On Tue, 20 Jul 2010 20:28:37 -0400, John H
wrote:

On Tue, 20 Jul 2010 19:04:59 -0400, Larry wrote:

John H wrote:
On Mon, 19 Jul 2010 23:10:30 -0400, wrote:


On Mon, 19 Jul 2010 19:46:34 -0400, "Harold"
wrote:


http://screen.yahoo.com/funds.html


and here is where you're confused. 401K's are managed by fund
managers...the funds they manage CAN do pretty well on an individual
basis. yet, unless you're a full time manager yourself, you have NO
idea which ones these are going to be.


Move your $40 to a money market fund and STFU.

You'd think all the Limo Liberals here would get up a collection for poor
bpuharic


notice how the right ignores the situation facing the middle class?

the rich are doing fine...so that's all that matters

Seriously, Bob, do you really think all the conservatives here, or anywhere, are
rich? Do you not think a bunch of us might be middle class? Yet you are the one
doing all the whining because you paid little attention to your investment.

I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

Don't they all? If he has/had a company match - it would be free money,
too!

I've noticed he won't answer a straightforward question.

you call it straightforward

i call it useless

On Tue, 20 Jul 2010 19:04:59 -0400, Larry wrote:

John H wrote:
On Mon, 19 Jul 2010 23:10:30 -0400, wrote:


Seriously, Bob, do you really think all the conservatives here, or anywhere, are
rich? Do you not think a bunch of us might be middle class? Yet you are the one
doing all the whining because you paid little attention to your investment.

I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

Don't they all? If he has/had a company match - it would be free money,
too!

gee. if only you guys sold time on your crystal balls BEFORE the
collapse

bpuharic wrote:
On Tue, 20 Jul 2010 19:00:38 -0400, wrote:


bpuharic wrote:

On Mon, 19 Jul 2010 19:21:25 -0400, wrote:



when's the last time the GOP proposed a capital gains tax INCREASE?

oh. never.

QED


Why do you have to worry about that? Are you at retirement age?

55. close enough. i worry because i'm shouldering the burden for the
rich. we bail them out. they pay lower taxes than i do. they dont
boost middle class incomes by wage increases...they do nothing for the
middle class.

america has the least equitable income structure in the western world.
it's one reason we're in the shape we're in

and tot he right wing, that's proof god loves the US

That doesn't make any sense. If you want to worry about something,
worry about supporting the lazy ****s who don't want to work.

On Tue, 20 Jul 2010 14:42:13 -0400, Wayne.B
wrote:

On Tue, 20 Jul 2010 12:15:30 -0400, John H
wrote:

the rich are doing fine...so that's all that matters

Seriously, Bob, do you really think all the conservatives here, or anywhere, are
rich? Do you not think a bunch of us might be middle class? Yet you are the one
doing all the whining because you paid little attention to your investment.

I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

Bob took such a beating that he is down to his last yacht.

yeah. a 35 year old single engine boat. don't think i'll be cruising
to mykonos any time soon

On Tue, 20 Jul 2010 12:15:30 -0400, John H
wrote:

On Mon, 19 Jul 2010 23:10:30 -0400, bpuharic wrote:


the rich are doing fine...so that's all that matters

Seriously, Bob, do you really think all the conservatives here, or anywhere, are
rich?

i think they're sock puppets for the rich. they believe all the
bull**** myths about working hard, how the middle class is getting
richer, how we can turn our futures over to wall street and
everything's gonna be fine

they hate labor unions. they hate regulations on companies. they hate
the idea the middle class deserves a pay increase every once in
awhile. they think nothing's wrong with america that giving more money
to the rich won't cure

Do you not think a bunch of us might be middle class? Yet you are the
one
doing all the whining because you paid little attention to your investment.

yeah. me and 100M other hard working americans

I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

gee. where was your crystal ball in 2006?

On Mon, 19 Jul 2010 21:58:55 -0600, Canuck57
wrote:

On 19/07/2010 9:10 PM, bpuharic wrote:
On Mon, 19 Jul 2010 19:46:34 -0400, "Harold"
wrote:


http://screen.yahoo.com/funds.html

and here is where you're confused. 401K's are managed by fund
managers...the funds they manage CAN do pretty well on an individual
basis. yet, unless you're a full time manager yourself, you have NO
idea which ones these are going to be.

Move your $40 to a money market fund and STFU.

You'd think all the Limo Liberals here would get up a collection for poor
bpuharic


notice how the right ignores the situation facing the middle class?

the rich are doing fine...so that's all that matters

From my perspctive, yes. What, with your envy and contempt for the
rich you want us to kiss you ass?

nope. i just dont want you to act surprise when you get hanged

Canuck57 wrote:
On 20/07/2010 8:07 PM, bpuharic wrote:
On Tue, 20 Jul 2010 20:01:34 -0600,
wrote:

On 20/07/2010 7:49 PM, bpuharic wrote:
On Tue, 20 Jul 2010 17:50:24 -0600,
wrote:



Can the left think?

tell it to milton friedman and alan greenspan...architects of today's
economy.

neither is/was of the left

how's the economy doing under radical free market socialism for the
rich?


Maybe not by your standards, but by mine, Greenspan was a leftie.

jesus christ...if you're calling greenspan a leftie...

Caved
into Clinton and congress pretty good. He even admited he screwed
up in
doing so.

he admitted wall street was greedy. he, unlike you, knew the rich
could be greedy

you're a right wing moron so are too stupid to understand

greenpan can learn. you can't

Makes me smarter than you, I made money on his mistake, you lost your
shirt.

Don't you mean *skirt*?

D.Duck wrote:

wrote in message
...
On Tue, 20 Jul 2010 21:46:25 -0400, bpuharic wrote:

On Tue, 20 Jul 2010 19:20:56 -0400, wrote:

On Tue, 20 Jul 2010 17:07:55 -0400, bpuharic wrote:

and there as many HF managers who saw this coming as economists

MOST hedge fund managers were betting against housing in 2007, that is
what hedge funds do.

except, of course, they told no one. the fine against goldman sachs
that depressed their first quarter earnings was for exactly this type
of screwing around


BTW I was reading an old Fortune magazine at Jury duty today (jan/feb
2010) and they had a list of the funds that did get it right this
year, one was up 265%. They also listed 1000 with their results for a
year and 3 years. I was looking at the Fidelity funds and most of them
were up this year, about half up over the last 3.
I guess I will dig out my 401k statement and see how it really did.
I know the last time I looked it was double what it was when I stopped
contributing in 1996.

too bad the right wing destroyed the pension system in this country
and let the rich replace it with 401k's.


This is the summary of my 401k from the web site

Average Annual Total Returns1 (%)
as of 06/30/2010

1 Year 3.63
3 Year 4.23
5 Year 4.80
10 Year 5.15
Life 6.84

Life is as of inception date 07/01/1985.


When I consider the fees the manager is skimming this is not bad.


You'd better recheck your numbers. I read somewhere that NO 401Ks had
a positive return over the past three years. 8)
From the same psycho who said no one in the middle class has had a
raise in ten years?

bpuharic wrote:
On Tue, 20 Jul 2010 22:27:41 -0400, wrote:


wrote in message
...

On Tue, 20 Jul 2010 19:06:17 -0400, wrote:


bpuharic wrote:

On Tue, 20 Jul 2010 05:03:58 -0400, "Charles C."



go ahead and try to get a loan using your 401K as collateral

see what happens



CC


When would any lender accept a 401K account as collateral?

since it's a standard part of a loan applcation. that's when

been renting all your life, i see


I may be wrong but I believe 401Ks are untouchable in bankruptcy
proceedings. You may have to list them on a loan app but they are
untouchable to a loan holder.


unless, of course, you're able to waive that...which many middle class
people did since it was a source of wealth that the rich wanted to get
their greedy hands on.

WTF?

On 21/07/2010 12:32 AM, Califbill wrote:


"Canuck57" wrote in message
...
On 20/07/2010 9:08 PM, Califbill wrote:


"bpuharic" wrote in message
...
On Tue, 20 Jul 2010 19:20:56 -0400, wrote:

On Tue, 20 Jul 2010 17:07:55 -0400, bpuharic wrote:

and there as many HF managers who saw this coming as economists

MOST hedge fund managers were betting against housing in 2007, that is
what hedge funds do.

except, of course, they told no one. the fine against goldman sachs
that depressed their first quarter earnings was for exactly this type
of screwing around


BTW I was reading an old Fortune magazine at Jury duty today (jan/feb
2010) and they had a list of the funds that did get it right this
year, one was up 265%. They also listed 1000 with their results for a
year and 3 years. I was looking at the Fidelity funds and most of them
were up this year, about half up over the last 3.
I guess I will dig out my 401k statement and see how it really did.
I know the last time I looked it was double what it was when I stopped
contributing in 1996.

too bad the right wing destroyed the pension system in this country
and let the rich replace it with 401k's.



For those of in demand for jobs, 401k's were great. I was with NCR for
17.5 years. Defined benefit plan and I get $234 a month when I turned
65. Other than one company, TI, I never would have got a pension. As did
not stay long enough to be vested. I did startups and small companies
mostly. Still get head hunters calls and I have been retired 8 years.
That 401K match or extra allowed me to have a large retirement backup.
Luckily the non retirement investments, and SS pay for my retirement
costs, so the 401K money still keeps growing. I invested in less risk
items in the IRA's etc. So did not lose the 60% you did. I figured out
that I have to watch out for myself. As I am the one most interested in
my money. Tip: Invest in oil health and sin. They always seem to pay. In
2002 I bought MO. I think it was Loogie who said bad investment. Bad
advice. Still pays near 5% dividend and value has gone up at least 300%.
I am against smoking, but have no qualms about profiting on people
burning up money.

I had MO in 1996 in the low 20's, sweet dividend too. And sold in
about the $55 range in 2004 when I started my exist out of USD. Was a
sweet ride. Might be a good buy here, but figure if I wait, might snag
it at $17 or so. Not liking the numbers I see heading into the fall.

--

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

MO has divested of Kraft, so I now have KFT. And MO is only part of
Altria now. They split the company and formed a European company.
Protects them from all the US lawsuits. Separate company. so now that
$55 mo is $21 MO 6.5% div, $51 PM 4.6% div, and some KFT $29 and 4% div.
Bought some HCP only pays 5% now. But was a $13 stock and paying 11% in
2002. But split 2:1 in 2004 and is now $31. Put those stocks in the
IRA's. High dividend REIT's, etc.

Didn't know that. Haven't followed them much since they also let go of
Miller Brewing company. They had well run financial group which
attracted me, but began selling all financial stuff in 2004. Have only
dipped in a few forgn banks in the last year, for profit of course.

Should take another look...
--

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