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| dow falling again.. | |
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| Tweet Topic Started: Oct 6 2008, 12:07 PM (115 Views) | |
| sirbrianwilson | Oct 6 2008, 12:07 PM Post #1 |
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Stemlerite
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-550 now so far. fuck's sake. br |
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| md11flyer | Oct 6 2008, 12:13 PM Post #2 |
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Assistant Coach
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Gee, you think it would have been worse without the 800 Billion? I can't help but believe that with this "rescue", we have started down a long hill we are not going to hit the bottom of for quite a while. Farewell 401k, I hardly knew yee. :fuckyou: Congress |
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| Mr Gray | Oct 6 2008, 01:09 PM Post #3 |
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Coach
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yeah, keep voting democrat bri....keep fueling the fire |
![]() The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism. | |
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| HoosierLars | Oct 6 2008, 01:14 PM Post #4 |
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3 in a row
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Thankfully I didn't move my 401k funds into the market a couple of weeks ago when I posted here, no thanks to you Aaron. :D At this point it's impossible to predict how bad the economy will get, and when the markets will start establishing a bottom. |
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| hoosierinhogville | Oct 6 2008, 01:14 PM Post #5 |
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Coach
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Democrat - repub, what's the difference anymore? I don't see either of them offering any real solutions. |
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| boilergrad01 | Oct 6 2008, 01:17 PM Post #6 |
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Working on the last 5
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yeah I am officially broke now -609.41 |
| Nothing beats an Astronaut | |
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| Mr Gray | Oct 6 2008, 01:32 PM Post #7 |
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Coach
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liberal economics caused this mess Hog. Dems are more liberal than republicans in general. Although Bush hasn't been very fiscally conservative, there are still conservative Republicans that exist. None the less, voting democrat guaranteed liberal economics, voting republican gives you a chance. |
![]() The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism. | |
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| boilergrad01 | Oct 6 2008, 01:35 PM Post #8 |
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Working on the last 5
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-728 as of 2:31 eastern wow |
| Nothing beats an Astronaut | |
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| BigTenBigBen | Oct 6 2008, 01:52 PM Post #9 |
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All-Star
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Here is a good article relating causes of the financial collapse in review. http://article.nationalreview.com/?q=ODM2NzRhMTEzMjhmNDAwZTVkOTA0ZjEzMzU5NTcxOTY= Edited by BigTenBigBen, Oct 6 2008, 01:53 PM.
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"I think Ronald Reagan was the best President of our lifetime." -- Johnny Ramone "Something you Democrats would never understand: Americans - we're homesteaders. We want a safe home, keep the money we make, and shoot bad guys." - William Shatner as Denny Crane, Boston Legal
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| hoosierinhogville | Oct 6 2008, 02:53 PM Post #10 |
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Coach
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I agree, but I stand by my assertion that none of these Pols - Dem or Repub- are offering any real solutions right. |
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| troubleatiu | Oct 6 2008, 02:55 PM Post #11 |
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Coach
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dont tell me you actually listened to me for once? a natural correction is needed; ive said that all along. what we need to be wary of is widespread panic and then a run on the banks. that COULD happen. then it'll get real ugly. |
![]() "The illegal we do immediately. The unconstitutional takes a little longer."--Henry Kissinger "What luck for rulers that men do not think."- Adolph Hitler "Terrorists don't want your freedoms--they want your life. It's dictators and tyrants who want your freedoms."-author unidentified | |
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| HoosierLars | Oct 6 2008, 03:23 PM Post #12 |
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3 in a row
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I always take your comments into consideration, the good, the bad, and the ugly. |
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| troubleatiu | Oct 6 2008, 04:39 PM Post #13 |
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Coach
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funny, i dont remember any bad or ugly ones. ;) |
![]() "The illegal we do immediately. The unconstitutional takes a little longer."--Henry Kissinger "What luck for rulers that men do not think."- Adolph Hitler "Terrorists don't want your freedoms--they want your life. It's dictators and tyrants who want your freedoms."-author unidentified | |
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| HoosierLars | Oct 6 2008, 04:49 PM Post #14 |
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3 in a row
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That's probably a true statement, because you were hitting the hard stuff before posting. :P |
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| brumdog44 | Oct 6 2008, 08:41 PM Post #15 |
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The guy picked last in gym class
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The majority of money I have saved for retirement is in the state TRF (teacher's retirement fund)....and I never have moved it out of the fixed account. Some teachers went heavy into the market and their accounts are taking a huge hit. The TRF actually has a pretty good rate of return on a fixed account -- something like 6%. My in-laws are retired (father-in-law worked in a steel mill and had a very nice buyout for early retirement) and were living off of money gained in investments...they are taking a huge hit right now and will be dipping heavily into the principal. Too many people have seen the stock market as a save haven, one that would guarantee big returns. I hope those who have suffered big losses are able to recoupe what they have lost, but I'm pretty happy right now that I played it on the safe side. |
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