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ah, yes, the latest on my company 401K
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... |
ah, yes, the latest on my company 401K
|
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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
"Canuck57" wrote in message ... On 18/07/2010 12:16 PM, bpuharic wrote: On Sun, 18 Jul 2010 13:49:21 -0400, wrote: On Sun, 18 Jul 2010 12:37:59 -0400, 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. Your 401k is not 10 trillion in debt it's certainly part of it. 14 trillion dollars in equity wiped out by right wing greed BTW if your fund manager has any brains at all he bought this market blah blah blah. find me a 401K that's doing well, OK? which is it? fidelity? shearson? magellan? IOW you're just spouting bull****. My meager little portfolio is making about 30% since 1q09, fine. when you become 100M middle class americans, you be sure and let me know, OK? again...the question: which 401K funds manager...magellan, shearson, chase, etc...is doing better today than in 2006? go ahead. take your time I guess you don't have the right mondset. Money is attracted to those who know how to manage it. I knew you felt betrayed by the system. Now I know why. |
ah, yes, the latest on my company 401K
"Canuck57" wrote in message ... 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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? Dumb investor is what Occam's razor would say. |
ah, yes, the latest on my company 401K
On 7/18/10 5:55 PM, nom=de=plume wrote:
"Canuck57" wrote in message ... 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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? Dumb investor is what Occam's razor would say. Canuck's investment portfolio is up 4%, or 40 cents...Canadian. |
ah, yes, the latest on my company 401K
"Harry " wrote in message ... On 7/18/10 5:55 PM, nom=de=plume wrote: "Canuck57" wrote in message ... 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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? Dumb investor is what Occam's razor would say. Canuck's investment portfolio is up 4%, or 40 cents...Canadian. Hey, he's RICH beyond his wildest dreams!! |
ah, yes, the latest on my company 401K
On 18/07/2010 7:31 PM, nom=de=plume wrote:
"Harry " wrote in message ... On 7/18/10 5:55 PM, nom=de=plume wrote: "Canuck57" wrote in message ... 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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? Dumb investor is what Occam's razor would say. Canuck's investment portfolio is up 4%, or 40 cents...Canadian. Hey, he's RICH beyond his wildest dreams!! Sort of, it was a good week last week, $35k++. But admit, last week was good. Capital gains too, sweet. And you? Pretty bad when my accountant called me up and asked me why do I work... and you are still looking for work. Best part about being a get off your ass as a conservative-libertarian, is I didn't spend 30+ years waiting for government to cover my ass. And now get the rewards while people like you are suffering from envy and greed myopia. Since reasoning with you is a waste of time, I laugh at you. -- Government has liberals, idealists and lawyers, but where is the common sense? |
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? |
ah, yes, the latest on my company 401K
On Sun, 18 Jul 2010 14:51:17 -0600, Canuck57
wrote: On 18/07/2010 12:16 PM, bpuharic wrote: On Sun, 18 Jul 2010 13:49:21 -0400, wrote: fine. when you become 100M middle class americans, you be sure and let me know, OK? again...the question: which 401K funds manager...magellan, shearson, chase, etc...is doing better today than in 2006? go ahead. take your time I guess you don't have the right mondset. Money is attracted to those who know how to manage it. if that's true why has the US economy collapsed. you mean to tell me there's NO ONE in the US who knows how to mamage money?? you sure are stupid |
ah, yes, the latest on my company 401K
On Sun, 18 Jul 2010 14:49:51 -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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. no one gives a **** about you. there are 100,000,000 americans who arent you get used to it |
ah, yes, the latest on my company 401K
On Sun, 18 Jul 2010 19:50:30 -0600, Canuck57
wrote: Best part about being a get off your ass as a conservative-libertarian, is I didn't spend 30+ years waiting for government to cover my ass. And now get the rewards while people like you are suffering from envy and greed myopia. Since reasoning with you is a waste of time, I laugh at you. IOW he thinks 100M middle class americans are lazy. yep. he's right wing alright |
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? |
ah, yes, the latest on my company 401K
"Canuck57" wrote in message ... On 18/07/2010 7:31 PM, nom=de=plume wrote: "Harry " wrote in message ... On 7/18/10 5:55 PM, nom=de=plume wrote: "Canuck57" wrote in message ... 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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? Dumb investor is what Occam's razor would say. Canuck's investment portfolio is up 4%, or 40 cents...Canadian. Hey, he's RICH beyond his wildest dreams!! Sort of, it was a good week last week, $35k++. But admit, last week was good. Capital gains too, sweet. And you? Pretty bad when my accountant called me up and asked me why do I work... and you are still looking for work. You're a congenital liar. You haven't made $35K in your entire life. You don't have an accountant, unless you count your right hand when it isn't busy with other things. Best part about being a get off your ass as a conservative-libertarian, is I didn't spend 30+ years waiting for government to cover my ass. And now get the rewards while people like you are suffering from envy and greed myopia. Since reasoning with you is a waste of time, I laugh at you. You wouldn't know "reasoning" if it bit you. Feel free to laugh, but try not to mix it with tears. |
ah, yes, the latest on my company 401K
On 18/07/2010 9:02 PM, bpuharic wrote:
On Sun, 18 Jul 2010 19:50:30 -0600, wrote: Best part about being a get off your ass as a conservative-libertarian, is I didn't spend 30+ years waiting for government to cover my ass. And now get the rewards while people like you are suffering from envy and greed myopia. Since reasoning with you is a waste of time, I laugh at you. IOW he thinks 100M middle class americans are lazy. yep. he's right wing alright I would say lethargic, but lazy will do. Many like you waste time and energy blaming Bush when you should be learning how to manage your own money. Sooner or later you will realize Bush and Obama are just chess pieces on the board game called life. All you have to do is figure out how the game is going and profit. Too many people also drunk on debt. Including government. Here is rule one of being truly "rich". (as opposed to paper tigers) 1) Get out of debt as fast as possible. Debt, especially if misused is evil to your wealth. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 18/07/2010 9:42 PM, nom=de=plume wrote:
"Canuck57" wrote in message ... On 18/07/2010 7:31 PM, nom=de=plume wrote: "Harry " wrote in message ... On 7/18/10 5:55 PM, nom=de=plume wrote: "Canuck57" wrote in message ... 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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? Dumb investor is what Occam's razor would say. Canuck's investment portfolio is up 4%, or 40 cents...Canadian. Hey, he's RICH beyond his wildest dreams!! Sort of, it was a good week last week, $35k++. But admit, last week was good. Capital gains too, sweet. And you? Pretty bad when my accountant called me up and asked me why do I work... and you are still looking for work. You're a congenital liar. You haven't made $35K in your entire life. You don't have an accountant, unless you count your right hand when it isn't busy with other things. You wish. Keep voting Obama, as it helps keep those democrats screwing up the economy for my profit. Look at this one, wouldn't it have been sweet to be in at say 75 cents to $1.25? see the little jump at the end? http://finance.yahoo.com/echarts?s=U...=0;logscale=on But too late for this one. But a lovely ride. See October/November low, that was when Obama looked like he was going to win and did... sweet. So did I. And only one of many... Oh-bama!!! Best part about being a get off your ass as a conservative-libertarian, is I didn't spend 30+ years waiting for government to cover my ass. And now get the rewards while people like you are suffering from envy and greed myopia. Since reasoning with you is a waste of time, I laugh at you. You wouldn't know "reasoning" if it bit you. Feel free to laugh, but try not to mix it with tears. Haven't got a job yet? -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 18/07/2010 9:01 PM, bpuharic wrote:
On Sun, 18 Jul 2010 14:49:51 -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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. no one gives a **** about you. My family does. But outside of that you are 100% RIGHT! And I realize that. Same can be said of you, provided you treat your family right. No one cares about other people, sure, lots like to think so and once and awhile you really do find one that is a nice human being. But I know you haven't matured enough to that level. there are 100,000,000 americans who arent you get used to it Aren't you what? Cat got your tongue? Oh, you mean 100m taxpayers... that are not me. Yep, 100m individuals, all like rats a scratching for the cheese. Amazing actually how it works. Keep running on the wheel, around and around it goes. No raise in 10 years and down 10% in the last year...wow...you should re-evaluate your attitude and tactics. -- Government has liberals, idealists and lawyers, but where is the common sense? |
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? |
ah, yes, the latest on my company 401K
|
ah, yes, the latest on my company 401K
On Sun, 18 Jul 2010 22:18:25 -0600, Canuck57
wrote: On 18/07/2010 9:02 PM, bpuharic wrote: On Sun, 18 Jul 2010 19:50:30 -0600, wrote: IOW he thinks 100M middle class americans are lazy. yep. he's right wing alright I would say lethargic, but lazy will do. Many like you waste time and energy blaming Bush when you should be learning how to manage your own money. now the right wng blames 100M americans...not the rich folks on wall street...in spite of the fact it was wall street NOT main street that sucked 14 trillion out of the economy in the last 2 years Sooner or later you will realize Bush and Obama are just chess pieces on the board game called life. All you have to do is figure out how the game is going and profit. gee. buy low. sell high. what a genius Too many people also drunk on debt. Including government. the reason middle class american is drunk on debt is we havent had a pay increase in 10 years. middle class wages havent increased in 10 years as the rich took ALL of the productivity increase in the last 10 years for themselves and gave NONE of it in pay increases. that's why the middle class isnt spending you mmoron |
ah, yes, the latest on my company 401K
On Sun, 18 Jul 2010 22:39:26 -0600, Canuck57
wrote: On 18/07/2010 9:01 PM, bpuharic wrote: On Sun, 18 Jul 2010 14:49:51 -0600, wrote: wall street just keeps giving it to the american people...and taking it... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. no one gives a **** about you. My family does. But outside of that you are 100% RIGHT! And I realize that. Same can be said of you, provided you treat your family right. No one cares about other people, sure, lots like to think so and once and awhile you really do find one that is a nice human being. But I know you haven't matured enough to that level. fine. you let me know when you become 100M hard working americans you think americans are all lazy. you're just another right winger who hates a black president there are 100,000,000 americans who arent you get used to it Aren't you what? Cat got your tongue? Oh, you mean 100m taxpayers... that are not me. Yep, 100m individuals, all like rats a scratching for the cheese. Amazing actually how it works. more hatred for hard working america Keep running on the wheel, around and around it goes. No raise in 10 years and down 10% in the last year...wow...you should re-evaluate your attitude and tactics. already done. you just cant help it that it includes distrust of the rich to you the rich are infallible gods. you have more faith in the rich than a child has in santa claus it's quite touching...and pathetic |
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. |
ah, yes, the latest on my company 401K
"Canuck57" wrote in message ... On 18/07/2010 9:42 PM, nom=de=plume wrote: "Canuck57" wrote in message ... On 18/07/2010 7:31 PM, nom=de=plume wrote: "Harry " wrote in message ... On 7/18/10 5:55 PM, nom=de=plume wrote: "Canuck57" wrote in message ... 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... Still think you shoudl fire your manager. I am up 4%. I know, pretty bad compared to last year as I was up almost 30%. Lean times. -- Government has liberals, idealists and lawyers, but where is the common sense? Dumb investor is what Occam's razor would say. Canuck's investment portfolio is up 4%, or 40 cents...Canadian. Hey, he's RICH beyond his wildest dreams!! Sort of, it was a good week last week, $35k++. But admit, last week was good. Capital gains too, sweet. And you? Pretty bad when my accountant called me up and asked me why do I work... and you are still looking for work. You're a congenital liar. You haven't made $35K in your entire life. You don't have an accountant, unless you count your right hand when it isn't busy with other things. You wish. Keep voting Obama, as it helps keep those democrats screwing up the economy for my profit. Look at this one, wouldn't it have been sweet to be in at say 75 cents to $1.25? see the little jump at the end? http://finance.yahoo.com/echarts?s=U...=0;logscale=on But too late for this one. But a lovely ride. See October/November low, that was when Obama looked like he was going to win and did... sweet. So did I. And only one of many... Oh-bama!!! Best part about being a get off your ass as a conservative-libertarian, is I didn't spend 30+ years waiting for government to cover my ass. And now get the rewards while people like you are suffering from envy and greed myopia. Since reasoning with you is a waste of time, I laugh at you. You wouldn't know "reasoning" if it bit you. Feel free to laugh, but try not to mix it with tears. Haven't got a job yet? -- Government has liberals, idealists and lawyers, but where is the common sense? Haven't got a brain yet? Don't worry. It won't happen. |
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. |
ah, yes, the latest on my company 401K
wrote in message ... On Sun, 18 Jul 2010 23:03:13 -0400, bpuharic wrote: uh huh. if that's the case what happened to the 14 trillion wall street lost in equity over the last 3 years? A good percentage of it never existed in the first place. It was just paper that was traded like it had some kind of value (Derivatives and such). A good chunk has been made back The dow is over 10 again. If we could actually create some real jobs it would do better. The money that was made 2 years ago was made shorting the market. Since then there are quite a few stocks that have appreciated and if you trade stocks there was a quick $50 to be made on a share of Google in the last few weeks. I watched it but I didn't trade on it. Ah, stock trading, the pass time of the wicked. |
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. |
ah, yes, the latest on my company 401K
|
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. |
ah, yes, the latest on my company 401K
"bpuharic" wrote in message ... On Mon, 19 Jul 2010 01:18:48 -0400, wrote: On Sun, 18 Jul 2010 23:03:13 -0400, bpuharic wrote: uh huh. if that's the case what happened to the 14 trillion wall street lost in equity over the last 3 years? A good percentage of it never existed in the first place. It was just paper that was traded like it had some kind of value (Derivatives and such). absolutely agree...courtesy of the right wing groupthink that said 'turn the economy over to the free market and stop giving increases to the middle class'. I am curious. How much of the 14 trillion lost on Wall Street represents real money loses and not paper loses. I have very modest investments in the stock market that I started in 1999. Not a 401k. Just small investments that I manage myself. Don't spend much time watching them. Not a day trader type. The paper value of those investments right now is about four to five times the initial investment, despite the meltdown of 2008. I suppose I could complain that without the meltdown the stock values would be much higher, but I don't regard that as loses. Loses would mean the value of the investments today are less than the original deposit into the account. CC |
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. |
ah, yes, the latest on my company 401K
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 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? You are obviously suffering financially yet you still think the Dems are on your side? |
ah, yes, the latest on my company 401K
bpuharic wrote:
On Sun, 18 Jul 2010 22:18:25 -0600, wrote: On 18/07/2010 9:02 PM, bpuharic wrote: On Sun, 18 Jul 2010 19:50:30 -0600, wrote: IOW he thinks 100M middle class americans are lazy. yep. he's right wing alright I would say lethargic, but lazy will do. Many like you waste time and energy blaming Bush when you should be learning how to manage your own money. now the right wng blames 100M americans...not the rich folks on wall street...in spite of the fact it was wall street NOT main street that sucked 14 trillion out of the economy in the last 2 years Sooner or later you will realize Bush and Obama are just chess pieces on the board game called life. All you have to do is figure out how the game is going and profit. gee. buy low. sell high. what a genius Too many people also drunk on debt. Including government. the reason middle class american is drunk on debt is we havent had a pay increase in 10 years. middle class wages havent increased in 10 years as the rich took ALL of the productivity increase in the last 10 years for themselves and gave NONE of it in pay increases. that's why the middle class isnt spending you mmoron Why don't you drop your ISP and get another job, eh? |
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. |
ah, yes, the latest on my company 401K
D.Duck wrote:
"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. Well said. The key is to choose your investments based on your risk level and projected retirement date. Certain income funds are just as productive as money market funds. The NAV will vary - even drop for a while, but you are adding shares through reinvested dividends. |
ah, yes, the latest on my company 401K
"Larry" wrote in message
... 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. You'd think all the Limo Liberals here would get up a collection for poor bpuharic -- Harold |
ah, yes, the latest on my company 401K
Harold wrote:
wrote in message ... 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. You'd think all the Limo Liberals here would get up a collection for poor bpuharic Ya think he needs some wealth redistributed in his direction? From his rants it's apparent he wasn't able to fend for himself. |
ah, yes, the latest on my company 401K
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. |
ah, yes, the latest on my company 401K
On Mon, 19 Jul 2010 19:37:27 -0400, Larry wrote:
Certain income funds are just as productive as money market funds. The NAV will vary - even drop for a while, but you are adding shares through reinvested dividends. IOW buy low sell high who cudda guessed. |
ah, yes, the latest on my company 401K
On Mon, 19 Jul 2010 19:27:39 -0400, Larry wrote:
bpuharic wrote: 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. poor little rigth wng baby.whatsamatter? rush talk nasty to you ? |
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