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#1
posted to rec.boats
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On Wed, 16 Feb 2011 19:48:54 -0500, BAR wrote:
In article , says... bpuharic wrote: On Tue, 15 Feb 2011 07:41:29 -0500, wrote: the middle class hasnt had a pay increase in 35 years. that's the reason demand is low. no pay increases. and that's because the middle class has no unions Sure, Bob. Keep telling yourself that and don't forget to blame a street in New York for your financial problems. I just checked my 401k and it is up 4.3% this year already. Last year it was up 15.8%. Sucks to be me. do the math. how much do you have to GAIN to make up for a 35% LOSS like the average 401K lost in 2009? if you cant figure it out, i'll let you know and your 20% increase? i'll give you a hint: it's not enough |
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#2
posted to rec.boats
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bpuharic wrote:
On Wed, 16 Feb 2011 19:48:54 -0500, wrote: In , says... bpuharic wrote: On Tue, 15 Feb 2011 07:41:29 -0500, wrote: the middle class hasnt had a pay increase in 35 years. that's the reason demand is low. no pay increases. and that's because the middle class has no unions Sure, Bob. Keep telling yourself that and don't forget to blame a street in New York for your financial problems. I just checked my 401k and it is up 4.3% this year already. Last year it was up 15.8%. Sucks to be me. do the math. how much do you have to GAIN to make up for a 35% LOSS like the average 401K lost in 2009? if you cant figure it out, i'll let you know and your 20% increase? i'll give you a hint: it's not enough Look up dollar cost averaging. Many people, including me, made some outstanding buys when the market went to hell. |
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#4
posted to rec.boats
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On 2/18/11 8:25 AM, BAR wrote:
Sucks to be me. No doubt about it. |
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#5
posted to rec.boats
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In article , payer3389
@mypacks.net says... On 2/18/11 8:25 AM, BAR wrote: Sucks to be me. No doubt about it. 6 weeks into the year and 5.3% increase in value of my 401K. |
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#6
posted to rec.boats
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On Fri, 18 Feb 2011 19:02:35 -0500, BAR wrote:
In article , payer3389 says... On 2/18/11 8:25 AM, BAR wrote: Sucks to be me. No doubt about it. 6 weeks into the year and 5.3% increase in value of my 401K. So, Obama must be successfully destroying the economy! |
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#7
posted to rec.boats
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BAR wrote:
In article8OidnUCjGZmF6MPQnZ2dnUVZ_r2dnZ2d@earthlink .com, payer3389 @mypacks.net says... On 2/18/11 8:25 AM, BAR wrote: Sucks to be me. No doubt about it. 6 weeks into the year and 5.3% increase in value of my 401K. Despite Obama's policies! Imagine what they could really be without a spend, spend, spend, and tax POTUS? |
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#8
posted to rec.boats
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On Thu, 17 Feb 2011 19:25:52 -0500, L G wrote:
bpuharic wrote: On Wed, 16 Feb 2011 19:48:54 -0500, wrote: In , says... bpuharic wrote: On Tue, 15 Feb 2011 07:41:29 -0500, wrote: the middle class hasnt had a pay increase in 35 years. that's the reason demand is low. no pay increases. and that's because the middle class has no unions Sure, Bob. Keep telling yourself that and don't forget to blame a street in New York for your financial problems. I just checked my 401k and it is up 4.3% this year already. Last year it was up 15.8%. Sucks to be me. do the math. how much do you have to GAIN to make up for a 35% LOSS like the average 401K lost in 2009? if you cant figure it out, i'll let you know and your 20% increase? i'll give you a hint: it's not enough Look up dollar cost averaging. Many people, including me, made some outstanding buys when the market went to hell. look up how long it takes to recover from a 35% drop in an equity. you cant do the math, obviously. |
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#9
posted to rec.boats
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bpuharic wrote:
On Thu, 17 Feb 2011 19:25:52 -0500, L wrote: bpuharic wrote: On Wed, 16 Feb 2011 19:48:54 -0500, wrote: In , says... bpuharic wrote: On Tue, 15 Feb 2011 07:41:29 -0500, wrote: the middle class hasnt had a pay increase in 35 years. that's the reason demand is low. no pay increases. and that's because the middle class has no unions Sure, Bob. Keep telling yourself that and don't forget to blame a street in New York for your financial problems. I just checked my 401k and it is up 4.3% this year already. Last year it was up 15.8%. Sucks to be me. do the math. how much do you have to GAIN to make up for a 35% LOSS like the average 401K lost in 2009? if you cant figure it out, i'll let you know and your 20% increase? i'll give you a hint: it's not enough Look up dollar cost averaging. Many people, including me, made some outstanding buys when the market went to hell. look up how long it takes to recover from a 35% drop in an equity. you cant do the math, obviously. If you let it sit there and stare at it with your blind eyes it will take a lot of time to recover. If you open your wallet and but more when it's low you can make some serious bucks. I know the math very well. So does my accountant! Once again, blind man, look up dollar cost averaging before you post a lame response. |
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#10
posted to rec.boats
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On Fri, 18 Feb 2011 19:51:40 -0500, L G wrote:
bpuharic wrote: On Thu, 17 Feb 2011 19:25:52 -0500, L wrote: look up how long it takes to recover from a 35% drop in an equity. you cant do the math, obviously. If you let it sit there and stare at it with your blind eyes it will take a lot of time to recover. If you open your wallet and but more when it's low you can make some serious bucks. I know the math very well. So does my accountant! Once again, blind man, look up dollar cost averaging before you post a lame response. hey i work for a living. i did what the right wing said. i trusted wall street. the right said 'the RICH will protect you! if we cut taxes on the RICH that money will flow downhill to the worthless middle class' guess what. it didnt. |
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