![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: Apr 2003
Posts: 16,441
shareholder in the making
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shareholder in the making
Joined: Apr 2003
Posts: 16,441 |
Don't count your eggs before they've cracked all over the floor, reassembled themselves, cracked again, reassembled, maybe gotten bigger, and you're ready to make an omelette.
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: May 2003
Posts: 18,044
shareholder in the making
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shareholder in the making
Joined: May 2003
Posts: 18,044 |
My eggs keep cracking all over counter.
I am the Doctor, and THIS... is my SPOON!
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
Burn baby burn! Yesterday I bought SPXU which is a triple make money when the stock market goes down. Please crash, please...
Oh yeah. The market has always recovered after a crash, so no worry.
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: May 2003
Posts: 18,044
shareholder in the making
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shareholder in the making
Joined: May 2003
Posts: 18,044 |
Shove it.
Seriously, dude, it's in really poor taste to be gloating about the market going down right now, especially when so many people have lost so much--and I'm not talking about investors as much as people who were sold on 401Ks and 403Bs as acceptable replacements for pensions.
I am the Doctor, and THIS... is my SPOON!
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
I have 401k too. But keep the money in a safe guaranteed fund when the market is poor. I used to roll with the ebb and flow of the market, cry when it's down and gloat when it's up, but since then I've educated myself and gained some experience. The sheeple that prefer to keep their head in the sand instead deserve to loose their money. Just my humble opinion.
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
Oh and btw, here's an article that says the stock market crash of 1929-30 is almost the exact same as 2008-10, on a chart comparison, and the next big leg down is due now, or real soon. Link
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: May 2003
Posts: 18,044
shareholder in the making
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shareholder in the making
Joined: May 2003
Posts: 18,044 |
So, if you can see all this crap coming, why can't the investors managing 401ks and 403bs?
I am the Doctor, and THIS... is my SPOON!
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
Each mutual fund, and other items you have the choice to invest in are all topic related. Such as mid-cap growth, for instance. So that's the only area they concentrate in. If the mid-cap growth stocks go up, it goes up, if they go down, it goes down, ad nasium. Most of them, all they try to do is whatever the market is dishing out at the moment, in anticipation of the stock market going up as a long term trend.
Edit: Sure they try to beat the market. But beating the market may mean if it goes down 20%, they only lost 18% instead.
It takes active management to actually make any money. They are making money off of your money, whether you make any money or not. So, that only leaves you in control.
Last edited by CatBrat; 07/20/10 02:26 PM.
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: Apr 2003
Posts: 16,441
shareholder in the making
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shareholder in the making
Joined: Apr 2003
Posts: 16,441 |
Past performance is no indication of future performance, though.
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![](/boards/images/icons/default/book.gif) Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
True. But if you compare the chart that's in this link I provided with the past 4 years of the DOW, chills will run up and down your spine.
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