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Re:THE WORD FOR TODAY
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TOPIC: Re:THE WORD FOR TODAY
#164894
javawave (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
takehikes wrote:
Actually (and no one wants to hear this) you don't make or lose money UNTIL you cash out.

Until then its all speculation. Also if your employer contributes that's kind of found money.

So look at what YOU actually put in and do the math on that. Again it ain't real until you cash out and as I explained before it gets real damn real.


I have been preaching that myself. I believe the same thing in home values going down. I built a home, not an investment. Any short term drop in value means nothing to me because I don't plan on going anywhere.

I continue to put as much in the market as I can, I believe there are tremendous values out there right now and for those that stay the course and do not bail, the returns will be huge 5 - 10 down the road. I honestly believe that. IF you sell now, you will never get the chance to recover what you have lost. JMO
 
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Last Edit: 2009/02/19 18:10 By javawave.
 

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#164898
takehikes (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
I didn't change my investing one bit, still putting in the 401K.

I do wish I had some money to throw at Ford right now....looks like they are the best bet in Detroit whether you like them or not. They saw the crunch coming and prepared and there may be a massive pay off for the investors.
 
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#164915
slezy (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
Did 25 years in a foundry pension barely pays rent and utillitie's retiring at 62 (4 year's don't seem likely)Checked into and have been testing for the last few days at a nearby state college in two years plus change if i can make it at radiology tech You can call mr McSlezy!
 
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#164925
chief802 (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
javawave wrote:
I continue to put as much in the market as I can, I believe there are tremendous values out there right now and for those that stay the course and do not bail, the returns will be huge 5 - 10 down the road. I honestly believe that. IF you sell now, you will never get the chance to recover what you have lost. JMO

Good advice Javawave. I can't agree more. I hadn't put anything into the market for the last 5 years or so. Hadn't taken anything out either. I just started dumping everything I can afford into it on January 1st. I think there is some good money to be made in the next 5 years. Up, Up, and away!

But my heart goes out to those of you sitting on the edge of a job, trying to stretch your dollar, not knowing what tommorrow brings. Things will get better.
 
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#164933
ride2escape (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
I'm looking in the sofa for some change--not Obama's change either--real coins
 
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#164939
ride2escape (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
I like my houses--one near the beach (Ocean City MD) and one near my work (Washington DC)--about 150 miles apart. But I pay my mortgages every month and can still put 4 gallons in the Roadie to go ride. Now Obamanation wants to make me pay for others??? Liquidity--it's my bank account every month and what is ever left over--maybe I'll eat some Ramen Noodles and a hot dog!!!!!!!! And when my stock in a gold mining company went from $17 to $3--I bought more--it's comming back up--much more slowly than it dropped. But the original purchase was about $9--so I'm about breaking even right now--good luck to all in the comming months---BUY GUNS AND BULLETS AND KEEP THE "CHANGE"
 
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#164982
Capt.Kirk (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
Buy guns while you can,there are new bills in Congress as we speak, that our government won't be letting us have them in the future. Yeah, there's change coming alright!
 
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#164989
Hotelfox (User)
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Re:THE WORD FOR TODAY 3 Years, 3 Months ago  
javawave wrote:
I have just decided not to retire... ever. Or was that recently decided for me?

I am sitting on the bench next to ya brother! Looks like I am going to work and ride my Chicken till I die...
 
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