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A fool and his money...if anyone here thinks this country is rockin' and rollin' they are blind. I agree with what Mhall wrote...the President has done nothing for the stock market to rise....other than what JCB wrote...can anyone really pin point what the good news is to make the stock market be at a record high? What is the good news as far as employment is concerned? What is the good news as far as gas prices are concerned? What about the price of orange juice and milk...all of these are at sky high prices too!
No one will EVER convince me that NOBama is nothing more than the ABSOLUTE worst thing to EVER happen to this country, PERIOD! The man is a loser who got elected by a bunch of losers, he's in over his head and has ALWAYS been in over his head. Him along with Holder, Biden, Pelosi...hell fire man, they are all straight from Loserville, USA!
BLANK'EM AND FEED'EM FISH HEADS!
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[QUOTE=mhall;510224]Read what jcb wrote and WRITE IT DOWN...
Obama is to **** stupid to do anything right....The worst President times TEN in history....S U C K S more than a Dyson vacuum cleaner...............The end![/QUOTE]
You speak my mind so many times!!
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[QUOTE=DJD;510227]You speak my mind so many times!![/QUOTE]
Birds of a feather Bro.......:)
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Could market prices also be going up due to inflation?
Rising prices in milk,cheese, and bread = inflation= higher market prices?
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[QUOTE=Chubminnow;510226]A fool and his money...if anyone here thinks this country is rockin' and rollin' they are blind. I agree with what Mhall wrote...the President has done nothing for the stock market to rise....other than what JCB wrote...can anyone really pin point what the good news is to make the stock market be at a record high? What is the good news as far as employment is concerned? What is the good news as far as gas prices are concerned? What about the price of orange juice and milk...all of these are at sky high prices too!
No one will EVER convince me that NOBama is nothing more than the ABSOLUTE worst thing to EVER happen to this country, PERIOD! The man is a loser who got elected by a bunch of losers, he's in over his head and has ALWAYS been in over his head. Him along with Holder, Biden, Pelosi...hell fire man, they are all straight from Loserville, USA!
BLANK'EM AND FEED'EM FISH HEADS![/QUOTE]
Please don't sugar coat it tell us how you realy feel. I agree 100%.
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All my funds in the market are in retirement accounts so I couldn't care less what the market is doing right now. Tell me what it's doing in 20 years.
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[QUOTE=know1;510246]All my funds in the market are in retirement accounts so I couldn't care less what the market is doing right now. Tell me what it's doing in 20 years.[/QUOTE]
Well if you make nothing the next 10 years, or very little, in 20 years, you would have compounded very little.....Historically we've had 1 serious correction in a decade.....over the past 15 years, we've had 3 market corrections.
The past 20 years, my average is not what I'd like.......I really hope the next 10 are better, but I doubt it.
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[QUOTE=GeoFisher;510251]Well if you make nothing the next 10 years, or very little, in 20 years, you would have compounded very little.....Historically we've had 1 serious correction in a decade.....over the past 15 years, we've had 3 market corrections.
The past 20 years, my average is not what I'd like.......I really hope the next 10 are better, but I doubt it.[/QUOTE]
Bingo................Ladies and gentlemen we have a winner....
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[QUOTE=GeoFisher;510251]Well if you make nothing the next 10 years, or very little, in 20 years, you would have compounded very little.....Historically we've had 1 serious correction in a decade.....over the past 15 years, we've had 3 market corrections.
The past 20 years, my average is not what I'd like.......I really hope the next 10 are better, but I doubt it.[/QUOTE]
True, but if it stays low for the next 10-15 years then I'm buying cheap. I wouldn't have much problem with it staying low for a long time and then take off right before I'm ready to actually sell.
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[QUOTE=GeoFisher;510251]Well if you make nothing the next 10 years, or very little, in 20 years, you would have compounded very little.....Historically we've had 1 serious correction in a decade.....over the past 15 years, we've had 3 market corrections.
The past 20 years, my average is not what I'd like.......I really hope the next 10 are better, but I doubt it.[/QUOTE]
I should also say..........In 2000, My plan was to be done by the time I was 50, and I was on a targeted path to BE done.
I weathered y2k pretty well and I even weathered the tanking the markets took after 911. What I didn't weather too well was the sheer meltdown in 2009, caused by the ELECTION of Obama.
Yes, I don't blame the banking industry, I don't blame Bush, I don't blame fannie and freddie, I BLAME the election of the most LEFTIST, America Hating president the world has ever known. I really think electing him cause a shift in patterns, and that shift simply snowballed into a 7000 point puking in the market.
* Those SAME leftist ideas is what lead stupid people to buy houses 300% more than they could ever afford....
* those SAME Leftist ideas (similar to our current gubment) convinced people to spend thousands and thousands and thousands using credit cards.
* Those SAME leftist ideas convinced young folks who should have NEVER attended college to rack up hundreds of thousands of dollars, while not receiving a degree or a legitimate education.
* Those SAME LEFTIST IDEAS, lead those IDIOTS with 100k educations to camp out for months "occupying " wall street.
* Those SAME LEFTIST IDEAS lead to the passing of ObamaCare.
* THOSE SAME LEFTIST IDEAS lead to sandra flucker testifying on capitol hill about birth control, and abortion rights.
* THOSE SAME LEFTIST IDEAS............welll......you get the point.
I expect another puking once we figure out we are actually closer to Greece than even the CBO wants to admit.
I will not hit my 50 target and probably will not hit 60 either, but I will protect my assets a little better right now.
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[QUOTE=GeoFisher;510254]I should also say..........In 2000, My plan was to be done by the time I was 50, and I was on a targeted path to BE done.
I weathered y2k pretty well and I even weathered the tanking the markets took after 911. What I didn't weather too well was the sheer meltdown in 2009, caused by the ELECTION of Obama.
Yes, I don't blame the banking industry, I don't blame Bush, I don't blame fannie and freddie, I BLAME the election of the most LEFTIST, America Hating president the world has ever known. I really think electing him cause a shift in patterns, and that shift simply snowballed into a 7000 point puking in the market. [/QUOTE]
The market closed at 9675 on Nov. 4, 2008, the day President Obama was elected. How do you get that his election caused a 7000 point slide? The markets started their drop before he was ever elected. They are now back to where they were before 2007. Markets go up, markets go down.
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[QUOTE=fishraker;510255]The market closed at 9675 on Nov. 4, 2008, the day President Obama was elected. How do you get that his election caused a 7000 point slide? The markets started their drop before he was ever elected. They are now back to where they were before 2007. Markets go up, markets go down.[/QUOTE]
In October.....1 month before Obama was elected, the market closed at 11,500.
SPIN THAT.
AND I'm done trying to explain very simple concepts to people who quite frankly are INCAPABLE of understanding them.
Here is a link:
[url=http://stockcharts.com/freecharts/historical/djia1900.html]Dow Jones Industrial Average (1900 - Present Monthly) - Charting Tools - StockCharts.com[/url]
and here is a pretty picture to EXPLAIN.....Look at 1980 to 2000 and then 2000 to 2012.......if you think we're growing this economy you're a **** FOOL.......AND for those who look at Reagan as evil, lets not forget that 1980 to 2000 included quite a few REAGAN years......
[ATTACH=CONFIG]4970[/ATTACH]