Worst 2-week opening for a new year, EVER... Calling Mr Bullmarket
- Thread starter iasooner1
- Start date
If you'e investing, you're not really hurt as any large swing up or down is on paper only, if you're trading, it's a money making opportunity!
Been in cash since August. Markets are too scary for me. I was in cash all of 2008 till March 2009. I avoided a huge meltdown. So far, Yellen has strayed from Bernanke's stock market prop up policies.
Me too. For about a year. Not even mutual funds. I learned long ago that down-swings in the market are where fortunes are made by the already-rich, robbing from clueless investors and working people. I'm doing fine without the stock market.
I was in & out of the market via going short in 2008/2009. The same the past 4 weeks. Money can be made when the market goes up and down. These swings are great for trading.
Sunburnt, I'm one to believe you're making money when you're not losing money!
Soonersincefitty
Sooner starter
You are on the right track. Buy low and hold. It may take longer than you think but patience is your friend. Right now, don't under estimate cash.
Good point bama. Especially if you are wanting to retire soon. Feel sorry for the guy who is heavily invested, expecting to retire this year, and then this happens.
Unfortunately I cannot just yet so I think I'll go to see M Rubio tomorrow am and see what he can do for me. Hopefully its a cake desk job monitoring the daily production of one our many wind generating turbines in the vast Iowa fields
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I'm too old to Get Rich or Die Trying.
Rubio was at ease talking to the crowd of 150 or so (it was -10 actual when we arrived)
He did take a couple of questions from me; I'm still uncommitted.
My youngest advised me that the donald drew 3-4000 at UNI's old West Gym last week...
Rubio was at ease talking to the crowd of 150 or so (it was -10 actual when we arrived)
He did take a couple of questions from me; I'm still uncommitted.
My youngest advised me that the donald drew 3-4000 at UNI's old West Gym last week...
Soonersincefitty
Sooner starter
Yep, DT at the Mabee Center day after tomorrow on the 20th.
Thinking about it.
DT at the Mabee Center... that ought to be good for a few laughs.
I had 100K in a savings bank during that period and made an average of 0.48% interest, which is extremely paltry. Thanks, Bernanke. I guess that's better than having LOST some of that money, but it's hardly "growing your wealth" (not that I actually have much wealth to speak of).
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Obarry & Crazy Uncle Joe have given us plenty of laughs for a lifetime. It's time for fixing not continuing the Utopian lunacy of the last 7 years, in my humble opinion of cOUrse !
Soonersincefitty
Sooner starter
Yep, just for the historical snapshot in time...like when I went to see Jimmah Carter when he was running in a hastily erected circus tent at the Tulsa Int. Airport.
Aint no thang really.
Jimmah the peanut was my first Presidential vote when I was 20. I see the strong resemblance of what he did in 4 years in what I've seen lately.
Soonersincefitty
Sooner starter
Yep, I voted for him too...I was still pissy about Watergate and Fords ill advised pardon of Nixon...you live, you learn.
Yawn, 30 years until retirement.
Looks like a good buying opportunity in 2016 for a guy in my position...
Looks like a good buying opportunity in 2016 for a guy in my position...
There are no guarantees that any of us will live to see tomorrow. But if you have 30 more years of work in front of you, I send my deepest condolences. Man, that would suck.
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Ia, you can have considerable impact by participating at your local caucus. Go do your duty.
That fitty guy doesn't need money. He just looks at pretty girls on the internet all day, I think.
Soonersincefitty
Sooner starter
Well, in my defense I tried to leer at the ugly gals too...they just didn't do it for me.
Soonersincefitty
Sooner starter
Well, in my defense I tried to leer at the ugly gals too...they just didn't do it for me.
Soonersincefitty
Sooner starter
Uh oh, the little thing there has had its hand in the androgen jar.
(male hormones for the trips)
George W won the Iowa caucus both of his terms.....I think. I know his won in 2004, but pretty sure he won in 2000 also.
Edit: Just checked. Obama won the 2008 Democratic caucus. How soon we forget....or how soon can we forget.
Edit: Just checked. Obama won the 2008 Democratic caucus. How soon we forget....or how soon can we forget.
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Therein lies the rub: I have to work (primarily) to maintain health insurance for myself & others; 2nd shift hours, No 'absentee' caucus available, SO do I burn 2 hours in the middle of the shift to do my civic duty ? (and there is no law that says my employer has to approve my leave)... (to be fair, that may not be an accurate statement, and I've enough "seniority" I probably wouldn't be denied) but it definitely would not be convenient. I want to do my duty but maybe I would be by not participating considering the options on either side of our current system...
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