On Mon, 19 Jul 2010 07:39:08 -0400, "D.Duck" wrote:


"bpuharic" wrote in message
.. .
On Mo


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.

ahem. let's see....the number of economists predicting this collapse
was about

5.

"bpuharic" wrote in message
...
On Mon, 19 Jul 2010 07:39:08 -0400, "D.Duck" wrote:


"bpuharic" wrote in message
. ..
On Mo


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.

ahem. let's see....the number of economists predicting this collapse
was about

5.


And what does that have to do with:

"not a single 401K manager has beat the market in the last 3 years."

On Tue, 20 Jul 2010 06:47:48 -0400, wrote:

On Mon, 19 Jul 2010 23:08:45 -0400, bpuharic wrote:

On Mon, 19 Jul 2010 07:39:08 -0400, "D.Duck" wrote:


ahem. let's see....the number of economists predicting this collapse
was about

5.

That may be right but "economists" are largely idiots from what I have
seen.

now THAT is true...

Thee were plenty of hedge fund managers who saw this coming.
Ever hear of the Goldman Sachs thing?
I know for a fact Andy Hannigan at Centex Homes knew this was coming
as early as 2q07. They were pulling back by then.

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

On 20/07/2010 3:07 PM, bpuharic wrote:
On Tue, 20 Jul 2010 06:47:48 -0400, wrote:

On Mon, 19 Jul 2010 23:08:45 -0400, wrote:

On Mon, 19 Jul 2010 07:39:08 -0400, wrote:


ahem. let's see....the number of economists predicting this collapse
was about

5.

That may be right but "economists" are largely idiots from what I have
seen.

now THAT is true...

Thee were plenty of hedge fund managers who saw this coming.
Ever hear of the Goldman Sachs thing?
I know for a fact Andy Hannigan at Centex Homes knew this was coming
as early as 2q07. They were pulling back by then.

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

The earliest predictor I know of was Ron Paul, circa 2002 to 2004. I
listened and I watched. Huge reason that by 2004 I was well in the
swing of moving out of US equity and USDs. Going from 90% in US at 2002
to 12% in 2007. Saved me a lot of losses.

--

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

On Tue, 20 Jul 2010 17:47:37 -0600, Canuck57
wrote:

On 20/07/2010 3:07 PM, bpuharic wrote:
On Tue, 20 Jul 2010 06:47:48 -0400, wrote:

On Mon, 19 Jul 2010 23:08:45 -0400, wrote:

On Mon, 19 Jul 2010 07:39:08 -0400, wrote:


ahem. let's see....the number of economists predicting this collapse
was about

5.

That may be right but "economists" are largely idiots from what I have
seen.

now THAT is true...

Thee were plenty of hedge fund managers who saw this coming.
Ever hear of the Goldman Sachs thing?
I know for a fact Andy Hannigan at Centex Homes knew this was coming
as early as 2q07. They were pulling back by then.

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

The earliest predictor I know of was Ron Paul, circa 2002 to 2004.

when he wasnt advocating gassing jews...

I
listened and I watched. Huge reason that by 2004 I was well in the
swing of moving out of US equity and USDs. Going from 90% in US at 2002
to 12% in 2007. Saved me a lot of losses.

i wonder what else you listened to ron paul say...

know many jews?

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.

"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.

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?

"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.

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?