![]() |
|
I wasn't thinkin of retiring anyway
Well, all that money I put away in that plan is prob gone but I wasnt
thinking of retiring for another 15 yrs at least anyway. What the hell, work is fun. |
I wasn't thinkin of retiring anyway
|
I wasn't thinkin of retiring anyway
On Oct 7, 4:57 pm, Boater wrote:
wrote: Well, all that money I put away in that plan is prob gone but I wasnt thinking of retiring for another 15 yrs at least anyway. What the hell, work is fun. Except for some share I have held onto for sentimental reasons, I got out of the market a long time ago, when I finally realized it was a fraud, along with the accounting practices of large, publicly held corporations. It's really weird. back in early summer when things were going well with everybody else, I was cutting hours, going without pay and ready to shut down. Now, with all this financial meltdown, we have more business than we can easily do. I bet we get hit by all this about 3 months from now. |
I wasn't thinkin of retiring anyway
On Tue, 07 Oct 2008 16:57:30 -0400, Boater wrote:
wrote: Well, all that money I put away in that plan is prob gone but I wasnt thinking of retiring for another 15 yrs at least anyway. What the hell, work is fun. Except for some share I have held onto for sentimental reasons, I got out of the market a long time ago, when I finally realized it was a fraud, along with the accounting practices of large, publicly held corporations. That became a Ponzi scheme when they got into workers pockets via 401k's. Used to be a viable savings/retirement instrument with blue chips, but utilized mostly by the upper middle class and higher due to disposable income and risk. Before the 401k auto-extraction, equity investors could usually be identified by their dress - golfing shoes or yachting caps. When that garb became commonly worn by the populace, you knew something was out of whack. Too many golfers and yachtsmen, and not enough workers. Like the Ponzi deal, early investors who pulled out cash did well. Now it's time for the rest to get screwed. --Vic |
I wasn't thinkin of retiring anyway
Vic Smith wrote:
On Tue, 07 Oct 2008 16:57:30 -0400, Boater wrote: wrote: Well, all that money I put away in that plan is prob gone but I wasnt thinking of retiring for another 15 yrs at least anyway. What the hell, work is fun. Except for some share I have held onto for sentimental reasons, I got out of the market a long time ago, when I finally realized it was a fraud, along with the accounting practices of large, publicly held corporations. That became a Ponzi scheme when they got into workers pockets via 401k's. Used to be a viable savings/retirement instrument with blue chips, but utilized mostly by the upper middle class and higher due to disposable income and risk. Before the 401k auto-extraction, equity investors could usually be identified by their dress - golfing shoes or yachting caps. When that garb became commonly worn by the populace, you knew something was out of whack. Too many golfers and yachtsmen, and not enough workers. Like the Ponzi deal, early investors who pulled out cash did well. Now it's time for the rest to get screwed. --Vic We put all our (remaining) balance and future contributions in our 401K into guaranteed interest at 10%. That's not available to all 401K's I understand. In light of this latest screwing by the Globalist swindlers on Wall Street we may lose that though. You cannot trust the Global Merchant Class. Their only loyalty is to their pocket. They have screwed our economy and become Panda Huggers. China is bulking up its Military on a wartime basis. They intend tp take Taiwan and then kick America out of Asia. Then the land grab will commence. They are doing it with what was our wealth. Russia is revitalizing its former Military Port in Syria. It intends to control the flow of oil along with its aggressive moves to build a pipeline from the are into Russia. China will control the Straits that Oil and other commerce from Asia to America when it takes Taiwan while we sit idly by. The damned Globalist Merchant class like Paulson will keep touting China won't do anything because we are their trading partner. The tried to float their Council on Foreign Relations junk of World Peace through wold trade. What this deceptive bunch meant was huge profits for the Global Economic Elites by subvering the American Republic and raiding our wealth to areas of the world that have no resources, or limited capacities so they too can become customers. They then preached the level playing field nonsense to support this theft. Sermon over |
I wasn't thinkin of retiring anyway
On Oct 7, 5:20*pm, tin cup wrote:
Sermon over- Hide quoted text - - Show quoted text - What's the invitation hymn? |
I wasn't thinkin of retiring anyway
Tim wrote:
On Oct 7, 5:20 pm, tin cup wrote: Sermon over- Hide quoted text - - Show quoted text - What's the invitation hymn? Not suggesting anything but I like the Battle Hymn of the Republic. also. Mine eyes have sen the glory of the coming of the Lord. A little idealism seems to be arising. We can certainly use it. |
I wasn't thinkin of retiring anyway
On Tue, 07 Oct 2008 16:37:15 -0500, Vic Smith
wrote: On Tue, 07 Oct 2008 16:57:30 -0400, Boater wrote: wrote: Well, all that money I put away in that plan is prob gone but I wasnt thinking of retiring for another 15 yrs at least anyway. What the hell, work is fun. Except for some share I have held onto for sentimental reasons, I got out of the market a long time ago, when I finally realized it was a fraud, along with the accounting practices of large, publicly held corporations. That became a Ponzi scheme when they got into workers pockets via 401k's. Used to be a viable savings/retirement instrument with blue chips, but utilized mostly by the upper middle class and higher due to disposable income and risk. Before the 401k auto-extraction, equity investors could usually be identified by their dress - golfing shoes or yachting caps. When that garb became commonly worn by the populace, you knew something was out of whack. Too many golfers and yachtsmen, and not enough workers. Like the Ponzi deal, early investors who pulled out cash did well. Now it's time for the rest to get screwed. --Vic Why so hard on golfers? Hell, we're just people too! -- John H. |
I wasn't thinkin of retiring anyway
On Oct 7, 5:57*pm, tin cup wrote:
Tim wrote: On Oct 7, 5:20 pm, tin cup wrote: Sermon over- Hide quoted text - - Show quoted text - What's the invitation hymn? Not suggesting anything but I like the Battle Hymn of the Republic. also. Mine eyes have sen the glory of the coming of the Lord. A little idealism seems to be arising. We can certainly use it. Sounds great to me. and the sooner the better! |
I wasn't thinkin of retiring anyway
On Tue, 07 Oct 2008 19:00:06 -0400, John H.
wrote: Why so hard on golfers? Hell, we're just people too! Nah. I agree that golfers are people. Same with the bocci ballers, croquet ball whackers and squash players. Tell the truth, I don't know much about those "sports." I think squash is the most physically demanding, but really don't know. Considering all the golf courses that have been built in the last 20 years, that game needs you, John. After all, somebody has to do it. --Vic |
All times are GMT +1. The time now is 09:56 AM. |
|
Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 BoatBanter.com