|
ah, yes, the latest on my company 401K
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 |
ah, yes, the latest on my company 401K
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 |
ah, yes, the latest on my company 401K
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. |
ah, yes, the latest on my company 401K
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 |
ah, yes, the latest on my company 401K
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? |
ah, yes, the latest on my company 401K
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 |
ah, yes, the latest on my company 401K
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*? |
ah, yes, the latest on my company 401K
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? |
ah, yes, the latest on my company 401K
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? |
ah, yes, the latest on my company 401K
On 21/07/2010 4:12 AM, bpuharic wrote:
On Tue, 20 Jul 2010 20:08:42 -0700, "Califbill" wrote: wrote in message ... On Tue, 20 Jul 2010 19:20:56 -0400, wrote: 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. no one cares about you. there are 100,000,000 americans who are as self absorbed as you are. less than 50% of companies even have a pension plan. and with the massive turnovers in jobs, no one stays at a company long enough to collect a pension. the right has, at every turn, gutted the ability of the middle class to earn a living wage or have a decent retirement No one cares about you. Just a pest interupting a good conversation. Like a rude liberal sleeze. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 21/07/2010 3:26 PM, bpuharic wrote:
On Wed, 21 Jul 2010 09:51:31 -0700, "Califbill" wrote: wrote in message ... On Tue, 20 Jul 2010 20:08:42 -0700, "Califbill" wrote: no one cares about you. there are 100,000,000 americans who are as self absorbed as you are. less than 50% of companies even have a pension plan. and with the massive turnovers in jobs, no one stays at a company long enough to collect a pension. the right has, at every turn, gutted the ability of the middle class to earn a living wage or have a decent retirement Yup, no one cares about you and your finances. Even your 401k manager. absolutely true. but i care about the 100M americans in similar shape, and how the right wing continues to sell us down the river So you better learn to care for yourself. gee. guess you haven't noticed i am. first step destroy the rigth wing. THAT is taking care of myself! As my TI in USAF basic said, if you can not take care of yourself, you can not take care of your buddy. And those job changes and no able to vest in a pension makes 401k's even better. As Gretwell says, look at your choices. The middle class has a living wage. bull****. it DIDNT have a living wage. THAT'S the problem! it hasnt had a real wage increase on 10 years. any other fairy tales you want to spread? By definition they live in the middle. The problem you babyboomers / GenXers have decided that a living wage is $200,000 a year. You have to be able to afford a nice couple cars, nice boat, 3000 sq ft. home, and a 3 week vacation in some really nice 4 star place. You are in error. ah. blame the middle class. that's the right wing solution to everyting. protect the rich blame the middle class CalifBill said it right, no one gives a crap that you lost. And you lost because you were stupid. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
John H wrote:
On Wed, 21 Jul 2010 06:17:55 -0400, wrote: On Tue, 20 Jul 2010 20:05:16 -0600, wrote: On 20/07/2010 7:52 PM, 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. Give me a break, I probably pay more in taxes than you make gross. you're probably right. you wealthy folks usually are very arrogant about your socialistic entitlements 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 Let me correct you, bpuharic was not up to the challenge, got greedy and made bad investments or perhaps in debt up to his ass never really saved more than $40. ah. so 100,000,000 americans are named 'bpuharic' since we all lost our shirts aggregate wealth in the US was 65 trillion in 2005 today it's 55 trillion do you think i, personally, lost 10 trillion? if not, you have a bit of explaining to do. Did your 401K not have a money market? Don't they all? |
ah, yes, the latest on my company 401K
On 20/07/2010 11:25 PM, 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) Mine sure did, over the last 3 years, 89%. Yep, for each $1 in it is now $1.86. And I know it isn't contributions as I haven't put any in in 3 years. Didn't hurt much I was 90% in cash Sept 2008. ;) -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
bpuharic wrote:
On Wed, 21 Jul 2010 18:00:59 -0400, wrote: On Wed, 21 Jul 2010 17:30:45 -0400, wrote: On Wed, 21 Jul 2010 05:36:12 -0500, wrote: bpuharic wrote: ah. so 100,000,000 americans are named 'bpuharic' since we all lost our shirts I'm still curious about the "100,000,000 middle class." Can you pick that group from here? http://sociology.ucsc.edu/whorulesam...er/wealth.html Can't seem to break any of the charts down to get 100,000,000 in a group. But I didn't try too hard. Seems the groups here are 1, 19, and 80 percent. let's see....there are 115,000,000 working americans. about 80% make less than 100K. looks good to me. Most of those people are not "middle class". Half of them don't even make enough money to pay income tax. ah yes, the right wing mantra...they dont pay 'income' taxes....so they're worthless guess what, sport. the wealthy dont pay taxes AND they dont work. they get govt socialism to pay for their wasted spending of $6000 umbrella stands while the middle class pays taxes...sales taxes, FICA taxes, state tax, etc. so your rich buddies are the real criminals. not th emiddle class By the definition of middle class established here ($125K - $250K) it is more like several million. nobody who makes 250K is middle class. Your situation and paranoia will lead you to an early grave if you don't relax. Try turning your computer off for a week, or two. |
ah, yes, the latest on my company 401K
On 21/07/2010 6:07 PM, bpuharic wrote:
On Mon, 19 Jul 2010 21:58:55 -0600, 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 Will not get hanged. Maybe you will if you don't pay down those debts. Debtor court might make a comeback you know. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 21/07/2010 6:04 PM, bpuharic wrote:
On Tue, 20 Jul 2010 19:04:59 -0400, 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 You wouldn't list, it was there in plain view. Ron Paul for example. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 21/07/2010 4:15 AM, 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. No, you mean the envious greedy slugs like yourself and de-fumer. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 21/07/2010 6:03 PM, Larry wrote:
bpuharic wrote: On Tue, 20 Jul 2010 19:06:17 -0400, wrote: bpuharic wrote: On Tue, 20 Jul 2010 05:03:58 -0400, "Charles C." wrote: if, however, you're a baby boomer, well that's a different story CC So, in other words, I should be screaming and bitching about the "loss" of money that I never earned or had. I see. Starting to understand how the left thinks. 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'm going to try to guess what you meant to say... Loan applications usually are interested in liquid assets. 401K accounts don't count. I ralize they can be liquidated but loan officers aren't interested in that. Even if you can't touch a 401k in bankruptcy, a healthy for your age 401k or IRA balance shows your not a fly by night loser. That is, if you were 50 and didn't have a 401k/IRA, I would count that against you big time. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 21/07/2010 6:07 PM, Larry wrote:
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*? Good one, he probably lost his balls too. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:03:21 -0400, bpuharic wrote:
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 Well, did your 401K have a money market, or not. Simple question. If you lost all your money through negiligence, when a money market was readily available, then you shouldn't be blaming anyone but yourself. It's called 'personal responsibility'. Of course, to a liberal them's fightin' words. -- John H |
ah, yes, the latest on my company 401K
On 21/07/2010 4:36 AM, Jim wrote:
bpuharic wrote: ah. so 100,000,000 americans are named 'bpuharic' since we all lost our shirts I'm still curious about the "100,000,000 middle class." Can you pick that group from here? http://sociology.ucsc.edu/whorulesam...er/wealth.html Can't seem to break any of the charts down to get 100,000,000 in a group. But I didn't try too hard. Seems the groups here are 1, 19, and 80 percent. Jim - Curious Might have picked it up from one of my posts. While the USA has 333 million or so people, only 100 million actually work in non-government and actually pay meaningful taxes. About 30%. So take students (all ages), retirees, welfare, bums, disabled, military, government -- they outvote non-governemtn workers. Which is where the left has its power. And why Obama is always shooting his mouth off appeasing the lower class. If I had a liberal-leftie in the house, I would throw them out and tell tehm to get a job. 6 months later, what are all these deductions? I would reply, the socialistic hen peckers getting what they can steal. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:06:53 -0400, bpuharic wrote:
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 OK, so we're not 'rich', just middle class. Yet, we aren't whining and complaining about how the 'rich' took all our money. Do you ever wonder about that? 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 believe we, the middle class, just want to give money away? 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 Gosh, there's only one here doing all the whining about the money he lost. 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? Did you really need a crystal ball to know what a money market was? -- John H |
ah, yes, the latest on my company 401K
On 7/21/10 8:24 PM, Canuck57 wrote:
On 20/07/2010 11:25 PM, 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) Mine sure did, over the last 3 years, 89%. Yep, for each $1 in it is now $1.86. That's surely the value of your portfolio... $1.86....Canadian. |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 18:22:20 -0600, Canuck57
wrote: On 21/07/2010 3:26 PM, bpuharic wrote: On Wed, 21 Jul 2010 09:51:31 -0700, "Califbill" wrote: bull****. it DIDNT have a living wage. THAT'S the problem! it hasnt had a real wage increase on 10 years. any other fairy tales you want to spread? By definition they live in the middle. The problem you babyboomers / GenXers have decided that a living wage is $200,000 a year. You have to be able to afford a nice couple cars, nice boat, 3000 sq ft. home, and a 3 week vacation in some really nice 4 star place. You are in error. ah. blame the middle class. that's the right wing solution to everyting. protect the rich blame the middle class CalifBill said it right, no one gives a crap that you lost. And you lost because you were stupid. no, i lost because i was middle class. you seem to forget that there are 100M in the same shape i'm in but, then, you're right wing. the problems of the middle class dont interest you at all. not a bit |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 18:20:32 -0600, Canuck57
wrote: On 21/07/2010 4:12 AM, bpuharic wrote: On Tue, 20 Jul 2010 20:08:42 -0700, "Califbill" wrote: the right has, at every turn, gutted the ability of the middle class to earn a living wage or have a decent retirement No one cares about you. Just a pest interupting a good conversation. Like a rude liberal sleeze. of COURSE you dont care about the middle class. to you, only the rich are important. only the weathy |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:09:47 -0400, Larry wrote:
From the same psycho who said no one in the middle class has had a raise in ten years? you are SUCH an idiot i'm sure you'll check this website. it'll blow your fuses when you realize you're full of ****. then you'll turn on rush, he'll tell you all the little lies that the right uses to comfort themselves and you'll stick your thumb in your mouth and go to sleep, confident that the rich are doing well http://andrewsullivan.theatlantic.co...the-day-6.html go ahead. tell me how the middle class hasnt had a raise in 27 years while, in the same time, the wealthiest 1% has had a 500% increase. go head. i'll wait |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 18:27:23 -0600, Canuck57
wrote: On 21/07/2010 6:07 PM, bpuharic wrote: On Mon, 19 Jul 2010 21:58:55 -0600, wrote: 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 Will not get hanged. Maybe you will if you don't pay down those debts. Debtor court might make a comeback you know. how they gonna put the entire american middle class in jail? |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:38:02 -0400, John H
wrote: On Wed, 21 Jul 2010 20:03:21 -0400, bpuharic wrote: On Tue, 20 Jul 2010 20:28:37 -0400, John H wrote:y, too! I've noticed he won't answer a straightforward question. you call it straightforward i call it useless Well, did your 401K have a money market, or not. yes. Simple question. If you lost all your money through negiligence, when a money market was readily available, then you shouldn't be blaming anyone but yourself. ah. negligence. me. 100,000,000 other americans. alan greenspan. nobel prize winner milton friedman yes. you right wingers will spin the bull**** any way you can to make sure the rich escape responsibility It's called 'personal responsibility'. no, it's called wall street greed. you just cant wrap your pointy head around the fact wall street is a criminal enterprise |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 18:29:05 -0600, Canuck57
wrote: On 21/07/2010 6:04 PM, bpuharic wrote: On Tue, 20 Jul 2010 19:04:59 -0400, 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 You wouldn't list, it was there in plain view. Ron Paul for example yeah. the same guy who told us the jews were planning to take over the world that the ron paul you talking about? |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:42:10 -0400, John H
wrote: On Wed, 21 Jul 2010 20:06:53 -0400, bpuharic wrote: 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 OK, so we're not 'rich', just middle class. Yet, we aren't whining and complaining about how the 'rich' took all our money. Do you ever wonder about that? of COURSE you're not whining. you have your little right wing myths about how america is SSOOOO special...we take care of the rich and they'll take care of us. why not check this out? http://andrewsullivan.theatlantic.co...the-day-6.html how has the middle class done? how have the rich done? let me know when you take your jaw off the floor. 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 Gosh, there's only one here doing all the whining about the money he lost. uh huh. why not try selling your right wing bull**** to your neighbors. tell 'em what a great job wall street's done in the last 2 years 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? Did you really need a crystal ball to know what a money market was? do you ever read a newspaper? are you aware there's a depression on? no. i guess not. rush hasnt let you in on it yet |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:11:33 -0400, Larry wrote:
bpuharic wrote: On Tue, 20 Jul 2010 22:27:41 -0400, wrote: 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? because you can sign an agreeement to give them access to your 401K. i didnt have to because my credit score is VERY high...but it's an option but you're living at motel 6 so you're unaware of this |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:03:06 -0400, Larry wrote:
bpuharic wrote: On Tue, 20 Jul 2010 19:06:17 -0400, wrote: 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'm going to try to guess what you meant to say... Loan applications usually are interested in liquid assets. 401K accounts don't count. I ralize they can be liquidated but loan officers aren't interested in that. 401k's are liquid assets if you take a tax penalty not too bright, are you? and what makes you think loan officers arent interested in money? |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 18:34:56 -0600, Canuck57
wrote: On 21/07/2010 6:07 PM, Larry wrote: Canuck57 wrote: On 20/07/2010 8:07 PM, bpuharic wrote: On Tue, 20 Jul 2010 20:01:34 -0600, wrote: 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*? Good one, he probably lost his balls too. why? am i ready to run for office for the GOP? |
ah, yes, the latest on my company 401K
|
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:26:07 -0400, Larry wrote:
bpuharic wrote: On Wed, 21 Jul 2010 18:00:59 -0400, wrote: By the definition of middle class established here ($125K - $250K) it is more like several million. nobody who makes 250K is middle class. Your situation and paranoia will lead you to an early grave if you don't relax. Try turning your computer off for a week, or two. IOW try religion...the opiate of the people? just sit back and let the rich folks have their way? that's good for right wing sheep. not for people who think |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 18:41:08 -0600, Canuck57
wrote: O About 30%. So take students (all ages), retirees, welfare, bums, disabled, military, government -- they outvote non-governemtn workers. Which is where the left has its power. And why Obama is always shooting his mouth off appeasing the lower class. to the right, anyone one who works is lower class. and a black guy who says anything except 'do you want a mirror shine on your shoes' is speaking above his station |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:04:43 -0400, Larry wrote:
bpuharic wrote: On Tue, 20 Jul 2010 19:00:38 -0400, wrote: 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. you mean the wall street hedgefund managers? |
ah, yes, the latest on my company 401K
|
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 21:35:19 -0400, wrote:
On Wed, 21 Jul 2010 21:10:34 -0400, bpuharic wrote: On Wed, 21 Jul 2010 21:02:38 -0400, wrote: On Wed, 21 Jul 2010 20:06:53 -0400, bpuharic wrote: 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? I sold a lot of stock in 2006, you should have asked me. I sold off my home builder stock in 2004. I am actually swimming in that money (my pool) gee. too bad most m iddle class americans will have to work 'til they're 70 Only the dumb ones. I retired when I was 49 but I did have a little hobby job for a few years after that. so 100M americans are dumb you right whiners think your little fairy tales have an impact on the middle class. wrong |
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