So how many here have lost it all via Lheemans crashing? (41)
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
This is no reason to sell.
Buy low, sell high
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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
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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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?
...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?
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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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?
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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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....
...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.
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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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
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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?
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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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
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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tinymac:
Is it all out own greed at fault anyway?
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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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
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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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....
...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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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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I'm not quite sure what to do with all my gold and oil stocks...hold on em or sell...
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morning Hugzy sell it to me...
and please pass some of your special popcorn - I can use some sedative today
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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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laura225: morning Hugzy
sell it to me...
and please pass some of your special popcorn - I can use some sedative today
sell it to me...
and please pass some of your special popcorn - I can use some sedative today
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!!!!!!
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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)
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)
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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!!!!!!
hoped for free popcorn,... what's the diff now - deal
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But then looking through the last few post, maybe a 46 yo from NY....
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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?