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#2
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posted to rec.boats
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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? |
#3
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posted to rec.boats
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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 |
#4
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posted to rec.boats
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bpuharic wrote:
On Wed, 21 Jul 2010 20:09:47 -0400, 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 Look up "inflation adjusted" and get back to me. You are also comparing the entire "middle class" to the wealthiest *1%*!?!? |
#5
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posted to rec.boats
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On Thu, 22 Jul 2010 19:33:50 -0400, Larry wrote:
bpuharic wrote: On Wed, 21 Jul 2010 20:09:47 -0400, wrote: 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 Look up "inflation adjusted" and get back to me. You are also comparing the entire "middle class" to the wealthiest *1%*!?!? uh no. let I be income let t be time i'm NOT comparing I(middle class) to I(rich) i'm comparing dI(middle class)/dt to dI(rich)/dt wihich shows the middle class have grabbed every freakin' dime for themselves and STARVED the middle class |
#6
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posted to rec.boats
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bpuharic wrote:
On Thu, 22 Jul 2010 19:33:50 -0400, wrote: bpuharic wrote: On Wed, 21 Jul 2010 20:09:47 -0400, wrote: 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 Look up "inflation adjusted" and get back to me. You are also comparing the entire "middle class" to the wealthiest *1%*!?!? uh no. let I be income let t be time i'm NOT comparing I(middle class) to I(rich) i'm comparing dI(middle class)/dt to dI(rich)/dt wihich shows the middle class have grabbed every freakin' dime for themselves and STARVED the middle class WTF? |
#7
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posted to rec.boats
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On Fri, 23 Jul 2010 21:07:06 -0400, Larry wrote:
bpuharic wrote: On Thu, 22 Jul 2010 19:33:50 -0400, wrote: i'm NOT comparing I(middle class) to I(rich) i'm comparing dI(middle class)/dt to dI(rich)/dt wihich shows the middle class have grabbed every freakin' dime for themselves and STARVED the middle class WTF? typo...the rich have grabbed... |
#8
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posted to rec.boats
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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? |
#9
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posted to rec.boats
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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. |
#10
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posted to rec.boats
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Harry  wrote:
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. Surely. |
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