Home |
Search |
Today's Posts |
|
#1
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
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? Takes years to get reasonably good at it but the payout 10 years down the road is quite good. -- Government has liberals, idealists and lawyers, but where is the common sense? |
#2
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
On Sun, 18 Jul 2010 20:24:45 -0600, Canuck57
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 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? |
#3
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
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? |
#4
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
On Sun, 18 Jul 2010 23:01:16 -0600, Canuck57
wrote: On 18/07/2010 9:03 PM, bpuharic wrote: On Sun, 18 Jul 2010 20:24:45 -0600, wrote: 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. IOW give up working for a lving. me and 100M americans all becoming stockbrokers uh huh 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. more right wing bull**** The market lost the trillions as the ecomomic outlook of debt, government overspending, funny. bush took a budget surplus and ****ed it away on a useless war but he's white and rich. obama's black so that's where your hatred goes Classic... And if your broker or fund manager isn't into this, fire the idiots. more right wing bull**** not a single 401K manager has beat the market in the last 3 years. Under Obama, history will repeat as Obama didn't take much "American" history and thus doomed to repeat. only if they take your advice. then a depression is guaranteed. |
#5
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
"bpuharic" wrote in message ... snip not a single 401K manager has beat the market in the last 3 years. snip First of all, YOU and all participants are the managers of of 401K plans within what is offered by your company. Go to the link below and plug in "Up more than 0%" for the 3 year return option of the screener. The other entries remain in the default setting. http://screen.yahoo.com/funds.html You will see that there are many funds that have a positive return over the past three years. I'm sure some of these funds are available to some 401K plans, maybe not yours. So a smart 401K "manager" would have had an increase. And that doesn't count the companies contribution. |
#6
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
On Mon, 19 Jul 2010 03:08:07 -0400, "D.Duck" wrote:
"bpuharic" wrote in message .. . snip not a single 401K manager has beat the market in the last 3 years. snip First of all, YOU and all participants are the managers of of 401K plans within what is offered by your company. irreleevant. show me a 401K funds manager that's beating the market with a positive rate of return over the last 2 years... Go to the link below and plug in "Up more than 0%" for the 3 year return option of the screener. The other entries remain in the default setting. 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. |
#7
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
"bpuharic" wrote in message ... On Mon, 19 Jul 2010 03:08:07 -0400, "D.Duck" wrote: "bpuharic" wrote in message . .. snip not a single 401K manager has beat the market in the last 3 years. snip First of all, YOU and all participants are the managers of of 401K plans within what is offered by your company. irreleevant. show me a 401K funds manager that's beating the market with a positive rate of return over the last 2 years... Go to the link below and plug in "Up more than 0%" for the 3 year return option of the screener. The other entries remain in the default setting. 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. I'm not confused. When I was working the 401K I had options to invest in. There was a group of mutual funds, some government obligations and a GUARANTEED interest option. If you, THE MANAGER, selected the guaranteed interest option you would not have lost a penny in the last three years. Or "I" could select a single mutual fund for my money. If you work for a company that makes these choices for you, maybe it's time for a new job with more liberal selection policies. YOU are the MANAGER within the selections offered by your employer. |
#8
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
bpuharic wrote:
On Mon, 19 Jul 2010 03:08:07 -0400, wrote: wrote in message ... snip not a single 401K manager has beat the market in the last 3 years. snip First of all, YOU and all participants are the managers of of 401K plans within what is offered by your company. irreleevant. show me a 401K funds manager that's beating the market with a positive rate of return over the last 2 years... Go to the link below and plug in "Up more than 0%" for the 3 year return option of the screener. The other entries remain in the default setting. 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. |
#9
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
On Jul 18, 11:03*pm, bpuharic wrote:
On Sun, 18 Jul 2010 20:24:45 -0600, Canuck57 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 Trading all the time you spend ranting here on the internet for learning to invest would get you quite an education. But it *is* easier to whine in lower case than to take responsibility for yourself. |
#10
posted to rec.boats
|
|||
|
|||
ah, yes, the latest on my company 401K
On Mon, 19 Jul 2010 06:13:24 -0700 (PDT), Jack
wrote: On Jul 18, 11:03*pm, bpuharic wrote: On Sun, 18 Jul 2010 20:24:45 -0600, Canuck57 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 Trading all the time you spend ranting here on the internet for learning to invest would get you quite an education. it already did. it taught me never to trust a conservative But it *is* easier to whine in lower case than to take responsibility for yourself. like i say...i did take responsibility...i'll continue to spread the word about how conservatism is a learning disability |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Obama and the SEIU want to nationalize your 401K | General | |||
( OT) Known by the company you keep | General | |||
Known by the company you keep | General | |||
3 company 2 | ASA | |||
looking for company | General |