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Good...
I get to buy stocks cheaper for my retirement account.
lol crashing again
Good...
I get to buy stocks cheaper for my retirement account.
lol your retirement account
pretty much. Even if you luck out somehow a miracle happens and you don't lose 70% of your retirement stocks. They still will not gain much value in 10 years.
These days putting your retirement money on the stock market is almost as stupid as taking your retiment funds to Vegas and betting it all on 23 red.
btw I still have 40k of mine in the stock market. watching that sink like the anic
lol
problem is even taking the money out and letting it sit in a bank is a bad idea cause of the dollar value. canadian money is looking good right about now.
when obama is kicked out of office next year it'll go back up
President Bachman will save the country!
Jul 21: 12,724
Aug 8: 10,810
The real problem is that people want to offset way more than inflation on the market. They want to become millionaires through their micromanaging. It's very much like the casino.
C'mon son
I'm not worrying until that falls below 9
It's correcting itself to where it should have been months ago. There's been no mutha in' reason it should have been above 12k with unemployment/housing/and the trade deficit being what it is, not to mention rampant government spending and the ever expanding budget deficit.
,that's why I've been in precious metals since 2008 son.
GOLD and PLATINUM es
The dreaded double dip coming?
Cycles are normal.
Why is everyone panicking?
Have we ever had a double dip? I mean like gonig back to circa 6500 or so.....
Maybe before I was watching the markets. Doesn't mean we won't recover.
Sure, the markets could fail. Correct me if I'm wrong, but you are new here. I have at times stated in the past that we are doomed as a nation. I do hope I'm wrong, and part of that hope is still participating in stocks.
If we are doomed, I don't really know what a better investment option through my employer sponsored retirements accounts would be anyway.
I see it as we either win or lose, as a nation. What good is me hording cash going to be if we fail? I simply err on the side of optimism. Sure hate not to invested if it is the right thing to do.
As ed up as things are becoming... and as I predicted years ago, I still have hope, that we will pull our collective heads out of our collective asses.
I thought you didn't buy into the scare tactics...
That sounds pretty much all doom and gloom.
If you don't remember the context I speak of, too bad.I thought you didn't buy into the scare tactics...
That sounds pretty much all doom and gloom.
Selling out the country for your own greed.
Nowadays, if you really want to make money in the stock market, you shouldn't hold anything for long, cause this will keep happening to you, wiping out all your gains.
cash is king
It was surreal watching Obama's speech today with a real time graphic of the stock market plunging right next to his head.
like it went back up when the Pelosi was kicked out of as House Speaker?
You must not have watched any of GWB's Press Conferences.
I guess the millions of Americans with 401k plans are complete idiots.
Many companies are reporting record earnings. This is just typical Wall Street panic. It doesn't bother me though. I may actually starting buying tomorrow.
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