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Keith nuttle Keith nuttle is offline
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First recorded activity by BoatBanter: Jan 2007
Posts: 388
Default 7.4 Trillion! 7.4!!!!

Capt. JG wrote:
"Keith nuttle" wrote in message
...
Capt. JG wrote:
"Keith nuttle" wrote in message
...
troll sh*t removed

We have already lost many times that in 401k, saving accounts, and
company and public pension funds. So while large in itself, it is a drop
in the bucket relative to the problem.

You'll only lose in a 401K if you sell or reallocate. If you can wait,
the market will come back eventually.

At the average rate of return of market growth for the last 40 years it
will take 10 to 15 years for a 401k to regain the 50% that was lost since
the start of this congress with pelosi "great" leadership. ie it will have
to grow 100% in 10 year. I will be dead before long before then.



If you're trying to blame the Dems in the last two years for what Bush did
to the economy in the last eight, you've probably got a brain tumor that's
disrupting your cognitive function. Take a look at this. Looks like you'll
have plenty of time, assuming senility hasn't set it.

http://genxfinance.com/2007/11/26/a-...rom-1996-2007/

If you will look at your reference January 4, 2007 when the new congress
took office and add 100 days. That is the end of pelosi's 100 days when
she accomplished "wonders and changed the world". Add time for the
market to realize she was going to block any legislation to correct the
bad paper for worthless mortgages, and you will be at the peak before
the current slide. Thanks for publishing the data to support my point.