.

Link

Re: Stocks
CatBrat #315676 07/20/10 02:00 PM
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So, if you can see all this crap coming, why can't the investors managing 401ks and 403bs?


I am the Doctor, and THIS... is my SPOON!
Re: Stocks
Ken.C #315678 07/20/10 02:04 PM
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Each mutual fund, and other items you have the choice to invest in are all topic related. Such as mid-cap growth, for instance. So that's the only area they concentrate in. If the mid-cap growth stocks go up, it goes up, if they go down, it goes down, ad nasium. Most of them, all they try to do is whatever the market is dishing out at the moment, in anticipation of the stock market going up as a long term trend.

Edit: Sure they try to beat the market. But beating the market may mean if it goes down 20%, they only lost 18% instead.

It takes active management to actually make any money. They are making money off of your money, whether you make any money or not. So, that only leaves you in control.

Last edited by CatBrat; 07/20/10 02:26 PM.
Re: Stocks
CatBrat #315734 07/20/10 06:20 PM
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Past performance is no indication of future performance, though.

Re: Stocks
pmbuko #315744 07/20/10 07:36 PM
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True. But if you compare the chart that's in this link I provided with the past 4 years of the DOW, chills will run up and down your spine.

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