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 Post subject: Strap In Everyone
PostPosted: Mon Sep 29, 2008 5:28 pm 
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Location: 120 miles west of Iowa City
This is going to be a rough ride. I think my 401(k) turned in to a 301(k) today.

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Obsessive proponent of situational bunting and 2 strike hitting approaches, reflexively pro-catchers calling good games and tasteless proponent of the value of a RBI.


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 Post subject: Re: Strap In Everyone
PostPosted: Mon Sep 29, 2008 5:41 pm 
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I'm so glad I opened my own business this year and just signed the contract to buy the building where the storefront is instead of renting it...I'm nervous...

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I say keep the $50 and ban him anyway...

For those jumping ship, we'll keep the bandwagon warm for you...


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 Post subject: Re: Strap In Everyone
PostPosted: Mon Sep 29, 2008 5:53 pm 
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So did my wife. I am afraid to look at her 401K.


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 Post subject: Re: Strap In Everyone
PostPosted: Tue Sep 30, 2008 9:02 am 
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Joined: Mon Apr 28, 2008 10:46 am
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Location: Economy, PA
Sure wish I had cashed out, but it's too late now. Gotta hang on and ride it out.


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 Post subject: Re: Strap In Everyone
PostPosted: Tue Sep 30, 2008 12:00 pm 
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Joined: Sat Apr 26, 2008 7:24 pm
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Location: Zelienople, PA
Just don't look for now. Really. This is stuff is long term investment. This is a short term issue. Unless you are retiring next week, just don't look....

ZM

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 Post subject: Re: Strap In Everyone
PostPosted: Tue Sep 30, 2008 12:04 pm 
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This is needed. Like a forest fire clears out old growth, this "crisis" is clearing out the old growth in the financial world.


It's also taught us that deregulation isn't the Holy Grail the Conservatives like to claim it is.


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 Post subject: Re: Strap In Everyone
PostPosted: Tue Sep 30, 2008 12:45 pm 
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ZelieMike wrote:
Just don't look for now. Really. This is stuff is long term investment. This is a short term issue. Unless you are retiring next week, just don't look....

ZM


This is exactly what it boils down to. I would also add that if you were retiring next week, your assests should have been moved into more stable investments long ago.

Bottom line, as anyone will tell you, is to not invest more than you can stand to lose. People who don't heed that will get burned.

The bubble has burst, money will be lost. End of story.


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 Post subject: Re: Strap In Everyone
PostPosted: Tue Sep 30, 2008 6:32 pm 
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BBF wrote:
The bubble has burst, money will be lost. End of story.


Buy low, sell high yet the public does the opposite. When a store has a sale, people flock in and buy. This is the time to buy and make money..begin the $tory

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 Post subject: Re: Strap In Everyone
PostPosted: Wed Oct 01, 2008 7:59 pm 
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Location: Wheeling, WV
Mark it down-- this is the first and only time I agree with the Bull-man.
Wait a week, it's still going down and find a good company and go for it.

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2011 Will Be Our Year -- well make that 2012 (just saying) So it looks like 2013 now - how long must this go on!
THIS IS IT-- NO MORE STREAK!!! *** Finally*** Time to win it in 2014


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 Post subject: Re: Strap In Everyone
PostPosted: Wed Oct 01, 2008 11:13 pm 
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And the lessons go unlearned.


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 Post subject: Re: Strap In Everyone
PostPosted: Thu Oct 02, 2008 3:47 pm 
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You may be right. The best course of action is to wait until Jan. or even spring. The market is probably going to continue down for some time to come. The question is when is the bottom? It may well be as late as spring, but remember that the market always preceeds the economy in moving forward.
Those who buy on the way down do the best. Look at Warren Buffet and his recent buys at 5 billion and 3 billion. He has a fairly good track recrd.

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2011 Will Be Our Year -- well make that 2012 (just saying) So it looks like 2013 now - how long must this go on!
THIS IS IT-- NO MORE STREAK!!! *** Finally*** Time to win it in 2014


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 Post subject: Re: Strap In Everyone
PostPosted: Fri Oct 03, 2008 4:18 pm 
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 Post subject: Re: Strap In Everyone
PostPosted: Thu Oct 09, 2008 4:35 pm 
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Holy Shtt.....

401K.....

301K.........

201K........

101K

I've got plenty of cash to take advantage, but I've also lost a shttload...holy F!!!

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 Post subject: Re: Strap In Everyone
PostPosted: Fri Oct 10, 2008 1:59 am 
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Location: Omaha, NE via Sioux City, Kansas City, and Chicago
Funny how things work...I'm having a great year!

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 Post subject: Re: Strap In Everyone
PostPosted: Fri Oct 10, 2008 11:36 am 
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Location: Scotch Plains, NJ
I expect to see graduate school applications balloon in number this year.

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 Post subject: Re: Strap In Everyone
PostPosted: Mon Oct 13, 2008 7:55 pm 
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Location: Wheeling, WV
It'll take at least another year to get back to where it was a year ago. But for the next six to nine months buying is the way to make money.

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2011 Will Be Our Year -- well make that 2012 (just saying) So it looks like 2013 now - how long must this go on!
THIS IS IT-- NO MORE STREAK!!! *** Finally*** Time to win it in 2014


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