Curiously, how's your 401k?

[rsnoble-im-back]

LOL. Things aren't looking so fresh.

 

[75th]

Not good.

But you havent lost money until you cash out.

I still have another 30 years so I dont really care.

 

[ortiz34]

Everything sucks Yankee guido balls
EVERYTHING!!!!!!!!!!!!!!!!!!!!!!!

I miss your greasy scent

 

[Smurfy]

MM69 in 3....2.....1

 

[Powerbuilder333]

Mine lost 7% last quarter, and 4% before that.
I know little on the financial front - but this can't be good

 

[rnch]

Not good.

But you havent lost money until you cash out.

I still have another 30 years so I dont really care.

SO true! it's all paper profit/loss until you withdraw.

mine has 5 years or so to recover.

 

[rsnoble-im-back]

Every couple days when I fill up the Hemi at the gas station I ask myself why im not out on one of my Harley's. Then it hits me. "Oh yeah......it's fucking raining again."

 

[rsnoble-im-back]

Not good.

But you havent lost money until you cash out.

I still have another 30 years so I dont really care.

In your case it would be good if the market really did crash. Well unless of course that leads to another depression and it really doesn't ever get better. LOL.

That's also the wrong thinking, which I hear often. The stock market isn't going to cause a depression--the correct thing to say is a depression(or bad economic conditions) will cause the market to tank.

I wouldn't be surprised to see more tankage tommorow followed by gov't intervention next week with possible closing of the markets to allow everyone to have a few days off and sit around and reflect. Then come to the conclusion holly fuck things really are messed up. LMFAO.

 

[rnch]

Every couple days when I fill up the Hemi at the gas station I ask myself why im not out on one of my Harley's. Then it hits me. "Oh yeah......it's fucking raining again."

"every couple of days'??? how many miles do you drive every day?

 

[rsnoble-im-back]

It will be interesting to see if all these plays into Bush's hands in his efforts to unite the US with Canada and Mexico with the bankruptcy of GM and tearing down the UAW, other unions follow suit, and then it's free for the elite to build there supernafta highway and turn this place into one giant shit pit.

Don't doubt it for a fucking minute.

 

[rsnoble-im-back]

It will be interesting to see if all these plays into Bush's hands in his efforts to unite the US with Canada and Mexico with the bankruptcy of GM and tearing down the UAW, other unions follow suit, and then it's free for the elite to build there supernafta highway and turn this place into one giant shit pit.

Don't doubt it for a fucking minute.

Ok, now im pissed off thinking about. I'm going to bed.

 

[gjohnson5]

As long as your company matches you contribution you should be doing fine.
If the money is invested, don't ya'll get choices to put it in gold???.
I guess you could invest it in oil but I'm just principally against that due to current goings on.

That's what I'd do

 

[75th]

In your case it would be good if the market really did crash. Well unless of course that leads to another depression and it really doesn't ever get better. LOL.

That's also the wrong thinking, which I hear often. The stock market isn't going to cause a depression--the correct thing to say is a depression(or bad economic conditions) will cause the market to tank.

I wouldn't be surprised to see more tankage tommorow followed by gov't intervention next week with possible closing of the markets to allow everyone to have a few days off and sit around and reflect. Then come to the conclusion holly fuck things really are messed up. LMFAO.

Down mkt tomorrow, but I would doubt any government intervention unless the Dow hits 10k.

They know that them doing anything will cause a dramatic shift in the world markets.

 

[chris302001]

Uncle Warren doesnt seem to think it's going to get better any soon either.....

 

[hardrock]

Not so hot the last quarter.

 

[Raptorex]

I moved it all into intermediate bonds weeks ago, thankfully.

 

[Dial_tone]

I'm down 4.81% for the last 12 months.

 

[Raptorex]

I'm down 4.81% for the last 12 months.

are those in mutual funds? if so what are you tracking? and your sure its not YTD? because Dow, Nasdaq, and S&P are > -10% for 12 months.

 

[Raptorex]

Down mkt tomorrow, but I would doubt any government intervention unless the Dow hits 10k.

They know that them doing anything will cause a dramatic shift in the world markets.

plus govt. intervention is impossible since this is a world-wide phenomenon, the shit is hitting the fan everywhere (and its just not due to the US stock market). Energy costs ared destroying economies around the world, time to FUCKING DESTROY those Arab prick fucks.

 

[javaguru]

I couldn't tell you,I don't follow it, the fact the IRS didn't jack my scratch is enough.

 

[75th]

plus govt. intervention is impossible since this is a world-wide phenomenon, the shit is hitting the fan everywhere (and its just not due to the US stock market). Energy costs ared destroying economies around the world, time to FUCKING DESTROY those Arab prick fucks.

Yeah but the world kinda follows what we do. For the time being, at least.

You know that Europeans and Asians are talking with us about creating some bullshit "coalition" to combat this shite.

 

[75th]

Looks like some people jumping on some good prices today. Futures are predicting a higher open.

Even though gaysian oil rose to $141.

 

[drsketch]

Try investing in stronger currencies or precious metals/stones.

 

[75th]

Try investing in stronger currencies or precious metals/stones.

Currencyshares. I bought the Swiss Franc ETF a while back. Not too shabby.

I wish I had gotten the Australian Dollar. Live and learn.

 

[75th]

Looks like some people jumping on some good prices today. Futures are predicting a higher open.

Even though gaysian oil rose to $141.

Scratch that. Shits gonna open lower...even though spending and confidence increased last month.

 

[Hengst]

Yeah but the world kinda follows what we do. For the time being, at least.

You know that Europeans and Asians are talking with us about creating some bullshit "coalition" to combat this shite.

75th - We have a new paradign that has never existed before; it's called Globalism. The world operates differently today than even 15 years ago and we just do not know how the rest of the world's economies will react to America's melt down.

15 years ago America was still the worlds creditor but now we are the world's leading debtor nation. 15 years ago America still had a manufactoring base, that has now been eviserated. 15 years ago America was pretty much the only market for european goods. Now trade to/from America is a fraction of what it was. The Asians (China, India, etc.) got the Americans' dollars and they are spending them here.

From my perspective here in NL, the only thing we are experiencing is a rise in food and fuel prices. Real Estate has not collapsed. It's still rising (granted only at about 5%/year and not the blistering 14% we experienced last year) The europeans never had the lax home lending policies so there are not millions of unknown/unknowable 'bad loans' except for those 'financial instruments' some of the major banks here bought from the americans. Also, the Europeans (and Asians) do not consume at the level Americans do and alot of what we do consume here is made here.

I know I'm talking generalities but the old "When America Sneezes; The World Gets A Cold" mentality is, I fear, dead.

You can thank ALL or our politicians for the mess we are in. Dems AND Reps take equal blame.

 

[75th]

75th - We have a new paradign that has never existed before; it's called Globalism. The world operates differently today than even 15 years ago and we just do not know how the rest of the world's economies will react to America's melt down.

15 years ago America was still the worlds creditor but now we are the world's leading debtor nation. 15 years ago America still had a manufactoring base, that has now been eviserated. 15 years ago America was pretty much the only market for european goods. Now trade to/from America is a fraction of what it was. The Asians (China, India, etc.) got the Americans' dollars and they are spending them here.

From my perspective here in NL, the only thing we are experiencing is a rise in food and fuel prices. Real Estate has not collapsed. It's still rising (granted only at about 5%/year and not the blistering 14% we experienced last year) The europeans never had the lax home lending policies so there are not millions of unknown/unknowable 'bad loans' except for those 'financial instruments' some of the major banks here bought from the americans. Also, the Europeans (and Asians) do not consume at the level Americans do and alot of what we do consume here is made here.

I know I'm talking generalities but the old "When America Sneezes; The World Gets A Cold" mentality is, I fear, dead.

You can thank ALL or our politicians for the mess we are in. Dems AND Reps take equal blame.

Indeed, thats why I made sure to put "for the time being" in there.

The status of American is the brightest light in the world is quickly coming to a close, and there is really no way to stop it now.

Our leaders suck.

 

[Hengst]

And to answer the original post question...........

My self directed IRA lost about 10% of its value from Jan 07 to Jan 08.

 

[SpyWizard]

real estate and land.. it's doing fine thanks..

house, building, and 10 acres of plant able land $65k..

I'm adding solar electic to it within the next couple years..

then the world can go and do what it wants..

 

[Hengst]

real estate and land.. it's doing fine thanks..

house, building, and 10 acres of plant able land $65k..

I'm adding solar electic to it within the next couple years..

then the world can go and do what it wants..

This is exactly what I plan on doing when (if) I return to the states - buy a piece of land and a house for cash and then fit it to go off grid.

 

[Dial_tone]

are those in mutual funds? if so what are you tracking? and your sure its not YTD? because Dow, Nasdaq, and S&P are > -10% for 12 months.

It's seven different funds actually. Return for the most recent quarterwas -6.53%. This is 1/1/08-3/31/08 though. I don't have a more recent statement. Oddly enough ING Real Estate Fund-A actually made money....a trvial amount but still.