On Mon, 12 Apr 2010 18:17:27 -0400, wrote:

On Mon, 12 Apr 2010 17:37:00 -0400, bpuharic wrote:

what happened to the 9
trillion in 401K's and other investments that wall street told us were
safe?

If your 401k hasn't recovered yet you better seriously look into
changing to a better money manager.

do you know mathematics?

do you know equities, bonds, securities, etc?

no one in my age group has had their 401K's recover yet. Stocks are at
11,000, a far cry from 14,000 2 years ago.

and average drop in 401K's was 35%. For a 100K investment this means
35K drop.

so a 100K investment 3 years ago is worth 65K today. to go from 65K to
100K is 50%.

there are no major market increases of that magnitude in the last 2
years.

for YOUNG people that's possible. their 401K increases are being
driven by the matching contributions from their employers, so 50% is
possible

NOT for a mature 401K like mine.

you're an idiot.

If they were doing their job the would have sold into that decline and
bought the hell out of the bottom. Now that the market is close to
where it was a few years ago they should be showing a tidy profit.

uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

On Mon, 12 Apr 2010 18:35:18 -0400, bpuharic wrote:

NOT for a mature 401K like mine.

you're an idiot.

If they were doing their job the would have sold into that decline and
bought the hell out of the bottom. Now that the market is close to
where it was a few years ago they should be showing a tidy profit.

uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

WF3H, while I respect your contributions to the Maritime Mobile
Service Net, I do not respect your language and tone. It's just
uncalled for.

The fact that your 401K has not recovered is unfortunate but others,
including my own are doing just fine. I might add that my 401 is
about as mature as they get. The key is management. Did you stay in
equities all the way to the bottom? With all due respect that is
*not* conservative or prudent investing, especially in a 401 where
there are typically no transaction costs or tax issues. There is an
old saying that you should never hang on to a falling stock because
you can always buy it back when it recovers. Simple advice,
sometimes hard to follow, but there is some rationale to it.

On Mon, 12 Apr 2010 19:40:26 -0400, Wayne.B
wrote:

On Mon, 12 Apr 2010 18:35:18 -0400, bpuharic wrote:

NOT for a mature 401K like mine.

you're an idiot.

If they were doing their job the would have sold into that decline and
bought the hell out of the bottom. Now that the market is close to
where it was a few years ago they should be showing a tidy profit.

uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

WF3H, while I respect your contributions to the Maritime Mobile
Service Net, I do not respect your language and tone. It's just
uncalled for.

uh what? if i got any more demure, i'd wear lace panties!


The fact that your 401K has not recovered is unfortunate but others,
including my own are doing just fine.

uh no. most people's havent recovered, for reasons i outlined already





I might add that my 401 is
about as mature as they get. The key is management. Did you stay in
equities all the way to the bottom? With all due respect that is
*not* conservative or prudent investing, especially in a 401 where
there are typically no transaction costs or tax issues. There is an
old saying that you should never hang on to a falling stock because
you can always buy it back when it recovers. Simple advice,
sometimes hard to follow, but there is some rationale to it.
\

funny...me and 100,000,000 american working people are in the same
boat.

On Mon, 12 Apr 2010 21:15:46 -0400, wrote:

On Mon, 12 Apr 2010 19:40:26 -0400, Wayne.B
wrote:

There is an
old saying that you should never hang on to a falling stock because
you can always buy it back when it recovers. Simple advice,
sometimes hard to follow, but there is some rationale to it.

Yup. Buy and hold is a sucker bet in a volatile market like we have
had for the last 20 years. Take the tax hit and trade into these
roller coaster rides.
Back when Martha Stewart was having her problems I almost tripled my
money by selling the 12s and buying the 9s. It cycled 3 or 4 times
that way. These days with online market orders that sort of thing is
easy to do.
I don't really play with that much money but my stock dabbling bought
me a swimming pool, my outboard and a room addition since Y2K.

i love it

100,000,000 americans got suckered by wall street's free market lies

and the right says it's the fault of the middle class

the right really does hate the middle class

On Mon, 12 Apr 2010 21:38:45 -0400, bpuharic wrote:

the right really does hate the middle class

We're all middle class here and no one hates anybody as far as I know.

Your free market diatribes are totally off the wall. Why not move
somewhere that you might like better? That's one advantage of a free
country.

On Mon, 12 Apr 2010 22:35:01 -0400, Wayne.B
wrote:

On Mon, 12 Apr 2010 21:38:45 -0400, bpuharic wrote:

the right really does hate the middle class

We're all middle class here and no one hates anybody as far as I know.

Your free market diatribes are totally off the wall. Why not move
somewhere that you might like better? That's one advantage of a free
country.

this was a great country until the free market fundies screwed it up.

and, yes, we're middle class. some of us respect the middle class.

the right doesn't

On 12/04/2010 4:35 PM, bpuharic wrote:
On Mon, 12 Apr 2010 18:17:27 -0400, wrote:

On Mon, 12 Apr 2010 17:37:00 -0400, wrote:

what happened to the 9
trillion in 401K's and other investments that wall street told us were
safe?

If your 401k hasn't recovered yet you better seriously look into
changing to a better money manager.

do you know mathematics?

do you know equities, bonds, securities, etc?

no one in my age group has had their 401K's recover yet. Stocks are at
11,000, a far cry from 14,000 2 years ago.

and average drop in 401K's was 35%. For a 100K investment this means
35K drop.

so a 100K investment 3 years ago is worth 65K today. to go from 65K to
100K is 50%.

there are no major market increases of that magnitude in the last 2
years.

for YOUNG people that's possible. their 401K increases are being
driven by the matching contributions from their employers, so 50% is
possible

NOT for a mature 401K like mine.

you're an idiot.

If they were doing their job the would have sold into that decline and
bought the hell out of the bottom. Now that the market is close to
where it was a few years ago they should be showing a tidy profit.

uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

Then fire your money manager. I have 3 pools of US investments.

The smallest and worst performer is up only 10% from its prior peek.
The largest and actively managed is up 30% from prior peaks. The worst
performing pool of funds I have is foreign, only up 2% from prior peeks.

So ask your money manager why you should be paying him?

--
The Liberal way, take no responsibility.

On Mon, 12 Apr 2010 21:24:37 -0600, Canuck57
wrote:

On 12/04/2010 4:35 PM, bpuharic wrote:
On Mon, 12 Apr 2010 18:17:27 -0400, wrote:


uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

Then fire your money manager. I have 3 pools of US investments.

The smallest and worst performer is up only 10% from its prior peek.
The largest and actively managed is up 30% from prior peaks. The worst
performing pool of funds I have is foreign, only up 2% from prior peeks.

So ask your money manager why you should be paying him?

because i work for a living. wall street told 100,000,000 middle class
americans that we didn't need pensions. they TRIED, with bush, to tell
us we didn't need social security. they left us ONLY 401k's.

i don't have the time to work AND to watch wall street. so now it's
time to **** wall street and regulate the **** out of them

"bpuharic" wrote in message
...
On Mon, 12 Apr 2010 21:24:37 -0600, Canuck57
wrote:

On 12/04/2010 4:35 PM, bpuharic wrote:
On Mon, 12 Apr 2010 18:17:27 -0400, wrote:


uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

Then fire your money manager. I have 3 pools of US investments.

The smallest and worst performer is up only 10% from its prior peek.
The largest and actively managed is up 30% from prior peaks. The worst
performing pool of funds I have is foreign, only up 2% from prior peeks.

So ask your money manager why you should be paying him?

because i work for a living. wall street told 100,000,000 middle class
americans that we didn't need pensions. they TRIED, with bush, to tell
us we didn't need social security. they left us ONLY 401k's.

i don't have the time to work AND to watch wall street. so now it's
time to **** wall street and regulate the **** out of them


Bull****! You have nothing but excuses. You have lots of time to learn
about investments, about getting an education in economics. You spend
almost as many hours a day on here as Harry does. Sign off from newsnet and
look at Etrade, Scottrade, or any of the other discount brokers. The all
have educational materials available for free. They have seminars for free.
https://us.etrade.com/e/t/investingandtrading Etrades portal to education.

On Mon, 12 Apr 2010 23:01:25 -0700, "Bill McKee"
wrote:


"bpuharic" wrote in message
.. .
On Mon, 12 Apr 2010 21:24:37 -0600, Canuck57
wrote:


i don't have the time to work AND to watch wall street. so now it's
time to **** wall street and regulate the **** out of them


Bull****! You have nothing but excuses.

and YOU have nothing but bitches.

You have lots of time to learn
about investments, about getting an education in economics. You spend
almost as many hours a day on here as Harry does.

really? your arguments are so thoughless and cliche filled it takes
about 10 seconds to dispose of them...no longer than a dirty diaper