On 18/07/2010 9:03 PM, bpuharic wrote:
On Sun, 18 Jul 2010 20:24:45 -0600,
wrote:

On 18/07/2010 10:37 AM, bpuharic wrote:
Hell, it's only down 10% for the year! A wonderful success story.
just think, if GWB had his way, social security could have the same
success my 401K is having.

wall street just keeps giving it to the american people...and taking
it...

If you trust some 401K plan operator there is the mistake. Might I
suggest learning how to invest it yourself?

gee. let's see... i work for a living. it's known as opportunity cost.
you dont know about economics, but look it up

So do I and? Is it lethargy or what? Maske the freaking time! It is
all about priorities. Look at 7 Habits and time management. And plenty
of evening courses for accounting, you don't need a degree, just enough
to read a profit and loss statement, balance sheet and a few others.

Takes years to get
reasonably good at it but the payout 10 years down the road is quite good.

uh huh. if that's the case what happened to the 14 trillion wall
street lost in equity over the last 3 years?

Have you been to Vegas? The odds are a hell of a lot worse down there
as the house gets a cut which in play+time will always run you dry. The
markets are zero sum plus dividends.

So? As you pointed out, that ws for the most part, 99.99999999+% of
others peoples money, just created some real good buying opportunities
for the savvy and prepared.

The market lost the trillions as the ecomomic outlook of debt,
government overspending, big mouth talk, lower earnings, higher hidden
costs, bailout corruption gone mad, eventual higher blood sucking taxes
sucked the system down. That is why it is called a depression.

But a depression, if you know your history right creates some wonderful
buying opportunities.

A clasic of 1929...but the last 2 years...

http://finance.yahoo.com/echarts?s=^DJI+Interactive#chart1:symbol=^dji;rang e=2y;indicator=volume;charttype=line;crosshair=on; ohlcvalues=0;logscale=on;source=undefined

Over the new hill, shudder, the market is changing direct downwards...
the infamous double dip.

Classic...

And if your broker or fund manager isn't into this, fire the idiots. As
if you were say 50% in cash on Feb/Mar 2009 and bought in hard, then
started selling back earlier this year...you would be well positioned
and well above 2007 levels.

http://finance.yahoo.com/echarts?s=^DJI+Interactive#chart3:symbol=^dji;rang e=my;indicator=volume;charttype=line;crosshair=on; ohlcvalues=0;logscale=on;source=undefined

And it is free, right under your nose. The last chart shows the 1932
double dip from 1929's drop.

Under Obama, history will repeat as Obama didn't take much "American"
history and thus doomed to repeat.
--

Government has liberals, idealists and lawyers, but where is the common
sense?