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So how many here have lost it all via Lheemans crashing? ( Archived) (41)

Sep 16, 2008 3:44 AM CST So how many here have lost it all via Lheemans crashing?
tinymac
tinymactinymachilversum, North Holland Netherlands35 Threads 2,539 Posts
Well - I have investments which I am thiking about selling

how many others here are feeling twitchy at this moment or totally freaked by the financial mess in the US currently?

Is it all out own greed at fault anyway?

peace
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Sep 16, 2008 6:38 AM CST So how many here have lost it all via Lheemans crashing?
arabella
arabellaarabellaNear Farmington, Maine USA110 Threads 2 Polls 7,814 Posts
The ups and downs of the market and companies going out of business are a fact of financial life.

This is no reason to sell.

Buy low, sell high grin
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Sep 16, 2008 6:40 AM CST So how many here have lost it all via Lheemans crashing?
Indyfella
IndyfellaIndyfellaindianapolis, Indiana USA230 Threads 9 Polls 27,698 Posts
arabella: The ups and downs of the market and companies going out of business are a fact of financial life.

This is no reason to sell.

Buy low, sell high



I'd ride it out...and hope that there is some fiscal responsibility in our government someday.
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Sep 16, 2008 6:43 AM CST So how many here have lost it all via Lheemans crashing?
Lagoona22
Lagoona22Lagoona22Bugibba, Majjistral Malta249 Threads 28 Polls 18,518 Posts
This is it....the big melt down.....this is pay-back time....all the greed, all the lies, all the phony financial instruments, which amount to stealing money from people who don't understand what they are buying, ie the little guy....

...get out, sell out, walk out, run out, wait it out....you will lose your shirt if u don't...

...actually, it's almost too late already....

Think Wall Street 1929....

Got it?


tinymac: Well - I have investments which I am thiking about selling

how many others here are feeling twitchy at this moment or totally freaked by the financial mess in the US currently?

Is it all out own greed at fault anyway?
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Sep 16, 2008 7:00 AM CST So how many here have lost it all via Lheemans crashing?
muleguy52
muleguy52muleguy52Liverpool, Merseyside, England UK8 Threads 459 Posts
tinymac: Well - I have investments which I am thiking about selling

how many others here are feeling twitchy at this moment or totally freaked by the financial mess in the US currently?

Is it all out own greed at fault anyway?

No doubt in my mind that this state of affairs has been brought about by the greed of the banks,always looking for even more and more ways of making even more and more money.

As for your investments,remember that you won't realize a loss unless you sell.
In time,the markets will recover,and hopefully,lessons will have been learned to prevent this kind of fiasco from happening again,in the future.
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Sep 16, 2008 7:05 AM CST So how many here have lost it all via Lheemans crashing?
Lagoona22
Lagoona22Lagoona22Bugibba, Majjistral Malta249 Threads 28 Polls 18,518 Posts
That's fine as an arguement, but this means that you have time on your side.....if you are over 50, or have retired, or have lost your job, and are living off your assets, you don't have the luxury of waiting for the market to recover.....

...believe me, what's gone is gone....and there's no way to window dess it....


muleguy52: No doubt in my mind that this state of affairs has been brought about by the greed of the banks,always looking for even more and more ways of making even more and more money.

As for your investments,remember that you won't realize a loss unless you sell.
In time,the markets will recover,and hopefully,lessons will have been learned to prevent this kind of fiasco from happening again,in the future.
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Sep 16, 2008 7:11 AM CST So how many here have lost it all via Lheemans crashing?
arabella
arabellaarabellaNear Farmington, Maine USA110 Threads 2 Polls 7,814 Posts
Lagoona22: Think Wall Street 1929....



OK, so my relatives did not lose it al then.

Actually, they road it out. And the portfolio I have today is mostly composed of the stocks they owned then. And much more due to stock splits and dividend reinvestment.

And my grandfather was a bank president.

Those who panic never prosper professor
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Sep 16, 2008 7:14 AM CST So how many here have lost it all via Lheemans crashing?
laura225
laura225laura225Somewhere, New York USA3 Threads 2 Polls 2,657 Posts
tinymac: Well - I have investments which I am thiking about selling

how many others here are feeling twitchy at this moment or totally freaked by the financial mess in the US currently?

Is it all out own greed at fault anyway?


Totally freaked.

Was trying to avoid these threads all day yesterday.

Won't sell.
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Sep 16, 2008 7:16 AM CST So how many here have lost it all via Lheemans crashing?
foreveryoung1
foreveryoung1foreveryoung1cartagena, Murcia Spain4 Threads 1 Polls 4,094 Posts
arabella: OK, so my relatives did not lose it al then.

Actually, they road it out. And the portfolio I have today is mostly composed of the stocks they owned then. And much more due to stock splits and dividend reinvestment.

And my grandfather was a bank president.

Those who panic never prosper


Depends on what you are invested in, if in of rock solids, e.g. gold, land, oil etc you are safe, after all they are not making any more of that, but if in an already dodgy commodity, get out and fast.
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Sep 16, 2008 7:20 AM CST So how many here have lost it all via Lheemans crashing?
HondoLaneNJ
HondoLaneNJHondoLaneNJtoms river, New Jersey USA6 Threads 1,194 Posts
tinymac:

Is it all out own greed at fault anyway?


It's funny: nobody complains about "greed" when everything is going great...lol!

I'd ride it out...the government can't afford to let them melt down. Too many politicians have too much invested, themselves.

And by the way: Where was Chuckie Schumer during all this? He was good enough to warn us when IndyMac was gonna blow...where is he now?

Oh yea...I forgot: these guys are actual financial backers of his campaign! He has money in this one! Can't afford to open his mealy mouth this time...
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Sep 16, 2008 7:26 AM CST So how many here have lost it all via Lheemans crashing?
Lagoona22
Lagoona22Lagoona22Bugibba, Majjistral Malta249 Threads 28 Polls 18,518 Posts
You're avoiding the point that I'm making..."Buy and Hold" is a strategy that works only if you have a long time span to invest in...say 20 years...you're almost guarenteed to do well.....but if you only have 5-10 years to get in and get out....you're living dangerously....


arabella: OK, so my relatives did not lose it al then.

Actually, they road it out. And the portfolio I have today is mostly composed of the stocks they owned then. And much more due to stock splits and dividend reinvestment.

And my grandfather was a bank president.

Those who panic never prosper
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Sep 16, 2008 7:35 AM CST So how many here have lost it all via Lheemans crashing?
muleguy52
muleguy52muleguy52Liverpool, Merseyside, England UK8 Threads 459 Posts
Lagoona22: That's fine as an arguement, but this means that you have time on your side.....if you are over 50, or have retired, or have lost your job, and are living off your assets, you don't have the luxury of waiting for the market to recover.....

...believe me, what's gone is gone....and there's no way to window dess it....

Yes,where investments are concerned,you do need time on your side.

Also,it is a bad blow for people coming up to their retirements.

People may think their pensions are protected from these dramatic downturns,by what their pension providers call 'cushioning',and 'smoothing out',but some pension portfolios have as much as 85% invested in equities,according to a radio show i was listening to this morning.That's going to take some smoothing.

In the latter years of a pension,the weighting can be adjusted to a safer balance,but,even so.....
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Sep 16, 2008 8:04 AM CST So how many here have lost it all via Lheemans crashing?
FreeHappy
FreeHappyFreeHappyCleveland, Ohio USA15 Threads 2 Polls 373 Posts
Indyfella: I'd ride it out...and hope that there is some fiscal responsibility in our government someday.


Hope the Democrats get elected in order to obtain that "fiscal responsibility in our government"
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Sep 16, 2008 8:05 AM CST So how many here have lost it all via Lheemans crashing?
Hugz_n_Kissez
Hugz_n_KissezHugz_n_KissezSomeplace, Ontario Canada82 Threads 3 Polls 34,865 Posts
I'm not quite sure what to do with all my gold and oil stocks...hold on em or sell...hmmm
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Sep 16, 2008 8:09 AM CST So how many here have lost it all via Lheemans crashing?
laura225
laura225laura225Somewhere, New York USA3 Threads 2 Polls 2,657 Posts
wave morning Hugzy grin

sell it to me...

and please pass some of your special popcorn - I can use some sedative today blues
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Sep 16, 2008 8:13 AM CST So how many here have lost it all via Lheemans crashing?
muleguy52
muleguy52muleguy52Liverpool, Merseyside, England UK8 Threads 459 Posts
FreeHappy: Hope the Democrats get elected in order to obtain that "fiscal responsibility in our government"

Whoever is elected,America will still lead from the front.

There is a saying,that when Amerca sneezes,the rest of the world catches a cold.

Maybe i should invest my savings in Kleenex!
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Sep 16, 2008 8:15 AM CST So how many here have lost it all via Lheemans crashing?
Hugz_n_Kissez
Hugz_n_KissezHugz_n_KissezSomeplace, Ontario Canada82 Threads 3 Polls 34,865 Posts
laura225: morning Hugzy

sell it to me...

and please pass some of your special popcorn - I can use some sedative today



wave Morning g/f....well I can sell ya my stocks and my special popcorn all in one smooth sale....I just have to get an appraisal done on my fools gold and my 10W30 first!!!!!!


hug teddybear hug bouquet grin
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Sep 16, 2008 8:17 AM CST So how many here have lost it all via Lheemans crashing?
I have Putnam Growth. A few years back, it was worth 3X what it is now. Just ride it out, it will go up again.

Hell, at my age I am considering the very high risk stocks. It is only money and maybe I would get lucky and make millions, then I could afford a wife.. (22 yo redhead of course)rolling on the floor laughing rolling on the floor laughing rolling on the floor laughing rolling on the floor laughing rolling on the floor laughing rolling on the floor laughing
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Sep 16, 2008 8:20 AM CST So how many here have lost it all via Lheemans crashing?
laura225
laura225laura225Somewhere, New York USA3 Threads 2 Polls 2,657 Posts
Hugz_n_Kissez: Morning g/f....well I can sell ya my stocks and my special popcorn all in one smooth sale....I just have to get an appraisal done on my fools gold and my 10W30 first!!!!!!


wow shock hoped for free popcorn,
... what's the diff now - deal grin

hug bouquet
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Sep 16, 2008 8:20 AM CST So how many here have lost it all via Lheemans crashing?
But then looking through the last few post, maybe a 46 yo from NY....devil




tongue
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by tinymac (35 Threads)
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