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![]() wrote in message ... On Nov 5, 9:34 pm, wrote: Got my financial reports on my investments today, lost nearly $85,000. I have always been fiscally responsible, never carry any cc balance, live within my means, save for retirement, dont own an expensive house, etc. So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy. DEMS OWE ME BIG MONEY. I figure I have paid my share of the national debt, Dems can all pay the rest. If you voted Dem, you pay. The market isnt coming back any time soon because nobody in their right mind would invest knowing the crooks now control the economy. I dun paid my part of the debt, so if you voted Dem, pay up cuz YOU caused the problem. Hold up! What about the Republican mantra of don't interfere with my possessions? Just how did the "dems" control your finances? You could do anything you wanted with the money. Just because you chose to risk it for a higher yield isn't anyone's fault but yours. ---- Everyone is entitled to their own I privately manage my own portfolio and in any 2 year cycle (except for 2008) I have beat bank returns by at least twice the amount, often 5 times! Over time that adds up nice. But I don't own a single bond or mutual fund. Been this way for over 15 years. 2004/2005 was obscene, I make far more than was lost in this year. And I don't subscribe to buy and hold. The longest stock I have is just 4 years old. Mutual funds and large investment houses are at a disadvantage, they can't get in, do the high and dump as I can. Often I only trade 1000 shares, but they need to do a million or more. I call it the small investors hands on advantage. Heavy in cash right now, have been since April but have bought about 5 recently. One is down 5%, 2 went sideways and 2 put on 25% so far. At least one I am going to sell as it is ultra short term. |
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